The #AIEye: IBM (NYSE: $IBM) Extends Partnership with VMWare (NYSE: $VMW), Avnet (Nasdaq: $AVT) Enables IoT Leveraging with Azure-Powered Edge Module
Global #AI in Transportation Market to Reach $12.84 Billion by 2026
Point Roberts WA, Vancouver BC – November 5, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence(AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence.
IBM (NYSE:IBM) has extended its partnership with VMWare, Inc. (NYSE:VMW) to accelerate hybrid cloud innovation and adoption across global enterprises. Ajay Patel, senior vice president and general manager, Cloud Provider Software business unit, VMware, commented:
"We have helped thousands of large global enterprise customers migrate tens of thousands of mission-critical workloads to the cloud and operate them at scale. Once in the IBM Cloud, these customers can transform applications in ways not possible by simply running them on-prem, taking advantage of a rich set of cloud-native services for application development, AI/ML, machine learning and IoT."
Avnet, Inc. (NasdaqGS:AVT) is enabling enterprise customers to leverage IoT capabilities with its new wireless edge module, Avnet Guardian 100, powered Azure Sphere from Microsoft (NasdaqGS:MSFT). According to the press release, “Avnet Guardian 100 can be deployed in scenarios where existing connectivity falls short of enterprise-level security requirements” and allows businesses to “gain critical insights with real-time analytics and AI”.
Chinese electric vehicle company NIO Inc. (NYSE:NIO) has announced a strategic collaboration with Mobileye, a developer of vision technology for Advanced Driver Assistance Systems (ADAS) and autonomous driving and part of Intel Corporation (NasdaqGS:INTC). The collaboration will see NIO engineer and manufacture a self-driving system designed by Mobileye. William Li, founder, chairman and chief executive officer of NIO, commented:
“At NIO, we pride ourselves on our pursuit of innovation and cutting-edge technology, which not only strengthens our product competitiveness but also shapes a joyful lifestyle for our users. We look forward to building our strategic collaboration with Mobileye in autonomous driving technology development, to further enhance the safety and capabilities of our vehicles, as we strive to be the next-generation car company and the best user enterprise.”
Global AI in Transportation Market to Reach $12.84 Billion by 2026
A report from Maximize Market Research finds that the global AI in Transportation market will grow from $2.57 billion in 2017 to $12.84 billion by 2026 with a compound annual growth rate (CAGR) of 22.28 percent in the forecast period. An excerpt from the report summary reads:
Major driving factors of the Artificial Intelligence (AI) in Transportation Market are the transportation problems are the rising system behaviour with difficult to model according to a predictable pattern, affecting by things like traffic, human errors, or accidents.
In such cases, the unpredictability can be aided by AI. Safety when traveling by transport in urban areas is improved by tracking crime data in real time. The road freight transport system is utilizing accurate prediction methods to forecast their volume using AI methods. several decision-making tools for transport are designed and run by AI. Costs of labour in this sector will continually decrease with increased use of AI, providing higher profits for industry players. Funding and Budgeting will act as a restraint to the market.
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Point Roberts WA, Delta BC, November 5, 2019 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO's and leading experts.
Uranium Energy Corp. (NYSE American:UEC) has discovered additional mineralization in Production Area 1 of its Burke Hollow in-situ recovery uranium project. Required monitoring wells were installed in the production area as well at the conclusion of the drilling campaign. Andrew Kurrus, the Company's VP of Resource Development, said:
"We are pleased with our recently completed 2019 drilling and monitor well installation campaign at Burke Hollow. Exploration and delineation drilling have resulted in the discovery of additional mineralization that will create a larger PAA-1 production zone. With each drilling campaign, the project continues to exhibit positive results."
Tanzanian Gold Corporation (NYSE American:TRX) has issued a simplified guide to the progress made by its Buckreef Project since acquisition. To date, the Buckreef Project has:
●Drilled over 10,000m using at times three drill machines operating 24 hours per day,
●Developed a geology-resource model of the entire Buckreef Mineralized Zone using technologically advanced data-mine software that will be used for future resource and reserve estimates,
●Initiated a comprehensive metallurgical review and test data based on a plant that is two times larger than the plant in the Pre-Feasibility Study, and
●Initiated a rock stress test program to determine the possibility of mining underground below the pit bottom.
