Source: TheNewswire

Press Release: Parrot Drones : SPARC AI Transforms Drones with GPS-Free Geolocation Technology

March 18, 2025 - TheNewswire - Toronto, Canada - SPARC AI INC. (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) ("SPAI" or the "Company") is pleased to announce it has been featured on Parrot's Solution Partner website; https://www.parrot.com/us/visual-detection-trackingSPARC AI is a cutting-edge technology that seamlessly integrates with Parrot's drone controller, enabling precise target acquisition and geolocation tracking without relying on Lidar, Laser, Image Recognition, or GPS. This innovative capability allows drones to function effectively in environments where conventional navigation and targeting systems are unreliable or unavailable, including GPS-denied zones.In addition to target acquisition, SPARC AI features an autonomous flight module that enhances drone operations by enabling fully independent navigation. This module allows drones to fly to a designated target and return to their point of origin without requiring GPS, making it ideal for missions in remote or signal-jammed environments. The versatility of SPARC AI opens numerous applications across various industries. In the defense and security sector, it can be used for Intelligence, Surveillance, and Reconnaissance (ISR) operations, providing real-time data in high-risk areas. Law enforcement agencies can leverage the technology for tactical operations, recording locations of suspects, and crowd monitoring. Additionally, SPARC AI is valuable for search and rescue missions, enabling drones to locate missing persons in challenging terrains such as forests, mountains, or disaster-stricken areas where conventional navigation tools may fail.By eliminating dependency on traditional navigation systems and enhancing autonomous flight capabilities, SPARC AI represents a significant breakthrough in drone technology, paving the way for more efficient, reliable, and versatile unmanned aerial operations.The Company is also pleased to announce that its management will be attending the Avalon Australian International Airshow, from 25-30 March 2025. The event is expected to receive over 250,000 visitors including delegates from defence from Australia, United States and Europe. About SPARC AISPARC AI has developed a new Target Acquisition System that calculates geolocation coordinates (latitude and longitude) of any distance object without using radar, lidar, image recognition, GPS, sensors, satellites, or the Internet. For more information contact:Website: https://www.sparcai.co Anoosh Manzoori, CEOSPARC AI INC. Email: anoosh@sparcai.netPhone: +61.3.9666338 THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE. NO SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN. FORWARD LOOKING INFORMATIONThis 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. Copyright (c) 2025 TheNewswire - All rights reserved.

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Annual Revenue
$25-100M
Employees
500-1.0K
Henri Seydoux's photo - Chairman & CEO of Parrot Drones

Chairman & CEO

Henri Seydoux

CEO Approval Rating

69/100

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