05:13:19 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Sparc AI Inc
Symbol SPAI
Shares Issued 12,484,316
Close 2024-04-26 C$ 0.36
Market Cap C$ 4,494,354
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Sparc AI completes elevation test

2024-04-29 13:02 ET - News Release

Mr. Anoosh Manzoori reports

SPARC AI COMPLETES FIRST ELEVATION TEST AT 60M ABOVE SEA LEVEL

Sparc AI Inc. has successfully tested the SPARC AI at an elevation of 60m (196 feet) above sea level using the SPARC AI enabled mobile application.

The test recorded the geo-location and distance to two points of interest with a high degree of accuracy for both geo location data and distance. The data was accurately verified using Google Maps and Google Earth.

The test was conducted using a SPARC AI enabled mobile phone with no additional assistance from sensors, hardware, software or technical equipment at any location.

This test provides us with further validation and confidence as we move closer to testing SPARC AI on a drone. The test conducted at 60m (196 feet) is an important milestone for the Company as it is half the maximum permitted height allowed for drones. Regulations in Australia, Canada and United States permit drones to fly at a maximum of 400 feet or 120m.

"We have just released the latest version and update to the SPARC AI software. I am very pleased to see SPARC AI perform so well at elevation using a mobile application. Our technology is producing accurate and powerful results. I am excited to see how far we can take this technology with further tests currently underway", said Anoosh Manzoori, CEO.

A recording of the test can be found here: https://www.youtube.com/watch?v=AsZmfADDdCk

About SPARC AI

SPARC AI has developed and patented the S patial P redictive A pproximation and R adial C onvolution. This includes proprietary algorithms that uses proven mathematics to calculate the location of distant objects without using Satellite, GPS or the Internet. SPARC AI is developing a range of geospatial products using its core IP and is also integrating these into a microchip to allow customers to activate SPARC AI on any of their camera device, including drones.

We seek Safe Harbor.

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