05:25:54 EDT Sat 18 May 2024
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Sparc AI Inc
Symbol SPAI
Shares Issued 12,484,316
Close 2024-05-01 C$ 0.21
Market Cap C$ 2,621,706
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Sparc AI completes geospatial tests without camera

2024-05-01 16:25 ET - News Release

Mr. Anoosh Manzoori reports

SPARC AI COMPLETES GEOSPATIAL TESTS WITHOUT A CAMERA

Sparc AI Inc. has successfully tested the Sparc AI application without the use of a camera.

The tests were successful with Sparc AI application working and recording the geo location co-ordinates and distance to objects.

Using the XYZ tilt of the device, Sparc AI algorithms can determine the location of any object in the field. The algorithms can work on any device or sensor and does not require a camera.

Integrating Sparc AI onto an AI microchip will allow the company to enable any device with powerful geospatial capabilities. Devices can become geospatial aware without a camera and without the need to constantly connect to GPS, satellite or the Internet.

"If you want to know the location of a distant object away from you, GPS is not going to tell you the geo location of the object. GPS can only record the geo location of where you are standing. The latest test and discovery will be transformative for Sparc AI. The launch of our microchip and APIs will allow our customers to deploy AI-enabled geospatial solutions, on any device, to solve a broad range of use cases including those in defence," said chief executive officer Anoosh Manzoori.

As Sparc continues to make progress on the microchip integration of Sparc AI algorithms, it will perform further testing using the mobile application.

About Sparc AI Inc.

Sparc AI has developed and patented the spatial predictive approximation and radial convolution. This includes proprietary algorithms that use 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 intellectual property and is also integrating these into a microchip to allow customers to activate Sparc AI on any of their camera device, including drones.

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