The #AIEye: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Provides Corporate Update and Intel (NasdaqGS: $INTC) Announces Readiness of Neuromorphic Research System

The #AIEye: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Provides Corporate Update and Intel (NasdaqGS: $INTC) Announces Readiness of Neuromorphic Research System

Global #AI in Agriculture to Reach $11.2 Billion by 2030

Point Roberts WA, Vancouver BC – March 18, 2020  – 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.

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Stocks discussed: (CSE:VSBY) (5VS.F) (OTC:VSBGF) (NasdaqGS:INTC)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) has provided a corporate update, revealing that the company has booked revenue exceeding $1 million USD in Q1. VSBLTY Co-founder & CEO Jay Hutton explained:

"Our key channel and development partners are driving adoption with major retailers, brands and infrastructure. This is why we spent the time and resources to get these partnerships in place in 2019. We finished strongly last year with the best bookings quarter in the company history. In the first quarter of 2020 the company will exceed bookings of more than one million dollars USD. In fact. Q2 is looking even better than Q1. We have three major healthcare and consumer related retail deployments scheduled to begin in the U.S. and Canada. Smart, custom digital displays with interactive technology are designed to educate consumers with critical, personalized information so that they can better manage their own health and wellness."

Intel Corporation (NasdaqGS:INTC) has announced the readiness of its neuromorphic research system Pohoiki Springs, which according to the press release, provides “the computational capacity of 100 million neurons.” Mike Davies, director of Intel’s Neuromorphic Computing Lab, commented:

"Pohoiki Springs scales up our Loihi neuromorphic research chip by more than 750 times, while operating at a power level of under 500 watts. The system enables our research partners to explore ways to accelerate workloads that run slowly today on conventional architectures, including high-performance computing (HPC) systems."

An excerpt from the press release outlines the technology:

Loihi processors take inspiration from the human brain. Like the brain, Loihi can process certain demanding workloads up to 1,000 times faster and 10,000 times more efficiently than conventional processors. Pohoiki Springs is the next step in scaling this architecture to assess its potential to solve not just artificial intelligence (AI) problems, but a wide range of computationally difficult problems. Intel researchers believe the extreme parallelism and asynchronous signaling of neuromorphic systems may provide significant performance gains at dramatically reduced power levels compared with the most advanced conventional computers available today.

Global AI in Agriculture to Reach $11.2 Billion by 2030

A report from Prescient & Strategic Intelligence finds that the global AI in Agriculture market will grow from $671.6 million in 2019 to $11.2 billion in 2030 with a compound annual growth rate (CAGR) of 30.5 percent in the forecast period. An excerpt from the report description outlines the market:

Increasing use of smart sensors in agriculture is a major trend observed in the AI in agriculture market. With [the] rise in precision agriculture practices, there has been an increasing use of sensors in the agricultural fields. Through the use of sensor-based technology in agriculture, farmers are now able to map their crop fields accurately, and can also monitor and apply crop treatments only to areas that need it. The rise in development of various operation specific sensors, such as location sensors, optical sensors, electrochemical sensors, mechanical sensors, airflow sensors, soil moisture sensors, and weather sensors, is helping farmers in monitoring and optimizing yields of crops, as well as making them adaptable to changing environmental factors effectively.

Growing demand for monitoring of livestock is one of the prime factors driving the AI in agriculture market. Livestock plays an important role in fulfilling the demand for meat, milk, eggs, and wool. With changing lifestyles, growing population, and increase in per-capita income level, there is a rise in meat, eggs, and milk consumption globally. To fulfill the demand for protein rich foods, [the] health of livestock needs to be monitored on a regular basis.

The advanced applications of AI solutions, such as facial recognition, help to diagnose abnormal cows before they show severe symptoms and reduce additional expenses spent on vaccinations and food. For instance, in China, an AI company is developing a livestock health monitoring system with facial recognition for managing [a] herd of cows. Hence, with increasing use of AI for monitoring the health of livestock, the market for AI in agriculture is growing across the globe.

