SOR 2.44% 4.2¢ strategic elements limited

SOR on The Market Herald: Strategic Elements (ASX:SOR) signs...

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    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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