Also went to the Perth preso. Great summary there @RockstarJones - good to meet you.
Can only add that they're aiming at ~20% market capture in each vertical to become the dominant player.
South African security firm is Fidelity Security who currently have a contract with British American Tobacco in S.A. to secure their cash/stock fleet shipments (think it was 4000 units). Showed us a real-life video demonstrating the tech in action, and Fidelity security response neutralising a hijack. Elsight tech pushed an alert to Fidelity without even a panic button pressed by the driver. Car speed/gps and hijacker weapons all monitored to allow immediate intervention. Just one incident, saved +$1m in cargo and drivers life.
They're also working with another global tobacco co and a bank and see relevance for this tech in multiple similar use cases. Ie Mexico.
The French Emergency deal – the president ultimately wants units in police cars too because they often arrive at accidents before paramedics.
Smaller units (cigarette pack and ultimately chip size) will allow deployment on drones, with policemen etc and do away with the backpack version as the relay unit. It’ll be from the pack/chip itself and transmitted via cloud direct to anywhere in the world for global monitoring and feedback/instruction.
There's large potential application in medical surgery training and remote emergency instruction while maintaining patient privacy through their encryption.
ELS Price at posting:
$1.50 Sentiment: Hold Disclosure: Held
(20min delay)
