Iveda’s VumastAR AI Software Will Recognize Oil Spills for Safety Applications with Major Oil Companies in Australia and the US
Iveda Solutions, Inc. (IVDA)
NASDAQ:AMEX Investor Relations:
iveda.com/investor-relations
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Source: Business Wire
MESA, Ariz.--(BUSINESS WIRE)--Iveda (NASDAQ: IVDA), the global leader in cloud-based AI, today announces the commencement of applying its AI vision software, vumastAR, to recognize and respond to oil spills. VumastAR (pronounced “view master”) is an innovative, AI vision software designed to make day-to-day tasks easier than ever before. Iveda’s next-generation, customizable AI system is compatible with a wide range of smart devices––from existing IP cameras, AR glasses, and Android devices—providing instant insights across nearly any process or scenario. Iveda is currently developing this technology for upcoming proof-of-concept projects with major oil companies in Australia and the United States, addressing the growing need for advanced safety solutions in the oil and gas industry.Currently, staff across the oil industry are required to drive around in shifts to manually check for oil spills, a process that is both time-consuming and costly. vumastAR’s AI-driven detection and au
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News
- Iveda Solutions Third Quarter 2024 Earnings: US$0.26 loss per share (vs US$0.41 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Iveda Unveils the Magic of IvedaAI™: An Industry First in Human-Like, Compute-Efficient AI Video AnalyticsBusiness Wire
- Interstate Land Management Corporation and Philadelphia Parking Authority Greenlights Trial of IvedaAI™ & ClearView Asset ProtectionBusiness Wire
- Iveda Expands Its Presence in Egypt, Signing New Strategic Partnership including Technology Transfer for Local Manufacturing of its VEMO Body CamBusiness Wire
- Iveda Unveils New VEMO Body Cam, the First Wearable Body Camera Solution to Integrate With Real-Time AI Video AnalyticsBusiness Wire
IVDA
Sec Filings
- 11/19/24 - Form 424B3
- 11/19/24 - Form 424B3
- 11/14/24 - Form 10-Q
- IVDA's page on the SEC website