05:57:06 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Sparc AI Inc
Symbol SPAI
Shares Issued 9,094,539
Close 2023-09-11 C$ 0.20
Market Cap C$ 1,818,908
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Sparc AI selects Coral for geospatial chip development

2023-09-20 09:06 ET - News Release

Mr. Anoosh Manzoori reports

SPARC AI SELECTS GOOGLE CORAL TO LAUNCH GEOSPATIAL CHIP FOR AUTONOMOUS DRONES

Sparc AI Inc. has selected Coral as the preferred platform for embedding its patented geospatial code.

Coral is a company owned by Google for developing AI (artificial intelligence) applications on microcontroller boards and processor chips.

Coral helps bring on-device AI application ideas from prototype to production. It offers a platform of hardware components and software tools to allow Sparc AI to integrate its code base and launch its own commercial chip for sale.

By leveraging Coral, Sparc AI can offer an industry-accepted microchip that can be integrated into any sensor or camera device. It can also be integrated into drones and robot devices.

The chip integration will make Sparc AI products covert and leverage edge computing with no connection to the cloud or Internet. It will deliver unprecedented geospatial capability that is highly scalable, fast and accurate.

The company plans to offer its customers a simple plug-and-play integration of Sparc AI. It could also launch its own branded drones by partnering with an OEM (original equipment manufacturing) drone manufacturer.

Sparc AI is working with a local software and embedded systems engineering firm to undertake the technical work.

We seek Safe Harbor.

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