22:04:57 EDT Thu 09 May 2024
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Rdars Inc (2)
Symbol RDRS
Shares Issued 17,721,287
Close 2023-06-09 C$ 0.15
Market Cap C$ 2,658,193
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Rdars enters Eagle Watch sales deal with LTC Power

2023-06-12 11:18 ET - News Release

Mr. Charles Zwebner reports

RDARS PROUDLY ANNOUNCES IT HAS COMMENCED COMMERCIALIZATION OF ITS DRONE EAGLE WATCH PLATFORMS, WITH THE FIRST GROUNDBREAKING SALE IN THE USA, TO LTC POWER SOLUTIONS LLC AND AFFILIATES IN MIAMI, FLORIDA

Rdars Inc. has entered into a sales agreement to supply LTC Power Solutions LLC, a national energy management and services rental company, four Eagle Watch systems. The agreement will provide LTC with deployments of the Eagle Watch platform at its distribution and equipment storage centres across the southeastern portion of the United States.

LTC is a leading services company, supplying emergency power services and support for critical infrastructure. "Rdars is extremely excited to provide its Eagle Nest and Eagle Eye systems in order to provide reliable on-alarm and on-demand situational awareness of critical locations; working with LTC and providing Eagle Watch will greatly improve situational awareness and response for time-sensitive applications," said Jason Braverman, Rdars chief technology officer.

Rdars will be deploying the drone system with complete integration into the Rdars command and control centre using the company's Eagle Watch software platform both at Rdars and LTC's headquarters as well as providing training for LTC operations personnel. Additionally, LTC selected Rdars because Eagle Watch also provides a completely off-grid solution and will be supplying this solution where needed, ensuring complete and safe operations using its off-grid power technology and SpaceX Starlink data connectivity. This is the most advanced drone-in-a-box solution for completely autonomous drone operations, while also leading the way to comply with Federal Aviation Administration regulations in a way that no other company has done before.

The Eagle Watch technology allows for operations to be conducted in a very confined airspace, on private property, at low altitude and with strict limitations regarding the company's Eagle Eye drone's flight patterns so that operators can conduct their operations in a manner that minimizes disruptions to the surveillance area. "Our collaboration with LTC validates our current operating procedures and helps us shape future standards for safe operations and I look forward to the fruits of our collaboration with LTC as a customer and technology partner. I strongly believe that our efforts will go a long way towards scaling up commercial drone operations," said Charles Zwebner, Rdars chief executive officer.

"We have always had an interest in aerial drones both for our own property security purposes, plus as an add-on to our rental products to our client base for their drone needs, but have not found to date a state-of-the-art drone end-to-end solution that fits the bill, at an affordable price, easy to operate, and doesn't require an expensive learning curve or special team of operators. The Rdars solution allows us to get all of those benefits and a flying camera where we need it, when we need it and the automated alarm response when needed as well. We look forward to the deployment and integration of these Rdars systems on our own premises and becoming a channel partner for Rdars," said Steve Bogomilski, LTC Power Solutions CEO.

About Rdars Inc.

Rdars possesses a disruptive technology that is advancing the security industry's approach to protecting commercial, industrial and residential properties, by introducing protection with autonomous artificial intelligence systems that allow for real-time response, situation awareness, verification, intervention, evidence recording, data capture, analysis and immediate downstream transmissions to public safety agencies. Rdars has the ability, upon a property security breach, in real time, to receive, analyze and downstream the data and inform public safety agencies who the perpetrators potentially are before they even arrive at the property.

Founded in 2019, Rdars is an originator in its innovative equipment manufacturer of its flagship product, the Eagle Watch platform comprising Eagle Eye, a drone, Eagle Nest, a drone station, Eagle Rover, an indoor robotic system, and Eagle Watch command and control software. The company's autonomous robotic systems provide situational awareness in a cost-effective and reliable manner. The company's mission is to improve alarm response and situational awareness by obtaining required approvals from federal regulatory agencies for BVLOS (beyond visual line-of-sight) operations. Rdars is currently developing its technology for private and enterprise customers in the United States and Canada, where these customers require a more reliable and advanced understanding of their property security.

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