#AI #Stock News: GBTs’ (OTCPK:
$GTCH) Wireless Motion Detection Patent Application was Approved
for Prioritized Examination; #artificialintelligence
The “Track 1”, prioritized examination goal is to
provide a final disposition within twelve months of prioritized status being
granted
Santa Monica, CA, January
18, 2022 -- (Investorideas.com
Newswire) GBT Technologies Inc. (OTC PINK: GTCH)
("GBT” or the “Company”), wireless motion
detection, nonprovisional patent application, was approved on January 2022 for
prioritized examination by the United States Patent and Trademark Office
(“USPTO”).
Read
this in full at https://www.investorideas.com/CO/GOPH/news/2022/01181Wireless-Motion-Detection-Patent.asp
The
Company expects its first USPTO’s office action within the next few months.
Prioritized examination is a procedure for expedited review of a patent
application. The USPTO’s goal for prioritized examination is to provide a final
disposition within twelve months of this prioritized status being granted. The
technology, which has assigned an internal code name “Apollo”, is currently
under design with the goal of developing a real time movement and position
detection system that is based on radio waves. The system will send radio waves
within specific frequencies and analyze the reflected information using AI algorithm
with the goal of identifying distinctive patterns to construct real time movements
and positions. The goal of Apollo, which
is currently under design, is to detect stationary and moving objects using a
wireless computer vision system and in turn construct a 3D imaging through
neural network algorithms. The goal is
to operate within indoor/outdoor environments in all weather conditions. The
technology is once developed planned to enable accurate 3D imaging of people
and object’s motion and position within a covered area. Its range could theoretically
be extended to cover large regions using repeaters and antenna arrays. GBT believes
that the technology can be an innovative computer vision solution to be used
for a wide variety of applications among them are autonomous vehicles, health
watching and security systems. As a reminder, the Company filed a
non-provisional patent application on September 10, 2021, serial number
17471213. As the Apollo system is
currently under design, the Company will face a number of risks in fully
developing the system as an initial prototype and then for ultimate commercialization. These risks include capital and human
resource constraints among other risks.
There is no guarantee that we will successfully develop the Apollo.
"We
are excited to receive a prioritized examination status for our Apollo patent application,
as we strongly believe that this type of technology can offer an innovative
wireless solution within many domains. We believe the use of radio technology can
enable efficient scan-and-detect capabilities and ultimately provide the
ability to virtually enable a system to “see” through walls and other mediums. We
intended to implement this technology within the Apollo project to equip it
with high-resolution abilities to measure very small movement changes. We believe these types of capabilities can be
efficiently used theoretically in wide variety of domains, for example, measuring
human vitals at home, detecting vital abnormalities or falls. We believe another
potential use is use as an efficient driver’s monitoring system, detecting
impaired or distracted drivers, providing audible/visual alerts; and in extreme
cases, taking over the vehicle to ensure safety. Apollo’s range is planned to
be extended using repeaters which we believe could potentially make it an
excellent solution performing as “eyes” for autonomous vehicles and added
security for law enforcement and military applications. It is our goal to
develop the Apollo system to use theoretically deep learning technology to enable
rapid analysis of the reflected RF data, identifying living entities and
objects, and constructing a computerized imaging in real time. As the system is
currently under design, we consider the Apollo patent to be one of our major
intellectual property assets and we are interested in expediting its application
process so that we can start its commercialization” stated Danny Rittman, the
Company’s CTO.
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. There is no guarantee
that the Company will be successful in implementing this system. In order to successfully implement this
system – other than getting the patent approved by the USPTO, the Company will
need to raise adequate capital to support its efforts; and if successful,
obtain and develop an actual specific approval. The Company would also 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. 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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