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Sparc AI Inc C.SPAI

Alternate Symbol(s):  EGTTF

Sparc AI Inc. is a software and electronics engineering company. The Company has developed, patented and commercialized an innovative spatial, predictive, approximation and radial convolution technology called Spatial Predictive Approximation and Radial Convolution (SPARC) technology and associated product suite that turns any sensor, camera or smartphone device (fixed, mobile, portable or handheld) into a target co-ordinate acquisition system. It predicts locations of distant objects combined with big data and artificial intelligence (AI) that can be used in generative AI applications for a variety of commercial applications. Its Spatial Predictive technology includes determination of the location of any distant object; location reverse lookup; geofence, and virtual triangulation. It uses drone or a series of fixed cameras to capture a geofenced area of reference. Its virtual triangulation selects a series of cameras to determine the optimal line of slight to the point of interest.


CSE:SPAI - Post by User

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Post by IClaudiusIIon May 07, 2024 1:32pm
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Post# 36027152

SPAI - Core Patent Value

SPAI - Core Patent Value

When searching intellectual property databases SPAI has one invention patented (original patent application started in Australia in 2008). The name of the singular invention/patent is 'Spatial Predictive Approximation and Radial Convolution' and since the original patent was filed it has been registered in 6 other countries since then. Despite this the patent has not been commercialized or licensed to the benefit of shareholders for years, with drones being mentioned as a potential application since 2021. Based on the attached patent description, what is the estimated value of this patent, especially compared to more modern methods of drone navigation. Please consider what is covered by this patent in the description and what is not covered, like the idea of an autonomous drone is not covered, other methods of localizing a self reference point and distance to other points is not covered. 


https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/9058689

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