Draganfly Inc. (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8) (“Draganfly” or the “Firm”), an award-winning, industry-leading producer inside the business Unmanned Aerial Automobile (“UAV”), Remotely Piloted Plane Techniques (“RPAS”), and unmanned automobile sector, right now introduced they’ve been chosen by Windfall Geotek (TSX-V: WIN) and have entered right into a letter of intent with Windfall Geotek (the “LOI”), to assist develop an Synthetic Intelligence (“AI”) pushed unmanned aerial methods (“UAS”) answer for landmine detection within the protection, humanitarian, and different sectors which the businesses have experience in.
Windfall Geotek has been an information providers firm and a pacesetter in using AI and superior knowledge-extraction strategies since 2005. The phrases of the LOI embrace Windfall Geotek contracting Draganfly to conduct analysis, growth and engineering help of hardware that may interface with Windfall’s AI software program.
The aim of the LOI is to additional commercialize Windfall Geotek’s AI pushed answer for the detection and elimination of Land Mines, Unexploded Ordinance, and Improvised Explosive gadgets by way of using UAS. Governments and Non-profits allotted practically US$700 million in mixed worldwide and nationwide help for mine motion in 2018 and the financial impression of landmines is estimated at $100 billion1. The closing of the transaction is topic to the events attaining sure milestones previous to closing.
“We’re extraordinarily excited to be working with Draganfly to assist improve our core product providing. AI and machine studying collectively can remodel how mining exploration is finished. If you add to it Draganfly’s engineering experience, their industry-leading merchandise and know-how we really feel the probabilities in mining, oil and fuel and army purposes are infinite,” stated Dinesh Kandanchatha, Chairman of Windfall Geotek.
“Windfall Geotek has been in enterprise for over 15 years and their management has a confirmed observe file. We’re excited to be working with their workforce on a commercialization technique that makes use of Draganfly drones, know-how and experience.” stated Cameron Chell, CEO of Draganfly.
About Windfall Geotek
Windfall Geotek (TSX-V: WIN) is the chief in using Synthetic Intelligence (AI) and superior knowledge-extraction strategies since 2005 within the mining sector. Windfall Geotek can rely on a multidisciplinary workforce that features professionals in geophysics, geology, Synthetic Intelligence (AI), and arithmetic. The Firm’s goal is to develop a brand new royalty stream by considerably enhancing and taking part within the exploration success price of mining.
Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of high quality, cutting-edge, UVS and software program that revolutionizes the way in which individuals do enterprise. Acknowledged as being on the forefront of know-how for over 21 years, Draganfly is an award-winning, industry-leading producer inside the business UAV and UVS house, serving the general public security, agriculture, industrial inspections and mapping and surveying markets. Draganfly is an organization pushed by ardour, ingenuity and the necessity to present environment friendly options and first-class providers to its prospects all over the world with the purpose of saving time, cash and lives.
For extra data on Draganfly, please go to us at www.draganfly.com