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The latest update is out from EYEFI Group Technologies Inc ( (TSE:SPAI) ).
SPARC AI Inc. announced the successful completion of a test at Princes Pier in Melbourne, showcasing their system’s capability to record geolocation data of various objects both on land and water. This development marks a significant step in their business operations as they engage with defense companies and military entities, indicating potential strategic partnerships and market expansion.
More about EYEFI Group Technologies Inc
SPARC AI is a company specializing in the development of a Target Acquisition System that can calculate geolocation coordinates for distant objects without relying on radar, lidar, GPS, sensors, satellites, or the Internet.
YTD Price Performance: -5.77%
Average Trading Volume: 12,545
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.54M
See more insights into SPAI stock on TipRanks’ Stock Analysis page.