Thanks for posting the interview! Highlights of direct quotes are:
"First like to thank the shareholders who have been patient as we have spent the last three, four, almost five years developing the Akida IP and now bringing it to fruition ...
The Early Access Program is a concept that gives early access to key customers in the specific markets that we see as our target markets. In the case of Vorago, that happens to be space flight and aerospace but it will also add to Vorago's strength in down hole applications, whether it be oil or natural gas, those are very harsh environments as well.
The early access program gives those customers that sign up, and there's a fee to participate, it gives them early access to engineering samples, evaluation boards and dedicated support. So our focus has been to pick who we think are leaders in each of the markets that we see as important to our immediate future; make sure that we have an established relationship and bring one or two or three into our camp.
So at this point, we've talked publicly about our relationship and the Early Access Program with the Ford Motor Company. That, of course, would be for ADAS and autonomous vehicles. We've talked publicly about our relationship and Early Access Program with a company called Valeo which is headquartered in Paris but we work out of Stuttgart, Germany - right across the street from all of the well known names in German automobile manufacturing. They're a Tier 1 supplier of modules and [indistinct] are huge into automotive industry - something in the order of 20 billion Euros a year turnover.
We did talk about Vorago. Now we have others which we've been unable to name. One: there's a very prominent well known US based unmanned aerial surveillance manufacturer ... a long description for the word drone. In this case it would be primarily for commercial use; natural disasters and things of that sort where flying aerial drones for rescue operations.
There's things going on in the smart home arena as well as smart health. We look to smart health as what really could be a burgeoning marketplace for us. There's a great opportunity to do diagnosis on volatile organic compounds. As we exhale, everything that we're made of comes out of us ... and you can detect early stage of cancers, you can detect infectious diseases, COVID-19, H1M1 and many others.
So we've started to latch onto that arena as well as one or two others in what we call beneficial AI; where we're looking to benefit human kind with advances in medial science and advances in other types of research. So ... a really wide range of end markets, but we're trying to partner with those leaders in those end markets where we're assured, as best we can, that if we're successful and they're successful, there's a real commercial outcome".
It is amazing to hear Louis reinforce the relationships with Ford, Vorago and Valeo and hint at bigger things with each of them. He reminded us about smart health again but has now described it as "burgeoning marketplace". It is encouraging to hear about the drones and a new area (unless I have missed it before) of beneficial AI. Exciting times ...!
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Latest Interview with CEO Lou Dinardo (16 September 2020), page-70
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