https://nexoptic.com/news/richard-geruson-nexoptic-chairman-announces-nexoptic-enters-next-phase-of-commercialization/
Just some paragraphs from NexOptic's Press Release dated Sept. 10, 2021
I like to underline here again for the record, especially because of ALIIS™.
QUOTE
“We’re at the beginning of a paradigm shift within the entire imaging industry whereby camera platforms are increasingly becoming AI centric on the device itself,” said Paul McKenzie, NexOptic’s Co-Founder and CEO. “This includes both industry as well as consumer applications and it’s creating significant advantages for data carriers as well as users of all types of data. We’re increasingly well positioned to become a significant contributor in this fast-growing AI on-device trend.”
With key objectives in hand, and with full marketing and other support from industry partners NVIDIA, Qualcomm and ARM, NexOptic’s North American- and Korean-based sales teams have been attracting rising numbers of enquiries for demonstrations of Aliis to prospective customers. Interested parties continue to include large multinationals as well as regional start-ups, and NexOptic has become expedient in processing its customer enquiries and fully demonstrating the efficacy and significant advantage of Aliis.
As part of enabling the Company’s Korean team, NexOptic has engaged with a global leading engineering and software development company to develop its Aliis Android demonstration app. The app perfectly demonstrates the capabilities of Aliis to potential NexOptic customers, leveraging the power of mobile chipsets and the compact form factors they provide. With the help of this development partner, the Company’s focus can remain on the core AI technology, while still delivering a polished technical demonstration tool to sales and BD teams.
Along the same lines, NexOptic has developed its own NVIDIA Jetson based evaluation kit (EVK) that select prospective customers are utilizing. The kit leverages the raw performance of NVIDIA’s Jetson platform and runs all of Aliis’ algorithms on real time HD video coming from the bundled machine vision camera.
Equally critical to the Company’s technology development and commercialization objectives is its IP fortification strategy. Using top-tier Silicon Valley-based IP attorneys NexOptic has been happy to announce two key patents being granted, with more pending. New applications are continuing to be filed on a regular basis as NexOptic develops new solutions, optimizes existing solutions, and discovers new use cases along the way. The Company is excited to share more about how it has tackled some of the complexities of video with its AI and will continue to provide updates as they become material news.
UNQUOTE
My comment: Only approx. 9 months have passed since the above PR was published in Sept. 2021. We are talking about only approx. 270 days. That's nothing as far as time is concerned in the technical world. In any case, I can say that NexOptic has its foot in the door to become successful. Whether the door opens completely, we have to wait and see. In any way, I have a very good feeling about my investment into NexOptic, i.e. their AI technology.
I will continue to stay invested long-term. Dips I will use to add shares, if I can.
Regards, Ulrike
PS.:
This post is an opinion only. If some posters are calling it pushing, then they are either bashing the NXO stock or have other self-serving intentions.