03:05:15 EDT Wed 08 May 2024
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Aether Global Innovations Corp
Symbol AETH
Shares Issued 92,997,461
Close 2023-08-15 C$ 0.055
Market Cap C$ 5,114,860
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Aether Global signs MOU for partnership with Senseta

2023-08-16 11:06 ET - News Release

Mr. Phil Lancaster reports

AETHER GLOBAL INNOVATIONS CORP. SIGNS STRATEGIC PARTNERSHIP MOU WITH SENSETA, A DEEP TECH, AI AND BIG DATA-DRIVEN CYBERSECURITY & INTELLIGENT DRONE SERVICES COMPANY

Aether Global Innovations Corp. has signed a memorandum of understanding (MOU) for a strategic partnership with Grupo Senseta Inc. (Senseta), a deep tech, artificial intelligence and big data-driven cybersecurity and intelligent drone services company. The strategic partnership MOU is non-binding until finalized and will focus initially on collaborative product development focused on critical infrastructure and security applications for monitoring, surveillance and data collection of government facilities, critical infrastructure and pipelines, electrical grids, and waterways.

Aether Global believes this strategic partnership with Senseta will bring great value in furthering the company's overall three-part business strategy for supporting critical infrastructures and large-scale facilities, which includes: (i) drone design and development; (ii) automation and integration; and (iii) drone base station infrastructure and technology.

"We are excited with our discussions with Senseta around this strategic partnership for integrating their drone monitoring, surveillance and data capture technologies which fall nicely within our three-pronged business strategy," shared Phil Lancaster, chief executive officer and president of Aether Global Innovations. "Senseta has deep expertise in developing solutions that incorporate artificial intelligence (AI) and other technologies for large facilities and critical infrastructure operations, including power stations, oil refineries and water treatment facilities, as well as these facilities' diverse networks of pipelines, waterways and energy grids. Coupled with our other partnerships in drone and UAV management and monitoring services, Senseta and its AI and big data drone solutions will definitely expand both companies' opportunities in the marketplace."

"Our team is very pleased about this opportunity to work with Aether Global on this strategic partnership," shared Dr. Khalid Mohamed al-Ali, co-founder and executive chairman of Senseta. "This partnership helps us further Senseta's mission to revolutionize the way information is captured and analyzed and closes the gap between theories and ideas about reality and actionable knowledge through drone management and monitoring efforts."

Senseta and Aether Global have begun working on the final details of the strategic partnership. Both companies will update the marketplace, clients, partners and shareholders as market-impacting achievements are delivered.

In other news, Aether Global announced that is has begun a digital and marketing awareness campaign which includes press initiatives, advertising and social media with Investing News Network (INN). These marketing and awareness programs include engagements with arm's-length parties for an aggregate gross expenditure of $72,000 over a 12-month period.

About Aether Global Innovations Corp.

Aether Global Innovations is an innovative unmanned aerial vehicle drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include: (i) drone management and surveillance monitoring; (ii) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source; and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging and takeoff.

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