System Will Integrate ScoutCam’s Proprietary Technology/Cameras, Communication, Controls, Sensing, Image Processing, Data Processing and Networking Technologies
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The companies will work together to create a comprehensive solution that will monitor the UAV’s equipment by integrating ScoutCam’s next generation cameras, communication, controls, sensing, image processing, data processing and networking technologies into a system that can be mounted on the UAV.
Yovav Sameah, Chief Executive Officer of
Sameah added, “Like many of our Industry 4.0 customers, defense contractors rely on condition-based monitoring and predictive maintenance solutions that operate under extreme conditions. This is especially true where the gear costs are high (aviation) or the cost of project interruption can be significant (energy and transportation). ScoutCam’s imaging technology offers a solution with a proven track record of withstanding harsh environments and offers high-end data analysis thereby enabling early fault detection”.
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Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on the Company’s expectations, beliefs, assumptions and intentions regarding, among other things, its product-development efforts, business, financial condition, results of operations, strategies or prospects, as of the date of this news release. They are not guarantees of future performance. Forward-looking statements can be identified by the use of forward-looking words such as “believe,” “expect,” “intend,” “plan,” “may,” “should” or “anticipate” or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company’s ability to maximize its strategic relationship with the leading defense contractor discussed in this press release, the likelihood of creating a comprehensive solution that can monitor equipment by integrating ScoutCam’s next generation cameras, communication, controls, sensing, image processing, data processing and networking technologies into a system that can be mounted on the UAV, the Company’s reliance on third-party suppliers; market acceptance of our products by prospect markets and industries; the functionality of ScoutCam’s solutions under all environmental conditions; the Company's ability to raise sufficient funding in order to meet the Company’s business and financial goals; and certain other factors summarized in the Company’s filings with the
For more information, please visit https://www.scoutcam.com.
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