The OTC markets can be a thrilling environment for investors to find emerging companies and potentially lucrative opportunities. OTC stocks are often associated with small, early-stage companies, but they can offer investors the chance to invest in companies with significant growth potential.
In this article, we'll be taking a closer look at four OTC stocks that can provide an entry point for investors who are looking for lower-cost stock options with upside potential.
Last week, EPAZ announced that ZenaDrone is expanding its production facilities in
The drone is designed for use in the military, as well as the oil and gas and agriculture industries. The ZenaDrone 1000 is adaptable across many industries as it has the ability to use the data captured from its cameras to create 3D interactive environment maps and learn from these maps, harnessing the power of AI.
In 2022, ZenaDrone produced 10 ZenaDrone 1000. According to the company, this year's goal is to produce over 20 drones per month, with the capacity to produce 40 in the same facility.
CEO
Over the past six months, the company has been taking steps to promote the use of the ZenaDrone 1000 by the US military, including submitting Phase 1 SBIR proposals to the
On
EPAZ recently announced that ZenaDrone has reached Technology Readiness Level 7, a significant milestone for the company's drone technology. This achievement qualifies ZenaDrone to submit a Phase II SBIR grant for external funding of its cargo delivery solution, which could provide a non-dilutive source of funding of up to
ZenaDrone is in the process of qualifying for Green UAS certification, which is a new US government compliance program and a crucial step for becoming a government provider of drone technology.
The expansion of ZenaDrone's production facilities in
One of
This week, ZRFY announced that it is integrating the advanced language processing and natural language understanding capabilities of ChatGPT, a state-of-the-art language model developed by OpenAI, into its
With this integration, users will be able to communicate more effectively and efficiently during video conferences, improving collaboration, productivity, and reducing misunderstandings. The addition of ChatGPT to Zerify Meet marks a significant step in providing businesses with tools to collaborate and communicate more securely and efficiently.
When compared to traditional manned security models, RAD offers cost-effective Solutions-as-a-Service that can save businesses between 35% and 80%. Their suite of stationary and mobile robotic solutions is intended to supplement and replace human personnel in appropriate environments.
All RAD technologies, including AI-based analytics and software platforms, are developed in-house. With a sales pipeline of over 35 Fortune 500 companies and numerous other potential clients, RAD is poised for growth and recurring revenue as it converts existing sales opportunities into deployed clients
On the 18th, RAD announced that it had secured an order for 11 ROSA security robots and 2 AVA access control solutions. The order was facilitated by one of RAD's largest national authorized dealers and will be deployed at a large warehouse center belonging to a Fortune 250-ranked supplier of technology-driven solutions for the global energy industry.
The robots will be responsible for detecting and deterring security breaches such as trespassing and loitering. One of the AVA units will replace a security guard at a secure entrance gate, while the remaining AVA unit will supplement the tasks of another security guard at a gated entrance to the facility.
The deployment is estimated to replace human labor valued at
This order further highlights the growing demand for AITX's innovative security solutions as the company continues to expand its presence in the industry and attract new clients.
In recent news for the company, EVFM has appointed
Zhang is expected to support the company's operations as it works towards its goal of being EBITDA breakeven on a quarterly basis by the end of this year. Zhang is an accomplished finance executive with over 14 years of financial and accounting experience in a variety of industries, including pharmaceuticals and medical devices. She returns to Evofem after serving as Vice President and Controller at
For
The hiring of Zhang also represents a continuation of Evofem's entrepreneurial spirit and growth mindset, which are important components in the business's ongoing success. Keep an eye on EVFM as the company continues to develop and commercialize innovative products to address unmet needs in women's sexual and reproductive health.
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