Sam Mowers, Investorideas.com

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#Biotech, #Hemp / #Cannabis, #Tech #Stocks Showing Innovation in face of #Coronavirus (OTCQB: $SING) (TSX-V: $LBL.V) (OTCQB: $LBLTF) (CSE: $CL.C)(OTCQX: $CRLBF) (NASDAQ: $ZM)

#Biotech, #Hemp / #Cannabis, #Tech #Stocks Showing Innovation in face of #Coronavirus (OTCQB: $SING) (TSX-V: $LBL.V) (OTCQB: $LBLTF) (CSE: $CL.C)(OTCQX: $CRLBF) (NASDAQ: $ZM)

Point Roberts WA, Delta, BC – March 18, 2020 - Investorideas.com, a leading investor news resource covering hemp/ cannabis stocks and coronavirus (COVID-19) stocks issues a snapshot looking at the eruption of innovation in multiple sectors in the face of today’s ongoing pandemic. Crisis has always incited innovation, creating winners and losers and this pandemic is creating a global shift never before witnessed. Companies that are agile enough to adapt and recognize the change can also seize opportunities by providing a definite solution; which is what  SinglePoint Inc. (OTCQB: SING) is aiming to do by launching Klen Hands – Hand Sanitizer with Moisturizing Hemp Seed Oil, made in the USA. 

Read this news featuring SING in full at https://www.investorideas.com/news/2020/biotech/03181Stocks-CoronavirusInnovation.asp

On March 13^th, Friday the 13^th, thought to be an unlucky day by some, SinglePoint Inc. (OTCQB: SING) boldly announced the launch of Klen Hands, yet another example of how they have consistently been on top of consumer and industry trends. Already entrenched in the cannabis and cleantech sectors, during this current crisis, SinglePoint immediately saw the need for a crossover into the health sector as shelves are being emptied of hand sanitizers. 

According to the press release: “Hand sanitizer is one of the most out of stock products there is in most all retail locations. We do expect to sell out very quickly. As we move into uncertain times, we have developed a product to directly combat the coronavirus. Our hand sanitizer has 62% ethyl alcohol to keep hands klen (clean) as well as hemp seed oil to keep hands soft and hydrated. Sanitize. Hydrate. Repeat.”

Klen is currently being produced in SinglePoint's Carlsbad facility and will ship directly to your location. Orders will be fulfilled in the order they are received.

"We are working to develop solutions for both product and technology in order to assist in the effort of combating COVID-19. As many people know our company has deep ties to the Washington State area. We believe we can provide solutions in the near term to help with the dissemination of current, reliable information and in the interim use our facilities to develop products such as hand sanitizer. We will be releasing additional resources for individuals in the coming weeks." - Greg Lambrecht CEO.

Klen Hands

Another key trend arising in the cannabis space due to the coronavirus outbreak, is the boom of cannabis delivery services. Cresco Labs (CSE:CL)(OTCQX:CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States recently announced the  launch of a home delivery service for medical cannabis patients in the New Hartford area of New York.

“Registered medical cannabis patients can place a home delivery order seven days a week at Sunnyside. Shop with a minimum order of $80 required for delivery service. Free delivery is available for orders of $150 or more. Distributed from Cresco’s Sunnyside dispensary in New Hartford, delivery services are available for patients in the following communities: New Hartford, Utica, Marcy, Whitesboro, Oriskany, Clinton, Sauquoit, Frankfurt and Rome.”

Sugarmade, Inc. (OTCQB:SGMD), along with the BudCars Cannabis Delivery Service,  announced last week a sharp rise in demand for its cannabis delivery service, driving an associated 10% week-over-week rise in total sales, over the past two weeks. The Company believes this dynamic is being driven by the stay-at-home trend that has emerged in many communities around the world in response to the global pandemic outbreak of the COVID-19 disease.

It looks like there will also be a huge uptick in cannabis sales as consumers are buying and hoarding cannabis just like toilet paper and hand sanitizers.

“Retail stores across the United States have seen an influx of traffic as Americans seek to stock up on basic supplies. Cannabis retailers have seen a similar trend, with many consumers choosing to make fewer trips to dispensaries, instead opting for larger, less frequent purchases as COVID-19 fears grip the country,” reported a Motley Fool correspondent. 

