SPARC AI Makes First Submission to Army

Date/time : 2025-02-27 08:30 AM
Symbol :

SPAI

Company : Sparc Ai Inc Com
Price : 0.295
Market cap : 3,848,073
O/S : 13,044,316
Exchange :

CSE

Industry :

Application Software

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SPARC AI Makes First Submission to Army

(TheNewswire)

SPARC AI INC

February 27, 2025 – TheNewswire - Toronto, Canada – SPARC AI INC.  (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) (“SPAI” or the “Company”) is pleased to announce it has made a submission to an army, of a western nation, for its Target Acquisition System that operates without GPS, Lidar, Radar, Laser and Image Recognition software.

The submission includes a development collaboration with the army for its Target Acquisition System and Loitering Munition drone.

SPARC AI enhances military operations by accelerating the sense-to-shoot cycle with precise geolocation and distance data, improving decision-making, coordination, and soldier survivability, even in covert missions. It strengthens Intelligence Surveillance, Target Acquisition, and Reconnaissance (ISTAR) by enabling rapid target detection in contested environments for effective mission execution. The software also supports autonomous loitering munition drones, operating without GPS or radio frequency to bypass C-UAV systems. Additionally, SPARC AI ensures soldiers can access critical geolocation data even in Denied, Disrupted, Intermittent, and Limited (DDIL) communication environments, maintaining operational effectiveness in challenging conditions.

SPARC AI will be notified of the outcome of its submission in late April 2025.

In February, the Company engaged in discussions with defense prime contractors and is preparing live demonstrations of its technology in March.

SPARC AI will provide further updates on the progress of these discussions.

Additionally, the Company has been enhancing its SPARC AI algorithms, recently integrating the Military Grid Reference System (MGRS) into its Target Acquisition Software. MGRS is the geocoordinate standard used by NATO militaries. The Company is actively developing further enhancements and will share updates with the market in due course.

About SPARC AI

SPARC AI has developed a new Target Acquisition System that calculates geolocation coordinates of any distance object without using radar, lidar, GPS, sensors, satellites, or image recognition software.

For more information contact:

Website: https://www.sparcai.co

Anoosh Manzoori, CEO

SPARC AI INC.

Email: anoosh@sparcai.net

Phone: +61.3.9666338

THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE. NO SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

FORWARD LOOKING INFORMATION

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information.

The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors, assumptions and exclusions is not exhaustive.

The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Canadian Securities Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

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