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RDARS is a commercial version of a military grade drone system currently used by the US Air Force, with modifications to tailor the product for civilian applications.




 

Bullboard - Investor Discussion Forum RDARS Inc C.RDRS

Alternate Symbol(s):  RDRSF

RDARS Inc. is a Canada-based autonomous robotics and drone technology company developing advanced systems for alarm system augmentation and surveillance. The Company possesses a disruptive technology that is advancing the security industry’s approach to protecting commercial, industrial and residential properties, by introducing protection with autonomous artificial intelligence systems that... see more

CSE:RDRS - Post Discussion

RDARS Inc > RDARS Inc. Announces Fiscal Q3 2023 Revenue of $240,000
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Post by averagepennies on Nov 02, 2023 11:00am

RDARS Inc. Announces Fiscal Q3 2023 Revenue of $240,000

Toronto, Ontario--(Newsfile Corp. - November 2, 2023) - RDARS Inc. (CSE: RDRS) (OTCQB: RDRSF) ("RDARS" or the "Company"), an autonomous robotics and drone technology company developing advanced systems and artificial intelligence AI for alarm system augmentation and surveillance, is pleased to announce that the Company has commenced sales of its autonomous "Drone in a Box" Eagle Watch Platform with Q3 2023 Revenues of $240,000, concurrent with receiving its first BVLOS Certificate of Waiver granted by the Federal Aviation Authority (FAA) in the United States.

RDARS CEO, Charles Zwebner, expressed, "We at RDARS take immense pride in this milestone. The shift from R&D to sales, especially after a challenging four-year period marked by COVID, has filled us with exhilaration. The market's enthusiastic response and interest towards our Eagle Watch Platform product is overwhelming, and we eagerly are now beginning to forecast the scale of the vast opportunities coming our way. We remain confident that no other system worldwide matches ours in terms of advanced, state-of-the-art AI technology tailored specifically for FAA compliance, at a comparable price point."

"We will continue to work with the FAA to achieve large scale deployments with criteria based BVLOS Waivers and approvals during 2024 and are already gearing up for numerous deployments. It has and continues to be my vison and business plan to achieve sales by working with large security company channel partners, that are operated and managed by RDARS-trained FAA Part 107 drone licensed pilots that is executed under a SaaS/HaaS revenue model - our objective: one million deployed installations and units to clients in the USA and Canada, without yet even counting in the rest of the world opportunities," added Charles.

 

https://www.newsfilecorp.com/release/186037

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Investment Opportunity

PROBLEM

Current alarm technology has changed little in the last 20 years. Cameras can only see so much and cannot provide adequate situational awareness.

Current alarm sensors are prone to false alerts and human patrols are expensive and ineffective.

False alarms are a drain on emergency services such as police, fire, ambulance plus administrative burden.

SOLUTION

RDARS provides the world’s first drone technology solution for real-time alarm response, verification, intervention, reporting, and evidence recording.


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