In the pharma and biotech sector we have seen players from big to small announce potential solutions as they race to find a vaccine for COVID-19. Gilead Sciences, Inc. (NASDAQ: GILD), a presumed leader, even by the WHO, announced late February the initiation of two Phase 3 clinical studies to evaluate the safety and efficacy of remdesivir in adults diagnosed with COVID-19 (novel coronavirus). These randomized, open-label, multicenter studies will enroll approximately 1,000 patients at medical centers primarily across Asian countries, as well as other countries globally with high numbers of diagnosed cases, beginning in March. The studies will assess two dosing durations of remdesivir, administered intravenously. The initiation of these studies follows the US Food and Drug Administration’s (FDA) rapid review and acceptance of Gilead’s investigational new drug (IND) filing for remdesivir for the treatment of COVID-19.

Lattice Biologics Ltd. (TSX-V: LBL) (OTCQB: LBLTF) announced Friday that it plans to evaluate its amniotic fluid concentrate, AmnioBoost, in patients with acute respiratory distress syndrome (ARDS) caused by coronavirus (COVID-19).

AmnioBoost has potential for use in the treatment of ARDS, which is the principal cause of death in COVID-19 infection. Mortality in COVID-19 infected patients with the inflammatory lung condition (ARDS) is reported to approach 50%, and is associated with older age, co-morbidities such as diabetes, higher disease severity, and elevated markers of inflammation. Current therapeutic interventions do not appear to improve in-hospital survival.

CytoDyn Inc. (OTC: CYDY),  a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced that the Company has submitted an investigational new drug (IND) application to the US Food and Drug Administration (FDA) to conduct a Phase 2 clinical trial with leronlimab (PRO 140) as a therapy for patients who experience respiratory complications as a result of contracting the coronavirus disease 2019 (COVID-19).

Looking at the tech sector, there are multitudes of technology already in place that can be deployed and smart companies are already on it.  According to a report  from CNBC, “Chinese technology giants are accelerating their efforts in the field of health-care technology in areas from cloud computing to artificial intelligence (AI) amid the new coronavirus outbreak. Alibaba (NYSE: BABA), Baidu (NASDAQ: BIDU), Tencent (OTC: TCEHY), Huawei and DiDi have all launched new health tech features aimed at diagnosing cases and finding a vaccine for the coronavirus.”

Drone technology is also being used for delivery and mapping, and companies like Zoom Video Communications, Inc. (NASDAQ: ZM) are expected to see a boost from all the remote workers.

As we self isolate, social distance and stock up, let’s be smart as investors and not panic and really look at the bigger picture unfolding; innovation and entrepreneurism at its best. 

Visit Investorideas.com cannabis and hemp stock directory

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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  the AI 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 article featuring SING is a paid for services on Investorideas.co ( two thousand )  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 More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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#Drone #Stocks Flying High as #Coronavirus Drives New Applications (NASDAQ: $AVAV) (CSE: $DFLY.C) (OTCQB: $DFLYF) (TSXV: $FLT.V) (NASDAQ: $AMZN)

#Drone #Stocks Flying High as #Coronavirus Drives New Applications (NASDAQ: $AVAV) (CSE: $DFLY.C) (OTCQB: $DFLYF) (TSXV: $FLT.V) (NASDAQ: $AMZN)

Point Roberts WA, Delta, BC – March 18, 2020 - Investorideas.com, a leading investor news resource covering UAV and drone stocks releases a sector snapshot featuring Draganfly, Inc., (CSE: DFLY) (OTCQB: DFLYF), reporting on how drone and UAV companies are accelerating production and solidifying contracts in anticipation of a significant growth year for the industry.

Read this news featuring DFLY in full at https://www.investorideas.com/news/2020/technology/03181Stocks-Drones-Coronavirus.asp

According to the "Drones in the Global Power and Utilities Industry, Forecast to 2030" report, “Drones or unmanned aerial vehicles (UAVs) are currently finding application opportunities across various commercial businesses and are poised to impact multiple industry verticals in various capacities. Drone applications are emerging in various sectors such as agriculture, mining, oil and gas (O&G), construction, utilities and safety & security.”

