#AI #Stock News - GBT (OTC: $GTCH) is integrating xCalibre Image Analysis To Work With Its Long-Range Radio System; #ArtificialIntelligence

 #AI #Stock News - GBT (OTC: $GTCH) is integrating xCalibre Image Analysis To Work With Its Long-Range Radio System; #ArtificialIntelligence

 

Potentially Enabling Around The Globe Intelligent Surveillance And Image Analysis

 

 

San Diego, CA, May 13, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”), is integrating its xCalibre image analysis into its long range radio Infinia system. GBT’s xCalibre (internal project name) is an advanced, real-time, image analysis and recognition conceptual system. Upon full development, xCalibre is intended to offer smart detection and recognition functions with CCTV (Closed Circuit TV) cameras, recorded videos and images. xCalibre is intended to make it possible to collect and analyze information in real-time, identify humans and objects. The system will be based on GBT’s AI technology and is intended to be able to identify persons-of-interest and/or specific objects. xCalibre’s goal is to identify humans, with or without facial and body covers, and concealed objects of interest. The system will include an advanced cybersecurity protocol to keep all data secured and is based on the company’s recent filed image recognition patent.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/05131xCalibre-Image-Analysis.asp

 

The Infinia project (internal project name) – is an on-going development, a high performance, fully integrated, radio transceiver system that is ideally suited for applications that require long range data and audio communication and network robustness. In order to support xCalibre real-time image analysis, Infinia is designed to deliver a high GBPS (Gigabytes per Second) bandwidth, with ultra-low latency (Processing a very high volume of data messages with minimal delay), very similar to 5G networks. GBT intends to integrate the two systems together to enable real-time image recognition and analysis for remote locations. The Infinia is targeted to support surveillance cameras to transmit video and audio signals via radio waves technology to xCalibre system that will be processing the data, and performing image recognition from anywhere around the world. GBT believes that this can open new business horizons, enabling intelligent surveillance and imaging analysis anywhere around the globe.

 

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

Investorideas.com

 

More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

Get News Alerts on GBT Technologies Inc GTCH

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GTCH is a PR, social media and publishing client and compensates Investorideas.com https://www.investorideas.com/About/News/Clientspecifics.asp Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index ( $DXS)

HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index ( $DXS) 

 

 

 

Point Roberts, WA and Delta, BC – April 23, 2021 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource releases an exclusive Q&A interview through its defense portal HomelandDefenseStocks.com.

 

Scott Sacknoff, manager of the SPADE Defense Index (DXS), an investment benchmark for companies involved with the defense, homeland security, aerospace, and government space markets, discusses recent developments in the sector.

 

Read this in full at https://www.investorideas.com/news/2021/defense/04231Interview-Scott-Sacknoff-SPADE.asp

 

Q&A Interview: HomelandDefenseStocks.com (HDS) Scott Sacknoff

 

The following is a transcript of an interview that took place on 21 April 2021 between

InvestorIdeas.com and Scott Sacknoff (manager of the SPADE Defense Index)

Re-distribution, excerpts, and citation are permitted.

 

InvestorIdeas.com:  The White House has announced its topline budget for the Department of Defense for fiscal year 2022. With us today to discuss the defense sector and topics of interest to investors in the sector is Scott Sacknoff, manager of the SPADE Defense Index—an investment benchmark for companies involved with the defense, homeland security, aerospace, and government space markets. To begin with, President Biden’s call for a national security budget of $753 billion.  How does this compare with prior years?

 

Scott Sacknoff: Overall it is a 1.7 percent increase over the FY21 enacted level. This includes the budget for the Pentagon as well as Department of Energy nuclear programs and other defense related activities outside of the DoD.  Of this total, $715 billion is directed to the Pentagon, a 1.6 percent increase over the FY21 enacted level of $703.7 billion. The goal of the White House at this time appears to be striking a balance between progressives on Capitol Hill calling for reduced budgets and defense hawks seeking a 3-5% annual gain to cover inflation. Overall, it is slightly more than the flat budget many expected. 

