Remark AI’s Platform Controls, Analyzes And Manages Video Feeds From Drone Fleets In The Military, Police And Package Delivery Spaces
Enters A Military Drone And Accessories Market Currently Estimated At More Than $15 Billion And Projected To Grow To More Than $33 Billion Over The Next Decade
LAS VEGAS, NV / ACCESSWIRE / November 26, 2024 / Remark Holdings, Inc. (OTCQX:MARK), a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions announces the release of its Drone Video Analytics (“DVA”) platform which allows customers to control, analyze and manage video feeds from drone fleets in real time using Remark AI’s proprietary computer vision technologies, with the ease of one comprehensive drone video management platform. The DVA platform expands upon Remark AI’s current capabilities of processing real-time video analytics from any legacy digital camera feed from multiple locations and form factors including mobile sentry units, fixed-pole cameras, and robotics on one dashboard.
The innovative technology inherent in Remark AI’s DVA platform has the potential to revolutionize real-time drone video analytics in various sectors, and in particular the military operations and law enforcement sectors. Kai-Shing Tao, CEO of Remark Holdings Inc., stated, “Given the accelerating development of drone use in warfare, our product enables drone video feeds to be analyzed by our computer-vision AI in real time. Our AI can provide real-time situational awareness and suggest courses of action that allow operators miles from the battlefield to make more-informed, mission-critical decisions.”
Remark AI’s DVA platform processes multiple drone video feeds in real time using its award-winning advanced computer vision models. The technology offers several key advantages:
Real-time situational awareness through drone video cameras, thermal cameras and LiDAR.
Enhanced accuracy in various environments including hostile environments and inclement weather and lighting conditions.
Powerful processing capabilities to support swarm drones.
Seamless integration with existing drone camera systems.
About Remark Holdings, Inc.
Remark Holdings, Inc. (OTCQX:MARK) is a leading AI-powered analytics platform that brings valuable insights to the video feeds provided by current cameras and computer vision solutions through its integrated suite of AI tools that provide real-time alerts for fire, smoke, and weapons detection and smart city CCTV video security solutions while hosting AI-powered agents through smart chat 311 Services, as well as helping organizations understand their customer behavior and demographics through smart retail and traffic analytics. Remark’s global team of sector-experienced professionals has created award-winning GDPR-compliant and CCPA-compliant video analytics solutions that service the aviation, government agencies, hospitality, public safety, retail, and transportation sectors. The company’s headquarters are in Las Vegas, Nevada, USA, with operational offices in New York and international offices in London, England. For more information, please visit our home page at http://www.remarkholdings.com.
Forward-Looking Statements
This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment, and regulations. Words such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, as well as statements in the future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings’ Annual Report on Form 10-K and Remark Holdings’ other filings with the SEC. Any forward-looking statements reflect Remark Holdings’ current views with respect to future events, are based on assumptions, and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Holdings’ estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.
Company Contact
Fay Tian
Vice President of Investor Relations
Remark Holdings, Inc.
[email protected]
(+1) 626-623-2000
SOURCE: Remark Holdings, Inc.
