BRIEF

on DeepSpatial Inc. (isin : CA24381D1006)

Deepspace launches revenue generation phase through government contracts

Deepspatial Inc. announces that it has reached a major milestone by entering its revenue generation phase following an intensive technology validation period. This transition highlights the company's position as a leader in technological innovations in the education sector. With the award of a major contract in India and another $1.5 million contract with a government agency, Deepspatial demonstrates the capability of its AI platform in the public sector.

The company highlights its Geo-AI Analytics platform, which combines geospatial analysis and artificial intelligence to provide insights in key sectors such as education and agriculture. This approach, based on tailor-made subscription services, aims to respond more effectively to customer needs.

In addition to these technological developments, Deepspatial is celebrating the success of its AI solutions through a peer-reviewed publication and plans to expand its market beyond India, focusing on geographic expansion and continuous improvement of its technology.

Deepspatial's financial strategy, marked by the successful fundraising via convertible bonds, as well as the contribution of David Yu as an independent director, strengthens the structure of the company and underlines the confidence of investors in its vision and its capacity to execute.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all DeepSpatial Inc. news