TerraX Minerals Inc. (TSXV:TXR) has announced a first mineral resource estimate on its 100 percent-owned Yellowknife City Gold Project, located 12 kilometers from the city of Yellowknife and 7 kilometers from the former Giant Mine. According to the press release, the Inferred resource estimate of 735,000 ounces consists of:
●A pit constrained Inferred resource of 11.6 million tonnes averaging 1.4 g/t for 523,000 ounces of contained gold
●An underground Inferred resource of 1.2 million tonnes averaging 5.7 g/t for 212,000 ounces of contained gold
United States Antimony Corporation (NYSE American:UAMY) has plans to provide rail delivery of bulk Bear River Zeolite (BRZ) zeolite to reduce transportation, packaging, and labor costs by up to $100.00 per ton. Company CEO John Lawrence explained:
"The recent worldwide concerns over climate change and environmental remediation pose an excellent target for increasing sales and profitability of BRZ. Installing equipment to provide rail delivery will allow BRZ to provide one of the highest quality zeolites in large quantities at the lowest price."
Orefinders Resources Inc. (TSXV:ORX) has completed its exploration program on the Knight Project in Shining Tree. Data gleaned from the program “confirms the presence of gold and arsenic in bedrock anomalies coincident with Minto -type magnetic features and a total of ten (10) new targets have been outlined between the Minto breccia and the western shore of Porphyry Lake over a strike length of approximately 2.3 km”. Orefinders CEO Stephen Stewart said:
"We were encouraged with the recent geophysical data processing from our Knight project which identified additional magnetic features like that of the Minto . We were further encouraged when our on-site program discovered coincidental outcropping near these anomalies, which we've since sampled and returned geochemical gold-arsenic anomalies that are consistent with wallrocks surrounding Minto . The idea is that if we can discover one or more of these very high-grade breccia pipes, it would transform the dynamics of our Knight project.”
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Flying High with #Drone Stocks - from Commercial to #Military Markets (CSE: $DFLY.C) (TSXV: $FLT.V) (OTC: $TAKOF),(NASDAQ: $FLIR),(NASDAQ: $AMZN)
Point Roberts WA, Delta BC – November 5, 2019 - Investorideas.com, a leading investor news resource covering drone and unmanned aerial vehicle (UAV) stocks releases a sector snapshot reporting on the growth in the drone technology market from commercial to military and how UAV leaders like Draganfly Inc., (CSE: DFLY) are flying high with the drone revolution.
How big is the opportunity? According to PwC's study on the commercial applications of drone technology, the emerging global market for business services using drones is valued at over $127 bn. Experts are predicting a sky full of drones for delivery services in the future as Amazon, CVS and other pharmacies ramp up their programs.
Drone stocks are being watched by astute investors, and IBD recently issued an analysis of the top drone stocks across the industry from defense to commercial, based on IBD Composite Ratings. According to the October article, “Drone stocks saw a major milestone recently. In early October, UPS (NYSE: UPS) received FAA approval to operate drones and made a delivery that marked the first revenue-generating flight that went beyond line of sight.”
New to investors following the space is Saskatoon based Draganfly Inc. (CSE: DFLY), a creator of quality, cutting-edge, unmanned vehicle systems and software. Draganfly is making its debut in public markets and commenced trading on the CSE today, November 5th, 2019.
According to the Company, “Direct sales efforts are focused in Public Safety/Paramilitary (law enforcement & security) organizations but Draganflyers are also sold to Commercial Surveying and Commercial Mapping organizations. Additionally, we have been asked to develop products and services in Agriculture, Media and Broadcasting, Infrastructure, and Industrial applications.”
Although Draganfly is new to public markets, it has a long history in the sector. Draganfly is a twenty year old world leader in the UAV market and brings with it a legacy of ‘firsts’ including:
·first public safety UAV to shoot aerial photos documenting a manned aircraft accident in an urban area
·first UAV operated by a public safety organization flown at night to locate and save a life
·first UAV helicopter to be granted a county wide U.S. FAA COA
·and recently named as a test platform at one of the U.S. FAA’s certified test sites
Announcing the listing, Cameron Chell, Chairman and CEO stated “Draganfly is the world’s oldest operating drone company and one of the early developers of the quadcopter. Draganfly today remains a leading drone solutions innovator and with the definitive government and industry shift to utilize North American unmanned vehicle systems and software, Draganfly is in the right place at the right time to establish itself as the cornerstone North American industry player.”
