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New licensing integration brings SPARC AI closer to commercialization

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| November 20, 2024

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  • SPARC AI Inc. (CSE:SPAI) has integrated a software licensing solution into its product lineup, aimed at streamlining the issuance and management of subscriptions and licenses for resellers, distributors, and customers
  • This new capability provides first responders with essential tools for evidence capture, documentation, and sharing, significantly improving their operational effectiveness in critical situations
  • The company initially introduced an autonomous flight solution that allows operators to record the location of a distant object and command drones to navigate autonomously to the target
  • SPARC AI Inc. stock (CSE:SPAI) closed trading at $0.21

High-flying software and engineering stock SPARC AI Inc. (CSE:SPAI) has integrated a software licensing solution into its product lineup, aimed at streamlining the issuance and management of subscriptions and licenses for resellers, distributors, and customers.

Via a news release, the Toronto-based tech company explained that this solution is seamlessly incorporated into SPARC AI’s back-end billing engine, enhancing operational efficiency across the board.

In addition to the licensing solution, SPARC AI has rolled out an innovative feature for storing and sharing target recordings. This new capability provides first responders with essential tools for evidence capture, documentation, and sharing, significantly improving their operational effectiveness in critical situations.

The company initially introduced an autonomous flight solution that allows operators to record the location of a distant object and command drones to navigate autonomously to the target. This system has now been upgraded, enabling real-time monitoring of drone movements through both camera and map views during autonomous flight mode.

SPARC AI has dedicated substantial resources to ensure that its products are robust and fit for purpose. The management team is preparing for the product launch, with additional updates slated for release in the near future. This announcement comes just weeks after the company unveiled a new solution for recording multiple points of interest using its target acquisition system, which has now been enhanced with seamless integration of Google Maps.

SPARC AI’s target acquisition system is a discreet and highly adaptable software that can be installed on any camera-equipped device, including drones and large-scale surveillance systems. Designed to support tactical and mission-critical decision-making, this technology can pinpoint the location and measure the distance to any remote object, all without relying on GPS.

SPARC AI Inc. has developed and patented Spatial Predictive Approximation and Radial Convolution (SPARC), encompassing exclusive algorithms leveraging established mathematical principles to determine the positions of remote objects independently of satellite, GPS or internet connectivity. Leveraging this core IP, SPARC AI is in the process of creating a variety of geospatial solutions, which are being seamlessly integrated into a microchip. This integration empowers users to enable SPARC AI functionality across their camera devices, including drones.

SPARC AI Inc. stock (CSE:SPAI) closed trading down 16 per cent at $0.21 but has risen 110.00 per cent since the year began and is up 200 per cent since this time last year.

Join the discussion: Find out what everybody’s saying about this stock on the SPARC AI Inc. Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image via SPARC AI Inc.)




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