22:41:26 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Global Remote Technologies Ltd
Symbol RGT
Shares Issued 42,071,338
Close 2017-08-01 C$ 0.06
Market Cap C$ 2,524,280
Recent Sedar Documents

Global Remote proceeds with KeyW partnership

2017-08-01 10:02 ET - News Release

An anonymous director reports

GLOBAL REMOTE TECHNOLOGIES, LLC ANNOUNCES NEW BUSINESS OPPORTUNITY

Global Remote Technologies Ltd. is moving forward with its Kestrel technology partnership with KeyW Corp.

Global Remote recently hosted a meeting at its Denver office with an executive from KeyW Corp. and Visual Globe to finalize the path forward for jointly pursuing customers in the energy sector using sensor packs and aircraft provided by KeyW to field Global Remote's Kestrel data system, a concept and method first introduced to KeyW in January, 2016. Global Remote and KeyW had originally scheduled a live demonstration of the technology to a major oil company (name withheld due to non-disclosure) in June to July, 2017, but the test was delayed due to scheduling conflicts with KeyW aircraft. Global Remote is working with KeyW management to place the system into operation in August or September. Global Remote is excited to again have several customers awaiting a system test of this project after more than 18 months of work and preparation. Additionally, KeyW has stated that it has been marketing the Kestrel data system to several supermajors in the preceding 12 months with excellent feedback. Global Remote hopes to continue to grow its great relationship with KeyW and continue to pursue clients together.

Once scheduling has been finalized for the West Texas fielding operation, Global Remote intends to publish continuing results in order to keep shareholders abreast of developments with the company.

About Global Remote Technologies Ltd.

The objective at Global Remote Technologies is to reduce operational costs in the energy domain, specifically the oil sector, with unique, proprietary techniques and technologies that support upstream, mid-stream and downstream processes. Services are developed to create custom solutions that improve performance, improve health and safety standards, and bring significant savings to clients. Global Remote operates in rugged locations around the globe, with offices in Canada, Mexico, Oman and the United States.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.