 

 

InvestorIdeas.com:  Only a top line number was released. When should we expect details?  

 

Scott Sacknoff:  When there is no change in an administration, a full detailed budget request is typically released in February by the White House. When an administration changes control, a delay is common.  We anticipate seeing something in May or early June. A new team can only change so much in a compressed timeline.

 

 

 

InvestorIdeas.com:  The Pentagon, NASA, and other agencies typically provide a five-year outlook on its spending as part of the budget release. Will that be published as well? 

 

Scott Sacknoff:  It is doubtful that what is known as the Future Years Defense Program (FYDP) projections will be completed in time. The Biden Administration will likely want to put its own stamp on defense strategy and will seek to shift the budgets accordingly. The impact of any changes won’t really be felt until FY23. 

 

 

InvestorIdeas.com:  Are there any other factors influencing FY23 and beyond?

 

Scott Sacknoff:  There will undoubtably be debates regarding the budget and the deficit, first with increasing the debt cap later this year and then with the FY23 budget expected next February.  For the past several years, Congress has been operating under the Budget Control Act restrictions. With the expiration of the BCA, Biden has stated that he wants to boost nondefense spending by 16% to $769B, which they state is 3.3% of the US GDP, roughly equal to the 30-year average. How this impacts defense spending at this time is not really known. A growing economy over the next 12 months or a rise in global conflicts post-COVID could dampen any impact. 

 

 

InvestorIdeas.com:  Which areas of defense will likely benefit?

 

Scott Sacknoff: General Mark Milley, the chairman of the Joint Chiefs of Staff, has advocated for “heavy investment” in sea, air, and space-centric platforms. The Administration stated it will prioritize R&D spending to drive innovation and develop next-generation capabilities. Based on comments, shipbuilding including next-generation attack submarines, remotely piloted vehicles and drones, the B-21 bomber, and space systems are likely to benefit. New investments, such as DARPA’s LongShot program or a recent hint to a next-generation fighter aircraft platform, are likely to emerge.

 

 

InvestorIdeas.com:  Which areas will be negatively impacted?

 

Scott Sacknoff: To pay for the above, the Pentagon will likely redirect resources from legacy programs and reduce the current size of the Army. Additionally, while spending on nuclear missile modernization under the Ground Based Strategic Deterrent program (the replacement for our ICBMs) will rise dramatically over the coming decade, a restructuring to free up capital is likely to occur. 

 

 

InvestorIdeas.com:  How does the elimination of the Overseas Contingency Operations budget line-item impact firms? 

 

Scott Sacknoff:  It really doesn’t. The OCO was created to cover unforeseen costs in the war on terror and to bypass the Budget Control Act spending limits, since war spending wasn’t subject to the cap. OCO spending has declined significantly in recent years and will be integrated into the base defense budget.

 

 

InvestorIdeas.com:  Any other insights from the budget release?

 

Scott Sacknoff:  The document specifically states that the top challenge of the DoD is to counter the threat from China and deter “destabilizing behavior by Russia.”  Additionally, it mentioned that the Pentagon will likely play an increased role in, “programs that support biological threat reduction in cooperation with global partners, emerging infectious disease surveillance, biosafety and biosecurity, and medical countermeasure research and development.”

 

 

InvestorIdeas.com:  In your most recent SPADE Investor newsletter, which is available for free on your website, you mentioned that an important growth area for defense firms has been international sales. And that it is important to see what policy the White House takes in this area.

 

Scott Sacknoff:  For a number of firms, sales to nations outside the United States, its strategic partners and others, represents significant revenues and is highly profitable. There was a question about how this new Administration would handle these requests, which many times can require DoD, Department of State, White House, and/or Congressional approval. In late March, the administration approved a number of smaller deals to NATO, Jordan, and Chile while restricting purchases of weapons by Saudi Arabia, due to its involvement with the assassination of an American journalist and publicized atrocities in its war with Yemen. So, it remained unclear what direction the White House would go—activist or more free market. This appears to have been clarified when, in mid-April, the White House gave its blessing to a $23.3 billion arms sale to the UAE that many believed would be canceled or at least significantly delayed.