From the news: With the completion of a $7 million equity raise, the company is in astrong working capital position to execute its business plan and is well positioned to pursue further opportunities in the drone sector. The Company’s products are 100% manufactured in North America, with more than 9,000 drones sold, and with 18 patents in its portfolio and 6 more pending in the application stage, the Company has one of the most significant portfolios of intellectual property in the sector and will continue to expand its intellectual property docket.
Founded in 1998, Draganfly is recognized as one of the first commercial multi-rotor manufacturers and has a legacy for its innovation and superior customer service. Draganfly has sold products and services to over 50 countries. To date, Draganfly, has sold over 9,000 of its drones for multitudes of applications around the world. Zenon Dragan is the founder of Draganfly, and is a recognized leading expert on UAVs. Draganfly is positioning itself as an integrated solutions provider to the UAV industry.
Draganfly introduced its first systems in 1999 and has since evolved and shaped the UAV industry. The company’s aircrafts are widely used by public safety agencies worldwide and were one of the first UAVs to receive a Federal Aviation Administration (“FAA”) Certificate of Approval the fall of 2009 with the Mesa County Colorado Sheriff’s Office. In 2012, the Royal Canadian Mounted Police (“RCMP”) flew one of the company’s drones to locate and save the life of an accident victim. The RCMP system is on permanent display at the Smithsonian National Air and Space Museum.
Another relatively smaller player in the mix with some of the giants in the sector is Toronto based Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF), a drone technology company focused on the design, development and implementation of its proprietary logistics software platform using drones.
The Company recently announced that with the assistance of its sales agent, Air Canada, DDC has entered into a commercial agreement dated October 28, 2019 with the Edmonton Regional Airports Authority ("ERAA"), operating Edmonton International Airport ("EIA") and Villeneuve Airport for the purpose of establishing the world's first airport drone delivery hub, at Edmonton International Airport using DDC's proprietary drone delivery platform.
DDC and ERAA will build out flight routes from EIA using DDC's DroneSpot takeoff and landing zones utilizing DDC's drone flight infrastructure. Leveraging ERAA's expertise in airport operations, DDC and ERAA will implement, promote and market DDC's drone delivery services in this controlled airspace to a multitude of new and existing customers. All operations will be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations and shall be subject to DDC obtaining all required regulatory approvals.
"With ERAA, we will develop a drone logistics network centered at this world-class airport as a hub for numerous drone routes for our customers. We will continue to work with ERAA and Transport Canada to define particular routes, and with ERAA and Air Canada to negotiate revenue metrics and other commercial terms, to be announced in future press releases. Given the potential size and scope of this disruptive offering, revenue outlook could be significant while concurrently bringing tremendous logistical benefits to the region", said Michael Zahra, President & CEO of DDC. "To all our stakeholders, I am pleased to report that we will be working closely with EIA to further our current expertise in operating at a major airport in controlled airspace to monetize similar opportunities globally."
The initial term of the agreement is five years with additional successive one-year terms to follow unless the Agreement is formally terminated.
"EIA is proud to partner with industry leader DDC to establish Canada's first airport drone delivery site and drastically modernize cargo logistics and supply chain solutions. Together with our long-standing partnership with Air Canada, we look forward to expanding DDC's network of customers at EIA's Airport City, the Edmonton Metropolitan Region, and other strategic partners. DDC's DroneSpot at EIA elevates intermodal connectivity to support the growing E-Commerce, Pharmaceuticals, Courier and Oil & Gas sectors. Thanks to our partners like NAV Canada and Transport Canada, our airport is leading in embracing innovation," said Myron Keehn, EIA VP of Air Service and Commercial Development.
FLIR Systems, Inc. (NASDAQ: FLIR), a world leader in the design, manufacture, and marketing of intelligent sensing technologies, recently announced their financial results for the third quarter ended September 30, 2019.