The report continued, “Technological advancements are making it easier to execute complex and diverse data gathering exercises. Innovation in packaged software products and data visualization makes the process more accessible, efficient and convenient to end-users. The evolution of drones over the last 5 years and the convergence of AI, technological innovations, analytics, and IoT will drive the widespread adoption of drone technology over the course of the next decade.”

This, combined with the  coronavirus (COVID-19) global pandemic which is forcing many governments and companies to re-evaluate the usefulness and necessity of unmanned aerial devices as global populations are being forced indoors, is driving the industry to boost production and shore-up purchase contracts in anticipation of a year full of high demand.

With headlines like “Using drones to detect coronavirus? It’s not as crazy as it sounds,” investors are taking a closer look at drone technology and companies such as Draganfly in the sector.  

Breaking news comes from AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) with a market cap of over $1 Billion and Draganfly, Inc. (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8), an award-winning, industry-leading manufacturer within the commercial unmanned aerial systems (“UAS”), remotely piloted aircraft systems (“RPAS”), and unmanned vehicle sectors. They just announced a teaming agreement for Draganfly’s distribution of AeroVironment’s Quantix Mapper systems to commercial markets worldwide. The agreement also includes the continuation of other contract engineering services provided by Draganfly to AeroVironment.

Under the teaming agreement, AeroVironment will provide Draganfly with sales, marketing collateral and product technical support for the Quantix Mapper system. Draganfly will provide e-commerce, enterprise and direct sales operations, and oversee development of a network of resellers and strategic distribution partners worldwide.

Draganfly and AeroVironment completed this teaming agreement in advance of the fast approaching agricultural season in the Northern Hemisphere. Draganfly plans to expand commercial distribution of Quantix Mapper to the Southern Hemisphere over the next year, and to other industries including environmental resource management, oil & gas, construction, insurance, and public safety.

“Quantix Mapper represents the combination of drone operation, high-resolution imaging and geo-tagging into the first ‘drone as an app’ solution that makes data collection as easy as using a tablet computer,” said Rick Pedigo, AeroVironment Vice President of Sales and Business Development. “As a leader in the commercial and first responder drone market, Draganfly is uniquely positioned to deliver the value of Quantix Mapper to customers in multiple market segments to help save lives, protect property, increase productivity and enhance safety.”

“Draganfly has been manufacturing and distributing innovative, multi-rotor and fixed wing drones for commercial applications around the world for 22 years. We were truly impressed with the ease of use, performance, and reliability of AeroVironment’s hybrid Quantix Mapper system,” said Patrick Imbasciani, Draganfly’s Chief Operating Officer.

Patrick Imbasciani, went on to say “Flying 400 acres in less than 45 minutes on one battery is remarkable. Programming flights by simply drawing a shape on a tablet screen map, selecting an altitude, and following a few prompts, is so easy. Built in visual and multispectral sensors and the ability to take off and land almost anywhere, allow this drone to be used for a variety of applications right out of the box. Equally exciting, is the competitive price.”

Quantix Mapper is a simple to use drone, empowering users through its fully-automated operation and instant insight. Its hybrid design allows the aircraft to launch vertically and transition to horizontal flight, maximizing aerodynamic efficiency and range. Users can immediately view high resolution imagery on the included Operating Tablet – no other devices, internet connection or additional software required. With the touch of a button, users can quickly and safely generate up-to-date maps for infield assessment. Whether assessing crop health during key stages, or damage from storm, flood or fire, Quantix Mapper makes it easy to gather accurate images across a large area and assess and react to the situation with precision and speed.

For more information and to order Quantix Mapper, please visit:

www.draganfly.com/quanti 

Drone Delivery Canada Corp. (TSXV: FLT)(OTCQX: TAKOF) announced on March 4, 2020, further to its press release dated October 23, 2019, that implementation of the DSV Air & Sea Inc. Canada project is well underway and is expected to be operational in March 2020.

