Breaking #AI #Stock News: GBT
(OTCPK: $GTCH) Researching Practical Applications
of its Motion Detection #Wireless #Technology; #artificialintelligence
The company is conducting experimental
simulations and testing for possible implementations of its Apollo patent’s
technology as a computer vision system
SAN DIEGO, CA, July 19,
2022 - (Investorideas.com
Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the
“Company”), is researching practical applications implementation of its intelligent,
wireless, motion detection patented technology, which has been assigned an internal
code name “Apollo”. The non-provisional patent was granted on April 12, 2022,
and protects real time, RF based technology to produce an accurate computer
vision system. Apollo includes AI algorithms
to control and analyze radio wave transmissions and their reflections to
construct accurate 3D/2D imaging in real time. The patented IP describes a technology that
can produce a high-resolution live video of objects and living entities within a
scanned area. The technology distinguishes between objects and living entities
by detecting unique patterns and performing an intelligent surroundings mapping.
GBT started R&D activities to explore
Apollo’s practical applications development within various domains. Apollo’s technology
main aim is to provide an accurate wireless computer vision capability.
Management believes that modern applications may potentially include autonomous
vehicles look-around system, health monitoring, military and security. It is
also believed that the patent’s technology can be also used for security
purposes including an airport’s concealed weapons detection, intruder’s
preventions, and as a wireless night vision system for military purposes. The
technology is designed to works in indoor/outdoor environments, through walls
and other mediums, for example underground and water. The system’s effective range
can be extended using repeater units to cover larger areas. GBT plans to conduct
comprehensive research to evaluate the implementation of Apollo’s patented
technology within major domains applications.
Read
this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2022/07191Practical-Applications-Motion-Detection-Wireless.asp
The
Company released a short video that present the potential of said technology
over different domains: https://youtu.be/7H4o3Nz6ndQ
"We
are currently researching for practical applications development possibilities for
our Apollo, patented technology. We believe the wireless motion detection and
imaging technology encapsulates a broad world of commercialization
possibilities. The patent’s IP can be efficiently used as an accurate, high
resolution computer vision “eyes” within a wide variety of fields. For example,
one possible application is an external, non-invasive artery’s clogs imaging
system. A small probe, like a common ultrasound unit, can scan the human body’s
arteries, providing 3D imaging of arteries and veins, detecting life
threatening blockages. Another efficient application is smart vehicles look-around
vision system to provide a detailed information about the vehicle’s
surroundings. In addition, this type of technology can be highly efficient for
the security domain, for example concealed objects detection system for
airports. The patent’s computer vision IP can “see” through walls and other
mediums using machine learning algorithms. Apollo sends RF data and analyzes
its reflections using deep learning techniques, constructing 3D/2D images and live
motion videos in real time. Since its very sensitive to volume changes, it can
wirelessly measure heartbeat, breathing rhythm, and emotional distress, all
without any need of wearables or physical contact. GBT plans to further
research the Apollo IP within major domains to identify commercial development opportunities
in major domain. We truly believe that Apollo’s IP captures vast potential to
offer our modern world better health, life style and security” provided Danny
Rittman, the Company’s CTO.
There
is no guarantee that the Company will be successful in researching, developing
or implementing this system. In order to
successfully implement this concept, the Company will need to raise adequate
capital to support its research and, if successfully researched, developed and
granted regulatory approval, the Company would need to enter into a strategic
relationship with a third party that has experience in manufacturing, selling
and distributing this product. There is
no guarantee that the Company will be successful in any or all of these
critical steps.
About Us
GBT
Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com)
is a development stage company which considers itself a native of Internet of
Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology
Platforms used to increase IC performance. GBT has assembled a team with
extensive technology expertise and is building an intellectual property
portfolio consisting of many patents. GBT’s mission, to license the technology
and IP to synergetic partners in the areas of hardware and software. Once
commercialized, it is GBT’s goal to have a suite of products including smart
microchips, AI, encryption, Blockchain, IC design, mobile security
applications, database management protocols, with tracking and supporting cloud
software (without the need for GPS). GBT envisions this system as a creation of
a global mesh network using advanced nodes and super performing new generation
IC technology. The core of the system will be its advanced microchip
technology; technology that can be installed in any mobile or fixed device worldwide.
GBT’s vision is to produce this system as a low cost, secure,
private-mesh-network between any and all enabled devices. Thus, providing
shared processing, advanced mobile database management and sharing while using
these enhanced mobile features as an alternative to traditional carrier
services.
Forward-Looking Statements
Certain
statements contained in this press release may constitute "forward-looking
statements". Forward-looking statements provide current expectations
of future events based on certain assumptions and include any statement that
does not directly relate to any historical or current fact. Actual results may
differ materially from those indicated by such forward-looking statements as a
result of various important factors as disclosed in our filings with the
Securities and Exchange Commission located at their website ( http://www.sec.gov). In addition to these
factors, actual future performance, outcomes, and results may differ materially
because of more general factors including (without limitation) general industry
and market conditions and growth rates, economic conditions, governmental and
public policy changes, the Company’s ability to raise capital on acceptable terms,
if at all, the Company’s successful development of its products and the
integration into its existing products and the commercial acceptance of the
Company’s products. The forward-looking statements included in this press
release represent the Company's views as of the date of this press release and
these views could change. However, while the Company may elect to update
these forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of the press release.
Contact:
Dr.
Danny Rittman, CTO
press@gopherprotocol.com
GBT Technologies Inc.
(OTCQB:GTCH) is a featured tech stock on
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