 

 

InvestorIdeas.com:  Before we conclude, how did the sector perform in the first quarter or 2021?

 

Scott Sacknoff:  The SPADE Defense Index gained 7.12%, outperforming the S&P500 which gained 5.77%.  And in early April, the Index once again hit historic highs. 

 

 

InvestorIdeas.com:  Thank you for taking the time to update us on the sector. For more information about the SPADE Defense Index, please visit spadeindex.com/defense.  To learn more about the Invesco Aerospace and Defense ETF (NYSE: PPA) that tracks this benchmark, please visit the Invesco website.

 

* * *

 

 

Disclosures

 

SPADE Indexes LLC is the owner of the trademarks, service marks, and copyrights related to the SPADE Indexes.

 

This interview does not constitute an offer of an investment product. SPADE Indexes makes no representation regarding the advisability of investing in vehicles based on any of its indexes including the SPADE Defense Index. All information is provided ‘as is’, for information purposes only, and is not intended for trading purposes or advice. Neither SPADE Indexes nor any related party is liable for any informational errors, incompleteness, or for any actions taken based on the information contained herein. For additional disclosures and disclaimers, please visit the SPADE Indexes website at: http://spadeindex.com/about-spade-indxes/legal-and-disclaimers/

 

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Breaking #AI #Biometric #Stock News: GBT (OTC PINK: $GTCH) Filed a Nonprovisional patent for Systems and Methods of Facial and Body Recognition, identification and analysis; #ArtficialIntelligence

 Breaking #AI #Biometric #Stock News: GBT (OTC PINK: $GTCH) Filed a Nonprovisional patent for Systems and Methods of Facial and Body Recognition, identification and analysis; #ArtficialIntelligence

 

San Diego, CA, March 30, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTCPINK: GTCH) ("GBT” or the “Company”) with GBT Tokenize Corp. (“GBT/Tokenize”) filed with U.S. Patent and Trademark Office (“USPTO”) a nonprovisional patent for systems and methods of facial and body recognition identification and analysis. The application has been assigned serial number 17212235 and the filing date is March 25, 2021.  As a reminder the Company advised on its release from February 16, that the deadline for filing a U.S. nonprovisional, PCT, or other foreign applications is February 9, 2022.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/03301Nonprovisional-Patent.asp

 

The present invention relates to systems and methods for learning and recognizing features of an image such as a human face and unlocking functions for any computer or smartphone screen based on facial and body recognition, including covered face or body.

 

Many mobile devices such as smartphones include a facial identification (ID) recognition system that learns the user’s facial features and unlocks the phone upon its user’s face image. Due to the COVID-19 pandemic, in most public places a face cover or facemask is required. However, the presence of a face cover or mask interrupts the face recognition unlocking feature on most mobile devices. Accordingly, there is a need for a system and method that can learn and recognize a partially covered human face and method that can unlock a mobile device based on recognition of a partially covered human face.

 

The invention, in its many embodiments, alleviates to a great extent the disadvantages of known devices, systems, and methods by providing an AI-based computer vision systems and methods to lock and unlock a mobile device such as a smartphone with or without face (mask) coverage. The user trains the system once without a face cover (mask). After the initial training, the system is capable of identifying the user’s facial features with or without a face cover or facemask, and is capable of locking or unlocking a smartphone/electronic device. After learning the user’s body’s features, the system can monitor bodily changes like weight gain and other changes, alerting the user in real time.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system or that it will be granted the patent (or prior provisional patent).  In order to successfully implement this system, 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

Investorideas.com

 

More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

Get News Alerts on GBT Technologies Inc GTCH

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GTCH is a PR, social media and publishing client and compensates Investorideas.com https://www.investorideas.com/About/News/Clientspecifics.asp

Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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