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Nanoveu Ltd. ( (AU:NVU) ) has issued an announcement.
Nanoveu Limited announced significant advancements in drone energy efficiency with its ECS-DoT AI chip, achieving up to 85% improvement in flight endurance across various drone types. This breakthrough allows extended flight times without altering existing hardware, positioning Nanoveu to engage with global drone manufacturers and potentially redefine efficiency standards in the UAV industry.
More about Nanoveu Ltd.
Nanoveu Limited, through its subsidiary Embedded A.I. Systems Pte Ltd, operates in the technology sector focusing on advanced AI solutions. The company is involved in developing innovative products like the ECS-DoT ultra-low-power AI chip, targeting the UAV market projected to grow significantly by 2030.
Average Trading Volume: 10,467,574
Technical Sentiment Signal: Buy
Current Market Cap: A$93.43M
For detailed information about NVU stock, go to TipRanks’ Stock Analysis page.