Third quarter 2019 revenue was $471.2 million, 8.4% higher than third quarter 2018 revenue of $434.9 million. Organic revenue growth was 2.5%, which excludes revenue from acquisitions within the last twelve months. Third quarter total bookings increased 13.0% from the third quarter of 2018 to $495.3 million, driven primarily by a contract with a prime defense manufacturer in the Industrial Business Unit, along with numerous smart city and industrial wins in the Commercial and Industrial Business Units. At the end of the third quarter total 12-month current backlog stood at $668 million, an increase of 13.0% compared to the balance at the end of the third quarter 2018. Similarly, total backlog at the end of the third quarter increased 16.7% to $810 million over the same period.
The Commercial Business Unit revenues totaled $81.3 million, down 5.3% from the prior year. Revenues were adversely affected by foreign exchange effects as well as lower customer demand in the Maritime business primarily related to macroeconomic conditions.
Partially offsetting this decline was strong growth in the Intelligent Transportation Systems (ITS) business. Third quarter operating income of $7.6 million and operating margin of 9.3% decreased 27.5% and 286 basis points year-over-year, respectively. This decrease was primarily driven by revenue declines in the Maritime and Outdoor and Tactical Systems (OTS) businesses due to weaker end-markets impacted by geopolitical and macroeconomic factors, as well as the impact from foreign currency exchange and U.S. import tariffs.
Commenting on FLIR’s third quarter results, Jim Cannon, President and Chief Executive Officer said, “Overall, FLIR’s third quarter results were somewhat mixed. I am pleased with the performance of the Government & Defense Business Unit, which delivered franchise program awards, solid organic revenue growth augmented by recent successful acquisitions, as well as improving organic operating margins. We also continue to build momentum in the Industrial Business Unit which generated strong bookings in the quarter along with expanding operating margins. However, several product lines within our Commercial Business Unit continue to face headwinds and some key end-markets served by the Commercial Business Unit were negatively impacted by geopolitical and macroeconomic factors. While consolidated earnings were in-line with our expectations and cash flow from operations was very strong, I am not satisfied with FLIR’s third quarter revenue performance.”
Mr. Cannon continued, “Based on our year-to-date results and outlook for the fourth quarter, we are slightly reducing full-year revenue expectations. However, year-to-date total bookings are up 13.5% and total backlog is up 16.7% from a year ago, bolstered by important franchise program wins, providing us with a long runway for growth. We remain very confident in our long term strategy and continue to believe that FLIR is poised to deliver profitable growth in the quarters and years ahead.”
Amazon.com, Inc. (NASDAQ: AMZN), who recently announced their financial results for third quarter ended September 30, 2019, is becoming a potentially game changing player in the drone and delivery market.
“We are ramping up to make our 25th holiday season the best ever for Prime customers — with millions of products available for free one-day delivery,” said Amazon CEO, Jeff Bezos in a statement. “Customers love the transition of Prime from two days to one day — they’ve already ordered billions of items with free one-day delivery this year. It’s a big investment, and it’s the right long-term decision for customers. And although it’s counterintuitive, the fastest delivery speeds generate the least carbon emissions because these products ship from fulfillment centers very close to the customer — it simply becomes impractical to use air or long ground routes. Huge thanks to all the teams helping deliver for customers this holiday.”
A recent news article discussed Amazon’s evolving drone/delivery plans stating, “The company announced earlier this year that it would start testing a shift fromPrime two-day shipping to one-day shipping. That’s on top of its existing services like Prime Now, which offers same-day shipping of certain products in certain markets, andWhole Foods grocery delivery, among many others spanning food and household item delivery. The company has also been aggressively building out its contract delivery service, Amazon Flex, and even startedexploring robotic ground delivery. Drones for package delivery by air arealso still in the works.”
More and more consumers and businesses are becoming reliant on the unmanned vehicles sector for their delivery needs and as drone software and technology continues to improve and drop in cost, their seems to be little slowing for this segment. Just like the UPS delivery, the opportunities for the sector potentially are “beyond the line of sight.”
For a list of drone stocks and other defense stocks visit Investorideas.com directory
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles,podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns :Crypto Corner ,Play by Play sports and stock news column,Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change ,Exploring Mining, theAI Eye.
