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Stock impact report

Iveda Files Second Patent for Industry-First Liquid Storage Management Vent Cap

Iveda Solutions, Inc. (IVDA) 
NASDAQ:AMEX Investor Relations: iveda.com/investor-relations
Company Research Source: Business Wire
Iveda enhances LevelNOW––a customizable IoT sensor solution for remote monitoring and control––with new specialized vent cap MESA, Ariz.--(BUSINESS WIRE)--Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI, today announced a second patent for its recently launched liquid storage management solution, LevelNOW. This update features a specialized vent cap designed for standard 200-liter steel oil drums, providing a first-of-its-kind solution for industries that manage oil and gas. The vent cap valve uses a conductor sensor with an innovative magnetic end to keep the fluid level sensor taut and perpendicular to ensure accurate fluid measurement and to help prevent spills, leaks and evaporation. Leveraging advanced IoT sensors, LevelNOW offers real-time monitoring and control, signaling to a wireless gateway outside the drum to reduce costly losses and improve operational efficiency.Data Bridge Market Research analyzes that the global steel drums market will grow to USD 17.87 Show less Read more
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