On October 23, 2019, DDC announced that it had entered into a commercial agreement with DSV, through its sales agent Air Canada, to provide its drone delivery platform for the use of DSV commencing at DSV's head office in Milton, Ontario. Infrastructure equipment (including DroneSpot^TM depots, Battery Management Systems, and Sparrow drones) is currently being installed and numerous successful test flights have already been conducted. The Company expects to begin full operational and revenue-generating flights pursuant to the terms of the Agreement in March 2020. After the initial on-premises route is operational, the Company expects multiple subsequent inbound/outbound routes for DSV's customers with time-sensitive cargo.

"This will be a major milestone for the Company - our first operational, commercialized customer and first revenue. DSV is a global leader in the logistics industry and a perfect fit as a long-term, scalable customer for us," said Michael Zahra, President & CEO of DDC. "DDC continues to lead the drone logistics industry and we have a very strong funnel of global opportunities and expect to see continued customer announcements in 2020 for deployment & revenue generation this year."

Customers pay DDC a monthly fee for each drone route deployed, pursuant to the terms of their respective agreements.

Northrop Grumman Corp (NYSE: NOC) recently announced that the company is pushing for Australia to acquire Triton maritime surveillance drones earlier than planned, after a draft US defence budget proposed a two-year pause in production.

Australia is the only foreign customer for the remotely piloted aircraft, after Germany scrapped a plan in January to buy the Triton drones.

“The proposed pause provides options for Australia to buy the drones cheaper, and hasten opportunities for local suppliers, if it helps to fill the production gap,” said Doug Shaffer, the Vice President of the firm's Triton program.

"The price is a significant savings to Australia," he told reporters, but gave no further details.

A spokesman for Australia's defence department said it was aware of the budget request to the US Congress and was discussing the impact of the proposed pause with the US Navy and Northrop Grumman.

"Until the legislation is approved, the pause on Triton funding is not confirmed," the spokesman added.

Budget papers for fiscal 2021 that were released last month for the US defense department include a two-year production pause for the US Navy in FY2021 and FY2022.

The drones would help boost monitoring activities by Australia, which has the world's third-largest exclusive economic zone after France and the United States, and the world's largest maritime search and rescue region, sprawling over a tenth of the earth's surface.

In 2018, Australia announced plans to invest A$1.4 billion ($921.48 million) to acquire the first of six of the remotely piloted aircraft to step up its anti-submarine warfare and maritime strike capability, alongside its fleet of manned Boeing Co P-8A Poseidon planes.

As part of its investment, Australia entered into a A$200 million cooperative program with the US Navy to develop, produce and maintain the Triton aircraft.

At the time, Australia said it expected the first aircraft to be introduced into service in mid-2023 and all six delivered by late 2025.

“The proposed pause in US production raises the risk that the US Navy will not complete its order for 68 aircrafts, leading to a higher cost for Australia with future improvement costs spread over a far smaller fleet,” said defence analyst, Marcus Hellyer.

"The sunk cost fallacy suggests it could be better to cut our losses and get out now, even if we have spent hundreds of millions already," Hellyer, a senior analyst for Defence Economics and Capability at the Australian Strategic Policy Institute (ASPI), said on its website.

“As of yet, Australia has made no decision to defer any portions of the Triton programme,” the defence spokesman said.

"There are no Australian Tritons currently in production, and no decision has been made by the Australian government to defer elements of the Triton programme," he added.

While overall stock markets have been plummeting, Amazon.com Inc. (NASDAQ: AMZN) stocks have seen a rise as the world seeks to prepare for months indoors. This company has set itself up well for such a crisis with drone delivery, which was discussed in a recent article as governments and companies assess the feasibility of this approach, and nearly fully automated fulfillment centers are placed strategically around the world.

As climate conditions change, global pandemics force a reassessment of security and safety, and technology becomes more affordable and diverse, drone delivery technology companies stand to have an aggressive year in 2020. However, this will depend heavily on these companies taking the proper steps now with regards to production and deployment. 2020 very well could be the year where unmanned vehicles finally take center stage, rather than hovering on the sidelines.

Research more drone stocks at Investorideas.com tech stocks directory

https://www.investorideas.com/TSS/stock_list.asp

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  the AI 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/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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