Disclaimer/Disclosure:Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring DFLY is a paid for news release on Investorideas.com – third party (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ andtickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy:
Breaking #Cannabis #Stock News -Isracann Biosciences (CSE: $IPOT.C) Advances Architectural and Security Plans for Israeli Project; @Isracann1
Company engages respected contractors with Cannabis sector experience to ensure timely acceptance by government agencies
VANCOUVER, BC, - November 5, 2019 – (Investorideas.com Newswire) Isracann Biosciences Inc. (CSE: IPOT) formerly Atlas Blockchain Group Inc. (CSE: AKE) (XFRA: A2PT0E) (OTC: ATLED) (the “Company”) an Israel-based company focused on becoming a premier low cost, high quality cannabis producer for both domestic and European export sales, today announced operational updates regarding the engagement of two leading consultancies within the early-stage Israeli cannabis sector.
AgroPlan Ltd. and A.R. Factor Group respectively provide the Company architectural design and security planning as part of an integrated design/build strategy aimed at earning key Good Practice national certifications encompassing several critical business and regulatory goals.
AgroPlan was retained to prepare the architectural design and engineering drawings for the cultivation and harvest facilities. To complete the work, AgroPlan completed a site survey to assess the topography, drainage, access to water, roads and electricity. Using this information AgroPlan has engineered site specific/project specific architectural plan aimed at ensuring IMC-GAP, Israeli Medical Cannabis – Good Agricultural Practices code certification (Yakar Directive 151) and IMC-GMP, Israeli Medical Cannabis – Good Manufacturing Practices code certification (Yakar Directive 152).
Concurrently, A.R, Factor Group was retained to prepare the security design of the cultivation and harvest facilities. The company reviewed the AgroPlan architectural designs and provided critical input to ensure the plans are suitable for and compliant with IMC-GSP, Israeli Medical Cannabis – Good Security Practices code (Yakar Directive 150). In addition to reviewing the architectural design, A.R. Factor was further contracted to write the requisite operational security plan for the entire site, which has been substantially completed.
Company CEO Darryl Jones states, “We are working through an anticipated diligence process with key national government agencies, principally under the auspices of the Ministry of Health (the “Yakar”). Thanks largely to the decades of advanced research and understanding of our product and the rapidly growing global sector, we find ourselves working within a mature bureaucracy that respects and supportively engages with business interests. Engaging leading consultants to assist and guide us through the process helps ensure we meet our aggressive timelines and goals. We are very pleased to be working with the teams at AgroPlan and A.R. Factor group and are already benefitting greatly from their participation.”
AgroPlan is headquartered in a cooperative agricultural community (moshav) in the intensive farming region of Be'er Tuvia, Israel. Founded in 2002, the Company provides engineering, architectural and project management support with a specific focus on farm and ranch facilities. The company regularly works with the Ministry of Agriculture and the Ministry of Environmental Protection alongside numerous building authorities. To-date, the company has completed over 15 cannabis farm projects both domestically and internationally.
A.R. Factor was founded in 2015 and is headquartered in Zichron Yaakov, Israel. The company specializes in three main areas: international security and HLS (private and international homeland security), projects for the UN (consulting and execution) and national resilience. The company provides a combination of expert project analysis capability alongside thorough and professional operational project management. The company currently provides security design services to over a dozen regional licensed producers.
ON BEHALF OF THE BOARD OF DIRECTORS
“Darryl Jones”
Darryl Jones
Chief Executive Officer and President
About Isracann Biosciences Inc. (CSE: IPOT)(XFRA: A2PT0E) (OTC: ATLED)
Isracann is an Israeli-based cannabis company focused on becoming a premier cannabis producer offering low-cost production targeting undersupplied, major European marketplaces. Based in Israel's agricultural sector, Isracann will leverage its development within the most experienced country in the world with respect to cannabis research. The Company has secured agreements within Israel for medicinal marijuana cultivation. For more information visit: www.isracann.com.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ, materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Canadian Securities Exchange, the British Columbia Securities Commission, the Ontario Securities Commission, and the Alberta Securities Commission.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring CSE: IPOT is a paid for news release on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
