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Nexoptic Technology Corp
Symbol NXO
Shares Issued 125,668,299
Close 2018-04-23 C$ 1.15
Market Cap C$ 144,518,544
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Nexoptic demonstrates technology to General Dynamics

2018-04-24 10:19 ET - News Release

Mr. John Daugela reports

NEXOPTIC SELECTED TO DEMONSTRATE TECHNOLOGY TO GENERAL DYNAMICS MISSION SYSTEMS CANADA

Nexoptic Technology Corp. has demonstrated its technology for General Dynamics Mission Systems -- Canada Small and Medium Enterprise/Business Initiative. Nexoptic was one of two SMEs selected to integrate its technology over the General Dynamics' Future Tactical Network -- a secure LTE network designed for use in emergency and defence operations.

Using its proof-of-concept prototype containing the original, and patented, Blade Optics lens design (see company press release from Feb. 21, 2017, for further details), Nexoptic demonstrated video feeds through the secure network from a field reconnaissance position displaying a target approximately 13 kilometres away. The initiative was held at the Calgary General Dynamics facility and led to multiple demonstrations for General Dynamics' clients. The demonstration utilized General Dynamics' Future Tactical Network, which allows for secure LTE and WiFi communication between vehicles, command centres and headquarters, as well as allowing non-secure traffic to be broadcasted without affecting the secure channels.

John Daugela, chief executive officer of Nexoptic, stated: "We are grateful for the opportunity General Dynamics provided our team in showing members of the defence industry potential use cases for our technology in a new sector. Utilizing General Dynamics' Future Tactical Network, we showed strong compatibility with our proof of concept and demonstrated its usefulness in acquiring targets at long range without the need for a deep lens stack. I believe our novel proof of concept prototype integrated very well with General Dynamics' Future Tactical Network by allowing for long-range image sharing across an innovative platform."

About Nexoptic Technology Corp.

Currently focused on engineering its first consumer product for the growing outdoor recreation market, as well as a demonstration prototype for the mobile device space, Nexoptic is aggressively pursuing a multipronged optical innovation strategy. Utilizing Blade Optics, the company's developing suite of innovative optical technologies, Nexoptic aims to increase aperture sizes within given depth constraints of various imaging applications.

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