RDARS Inc. (“RDARS” or the “Company“) (CSE: RDRS), an autonomous robotics and drone technology company developing advanced autonomous drone and robotic systems for alarm system augmentation and surveillance, is pleased to announce the completion of its first production run of its all-new Eagle Eye and Eagle Nest products at the Company’s manufacturing plant in Ontario, Canada, further to the Company’s press release dated September 13, 2022. The new Eagle Eye and Eagle Nest systems are being prepared for immediate deployment at locations in North America and will be central to RDARS’ strategy for seeking beyond visual line of sight environment (BVLOS) approvals with Transport Canada and the Federal Aviation Administration (FAA) in the United States.
“These systems are rolling off the assembly lines and our Company is on a roll,” commented Charles Zwebner, Chief Executive Officer of RDARS. “We are really excited about this milestone and we look forward to executing on our business plans,” added Charles.
The new v2.5 upgrade brings significant improvements to the capabilities of Eagle Eye and Eagle Nest. Eagle Eye v2.5 includes significant upgrades to its “Detect and Avoid” capabilities, propeller shrouds, and other additional features designed to ensure that regulatory agencies feel confident in the safety and operation of the platform. Eagle Nest v2.5 also sees significant changes including more robust weather protection, 360-degree visual views at both daytime and nighttime, as well as the addition of long range (LoRa) radios to communicate at range with other Eagle Watch Platform technologies. “This new version was produced in record time at our new facility in Ontario, Canada, and I am really proud of my team for meeting these milestones,” said Jason Braverman, Chief Technology Officer of RDARS. In addition, RDARS has further refined its manufacturing process resulting reduced manufacturing time and increased durability for its Eagle Eye and Eagle Nest.
These milestones are key achievements for RDARS as it follows its roadmap for design, development, testing and production of the first commercial “Autonomous Drone in a Box” solution which is tailor made for regulatory agency approval. The RDARS technology team has implemented and designed unique and novel solutions to help regulatory agencies feel confident in the solution and prepare the market for deployments across the North America at scale. Eagle Eye and Eagle Nest v2.5 both represent one of the most advanced systems of this type to be deployed. RDARS expects to file for the FAA Part 107 BVLOS waivers in the coming months as it tests these systems for general sale in North America and with limited commercialization anticipated for mid 2023.
About RDARS Inc.
RDARS possesses a disruptive technology that is advancing the security industry’s approach to protecting commercial, industrial, and residential properties, by introducing protection with autonomous artificial intelligence systems that allows for real time response, situation awareness, verification, intervention, evidence recording, data capture, analysis, and immediate downstream transmissions to public safety agencies. RDARS has the ability, upon a property security breach, in real time to receive, analyze, and downstream the data and inform public safety agencies who the perpetrators potentially are before they even arrive at the property.
Founded in 2019, RDARS is an original equipment manufacturer of its flagship product, the Eagle Watch Platform, comprised of Eagle Eye, a drone, Eagle Nest, a drone station, Eagle Rover, an indoor robotic system, and Eagle Watch Command & Control Software. The Company’s autonomous robotic systems provide situational awareness in a cost effective and reliable manner. The Company’s mission is to improve alarm response and situational awareness by obtaining required approvals from federal regulatory agencies for BVLOS operations. RDARS is currently developing its technology for private and enterprise customers in the United States and Canada, where these customers require a more reliable and advanced understanding of their property security. For more information about RDARS, please visit its website at www.rdars.com and its profile page on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the “CSE“) nor its Market Regulator (as such term is defined in the CSE policies) has reviewed or accept responsibility for the adequacy or accuracy of this news release.
