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