November 4, 2024 – TheNewswire - Toronto, Canada – SPARC AI INC.  (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) (“SPAI” or the “Company”) is pleased to report that it has launched an innovative solution for recording multiple points of interest using its Target Acquisition System.

SPARC AI has seamlessly integrated Google Maps for its Target Acquisition System. This feature enables users to view the target’s location on a map and explore its surroundings in greater detail, including street view. This situation awareness solution provides significant value for both commercial applications and first responders.

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SPARC AI determines the location of distant objects and places a real-time marker on a map. Our solution operates exclusively using proprietary algorithms without relying on lidar, radar, image recognition, or lasers. It can also function effectively in GPS-denied environments and is compatible with Google’s offline maps.

The latest update to SPARC AI’s solution allows operators to record multiple observations and display them on a map and directly on the drone's controller, assisting in managing complex missions and monitoring several targets simultaneously. The solution also works on coastal waters.

The integration of online and offline maps highlights the extensive potential to incorporate various applications and data sets into SPARC AI’s Target Acquisition System, enabling solutions for a wide variety of use cases.

SPARC AI is enhancing the platform to deliver maximum flexibility and creating greater product depth. A short video of the Google Maps integration can be seen here:

https://www.sparcai.co/sparc-ai-google-maps

   

About SPARC AI

SPARC AI designs and develops high tech solutions for GPS denied environments that enhance perception and awareness. The Company has developed an innovative Target Acquisition System and Autonomous Flight solution for drones without requiring GPS, satellite, lidar, radar, image recognition or any other complex hardware or software solution.

   

For more information contact:

 

Website: https://www.sparcai.co

 

Anoosh Manzoori, CEO SPARC AI INC. Email: anoosh@sparcai.net Phone: +61.3.9666338

   

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FORWARD LOOKING INFORMATION

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information.

 

The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

 

Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors, assumptions and exclusions is not exhaustive.

 

The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Canadian Securities Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.