TORONTO, Dec. 1, 2022 /CNW/ - RDARS Inc. ("RDARS" or the "Company") (CSE: RDRS) (OTCQB: RDRSF), an autonomous robotics and drone technology company developing advanced systems for alarm system augmentation and surveillance, is pleased to announce that it has finalized development and testing of its unique and patent pending Eagle Watch Mesh Mod V1.0.
This advancement enables remote Eagle Nest stations and Eagle Eye drones to communicate with each other locally and offer a remote Command and Control Centre option for enhanced operations. In deployments where the property footprint is large enough to require more than one Eagle Nest station and Eagle Eye Drone pairing, in order to provide more complete security coverage the Eagle Nests stations and Eagle Eye drones will have the option of communicating directly with each other via intelligent co-ordination. This will help to provide the utmost security surveillance, reporting, and intervention possible. The new functionality of the Mesh Mod Eagle Watch provides the operator the option to have the Eagle Watch Platform automatically decide which Eagle Eye Drone or Eagle Nest Station responds in a given situation, and arranges the timing of take-offs and landings for a more continuous coverage.
Additionally, each Eagle Nest station acts as an uplink for any other Eagle Nest drone in its vicinity, offering redundancy for enhanced command and controlled reliability. Jason Braverman, CTO adds, "What makes this so amazing, is that beyond the intelligence now programmed into the Eagle Eye drones and Eagle Nest stations, in many ways this solution becomes self healing. For example, if one Nest is connected to SpaceX's Starlink, and the other Nests nearby lose communication uplinks for any reason, they can send their data via the Starlink connected Nest."
The uniqueness about Eagle Watch's software platform, is that it is completely developed in-house by RDARS, a tailored rarity not found in other packages available on the market today. Eagle Watch represents all the concepts and features, which the industry has learned over the last decade and adds new technologies not found anywhere else in the UAS (Unmanned Aerial Systems). From UAS to UGV (Unmanned Ground Vehicles), Eagle Watch has a critical mission for a fault tolerant platform, ready for global deployment.
RDARS believes that the future stems from the beyond line-of-sight of the UAS systems that requires the necessary tools to integrate these systems safely into the National Airspace.
Charles Zwebner, CEO denotes, "having a localized deployed network on a property with multiple Autonomous-Drones-in-Boxes "swarm" of Eagle Nest Stations and Eagle Eye Drones communicating and coordinating intelligent security monitoring and protocols to the Eagle Watch platform is a dream of the future, and we have achieved it today. This is an innovative design, technological breakthrough, and milestone for the company and we are looking to deploy this as soon as possible in the field." "We are anticipating 2023 to be a banner year for RDARS" added Charles.
RDARS possesses a disruptive technology that is advancing the security industry's approach to protecting commercial, industrial, and residential properties, by introducing protection with autonomous artificial intelligence systems that allows for real time response, situation awareness, verification, intervention, evidence recording, data capture, analysis, and immediate downstream transmissions to public safety agencies. RDARS has the ability, upon a property security breach, in real time to receive, analyze, and downstream the data and inform public safety agencies who the perpetrators potentially are before they even arrive at the property.
Founded in 2019, RDARS is an originator in its innovative equipment manufacturer of its flagship product, the Eagle Watch Platform comprising of Eagle Eye, a drone, Eagle Nest, a drone station, Eagle Rover, an indoor robotic system, and Eagle Watch Command & Control Software. The Company's autonomous robotic systems provide situational awareness in a cost effective and reliable manner. The Company's mission is to improve alarm response and situational awareness by obtaining required approvals from federal regulatory agencies for BVLOS operations. RDARS is currently developing its technology for private and enterprise customers in the United States and Canada, where these customers require a more reliable and advanced understanding of their property security. For more information about RDARS, please visit its website at www.rdars.com and its profile page on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor its Market Regulator (as such term is defined in the CSE policies) has reviewed or accept responsibility for the adequacy or accuracy of this news release
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the Company's business objectives and milestones and the anticipated timing of, and costs in connection with, the execution or achievement of such objectives and milestones; the Company's future growth prospects; the development of the Company's business and future activities following the date hereof; expectations relating to market size and anticipated growth in the jurisdictions within which the Company may from time to time operate or contemplate future operations; expectations with respect to economic, business, regulatory and/or competitive factors related to the Company or the autonomous drone and robotic industry and security industry generally; the impact of the COVID-19 pandemic on the Company's current and future operations; the market for the Company's current and proposed product offerings, as well as the Company's ability to capture market share; the Company's strategic investments and capital expenditures, and related benefits; the distribution methods expected to be used by the Company to deliver its product offerings; the competitive landscape within which the Company operates and the Company's market share and reach; the performance of the Company's business and the operations and activities of the Company; the Company's ability to obtain, maintain, and renew or extend, applicable authorizations, including the timing and impact of the receipt thereof; the Company's technology making an impact on the autonomous drone and robotic industry and security industry; the Company's products providing its consumers with the benefits as described herein; the Company continues its research and development in its products; the Eagle Watch Mesh Mod allows the Eagle Nest stations and Eagle Eye drones to communicate with each other to help provide the utmost security surveillance, reporting, and intervention possible ; the Company's anticipation for the deployment of its products under the timelines stated; the Company's anticipation that 2023 will be a ground breaking year for the Company; and the Company forging ahead and the Company's technology team leading the way with breakthrough technology.
Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company's financial condition and development plans do not change as a result of unforeseen events; there will continue to be a demand, and market opportunity for the Company's product offerings; current and future economic conditions will neither affect the business and operations of the Company nor the Company's ability to capitalize on anticipated business opportunities; current and future members of management will abide by the Company's business objectives and strategies from time to time as established by the Company; the Company will retain and supplement its board of directors and management, or otherwise engage consultants and advisors having knowledge of the industries (or segments thereof) within which the Company may from time to time participate; the Company will have sufficient working capital and the ability to obtain the financing required in order to develop and continue its business and operations; the Company will continue to attract, develop, motivate and retain highly qualified and skilled consultants and/or employees, as the case may be; no adverse changes will be made to the regulatory framework governing beyond visual line of sight operations, taxes and all other applicable matters in the jurisdictions in which the Company conducts business and any other jurisdiction in which the Company may conduct business in the future; the Company will be able to generate cash flow from operations, including, where applicable, distribution and sale of its products; the Company will be able to execute on its business strategy as anticipated; the Company will be able to meet the requirements necessary to obtain and/or maintain authorizations required to conduct the business; the Company's continuing ability to meet the requirements necessary to remain listed on the CSE; general economic, financial, market, regulatory, and political conditions, including the impact of the COVID-19 pandemic, will not negatively affect the Company or its business; the Company will be able to successfully compete in the autonomous drone and robotic industry and security industry; prices offered by competitors will not decline materially; the Company will be able to effectively manage anticipated and unanticipated costs; the Company will be able to conduct its operations in a safe, efficient and effective manner; general market conditions will be favourable with respect to the Company's future plans and goals; the Company's technology will make an impact on the autonomous drone and robotic industry and security industry; the Company's products providing its consumers with its benefits as described herein; the Company will continue its research and development in its products; the Eagle Watch Mesh Mod will allow the Eagle Nest stations and Eagle Eye drones to communicate with each other to help provide the utmost security surveillance, reporting, and intervention possible; the Company will deploy its products under the timelines stated; 2023 will be a banner year for the Company; and the Company will forge ahead and the Company's technology team will lead the way with breakthrough technology.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the risks associated with the autonomous drone and robotic industry and security industry in general; the inability of the Company to obtain requisite approvals; the Company's inability to attract and retain qualified members of management to grow the Company's business and its operations; unanticipated changes in economic and market conditions (including changes resulting from the COVID-19 pandemic) or in applicable laws; the Company's inability to secure or maintain required authorizations necessary to conduct the business and operations and meet its targets; the Company's inability to effectively manage unanticipated costs and expenses, including costs and expenses; the risk's associated with the Company's in meeting its business objectives and milestones and the anticipated timing of, and costs in connection with, the execution or achievement of such objectives and milestones; the inability of the Company's to identify and secure future growth prospects; the Company's inability to develop its business and future activities following the date hereof; the Company's inability to meet or exceed expectations relating to market size and anticipated growth in the jurisdictions within which the Company may from time to time operate or contemplate future operations; the Company's inability to meet the requirements necessary to remain listed on the CSE; the Company's inability to meet or exceed expectations with respect to economic, business, regulatory and/or competitive factors related to the Company or the autonomous drone and robotic industry and security industry generally; the Company's inability to mitigate the impact of the COVID-19 pandemic on the Company's current and future operations; the risks associated with the market for the Company's current and proposed product offerings, as well as the Company's inability to capture market share; the risks associated with the Company's strategic investments and capital expenditures, and related benefits; the risks associated with the distribution methods expected to be used by the Company to deliver its product offerings; the risks associated with the competitive landscape within which the Company operates and the Company's market share and reach following the date hereof; the lack of performance of the Company's business and the operations and activities of the Company following the date hereof; the Company's inability to obtain, maintain, and renew or extend, applicable authorizations, including the timing and impact of the receipt thereof; the Company's technology making an impact on the autonomous drone and robotic industry and security industry; the inability of the Company's products to provide its consumers with its benefits as described herein; the Company inability to continue its research and development in its products; the Eagle Watch Mesh Mod's will not allow the Eagle Nest stations and Eagle Eye drones to communicate with each other to help provide the utmost security surveillance, reporting, and intervention possible; the Company will not deploy its products under the timelines stated; 2023 will not be a blitz year the Company; and the Company not forging ahead and the Company's technology team not leading the way with breakthrough technology.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
SOURCE RDARS INC.
Charles Zwebner, Chief Executive Officer, 786-564-5602, [email protected]
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