Drone Guarder, Inc. (OTCQB: DRNG) is engaged as an early stage security and surveillance service provider, which features the development and commercialization of a drone-based home security system. Shares of the security company are surging 58.54%, through afternoon trading on Tuesday, January 8, 2019. Over the past three months, Drone Guarder has seen average daily volume of 597,017 shares. However, volume of 4.65 million shares or dollar volume of $30,225, has already exchanged hands through afternoon trading on Tuesday.
Shares of Drone Guarder are jumping on Tuesday, after the company recently announced the development of its proprietary Droneguarder mobile application for the Microsoft Windows platform. The app is said to be available on the Microsoft app store shortly and will allow functionality for the DG Intruder to conduct security patrols across a property. The company is working on a demonstration video to show features and capabilities. Here is the full press release detailing of the new Windows app:
Drone Guarder, Inc. Press Release:
LONDON, UK / ACCESSWIRE / January 7, 2019 / Drone Guarder, Inc. (OTCQB: DRNG)
DG is pleased to announce the development of our Droneguarder App for Windows, we have been working on the DG Intruder App for Windows which now works on Windows Surface and all Windows operating systems. The DG Windows APP will be released in the Microsoft store shortly. The DG App will control functionality for DG Intruder to conduct Security Sweeps of the grounds of a property, and for the drone to be called home at any time once in the air, if the drone has been autonomously launched by an intruder and the human is a friendly it can be called home to base. We have programmed other essential functions for the DG App which will be demonstrated in our video.
Over the past few months we have been attempting to fix a technical problem with our Chinese partners regarding the constant streaming of video from the DG drone to the App, the issue has been real-time streaming and storing the drone video from the drone to the cloud via our web services. But this has not been possible and we have decided to switch to our new drone platform partners to DJI Drone manufacturers from China and Skydio Drones from San Francisco.
We are currently working with these two new drone platforms to overcome this issue, we have been working with DJI for the past 2 months on their Mavic Air platform and had good results with the streaming of the video. We are also working with Skydio Drones using their SDK development kit. We are utilizing the SDK development kits from both manufactures to test our App and the video streaming capabilities, we hope to announce a formal partnership with Skydio in the next couple of weeks, they have the latest leading edge technology and best operating system for the DG Drone product developments, our AI code integrates with both DJI and Skydio drone operating systems.
DG is working diligently on the technology integration of our AI with the drone partners for the best product results, we hope to release our DG Intruder product in the next couple of months. The recent technical issue we had with our Chinese partners slowed our development as we tried to resolve the problem, but we believe now we have resolved the issue. DG will be releasing a demonstration video in the next couple of weeks that shows our Windows App and the DJI Mavic Air in operation demonstrating the App functionality and drone.
Adam Taylor (CEO of DG) says ”We are excited to shortly be releasing the DG Intruder APP for Windows in the Microsoft Windows store, we intend to a have the App launched in the Apple and Google stores in the near future. We are also pleased to have a solution to resolve the real-time video streaming from the drone to the cloud where all footage can be stored in the cloud and viewed at any time where needed.”
About Drone Guarder Inc
DroneGuarder is an early stage security and surveillance company focusing on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: Once an alarm has been triggered, the DroneGuarder™ will immediately take off from a wireless charging pad.
Please visit http://www.droneguarder.com to learn about the company, management and products.
Forward-Looking Statements:
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; ourability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
