SOR on The Market Herald:Strategic Elements (ASX:SOR) signs security drone collaboration deal
https://bit.ly/2I2IRVY
- Strategic Elements (SOR) subsidiary Stealth Technologies has signed a collaboration deal with drone tech company, Planck AeroSystems
- The six-month agreement will see the companies working to enable drones to autonomously launch and land from autonomous vehicles
- Stealth has been developing an Autonomous Security Vehicle (ASV) for use in perimeter security in sectors like transport, energy and defence
- Planck's Autonomous Control Engine (ACE) enables autonomous launch, recovery, relative navigation, and mission planning from a moving vehicle
- The marriage of the mobile vehicle with drones will allow their datasets to be combined for enhanced mapping, navigation and tracking
- The perimeter security sector is growing steadily, with a projected worth of US$282.26 billion (around A$395 billion) by 2025
- Strategic Elements is trading 4.35 per cent higher for 12 cents
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