Iveda Partners with Evergreen Aviation, Revolutionizing the Unmanned Aerial Vehicle Industry
April 18 2023 - 9:10AM
Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI video
and sensor technologies, today announces a partnership with
aircraft maintenance solutions provider, Evergreen Aviation
Technologies Corp. (EGAT) to bring cutting-edge Unmanned Aerial
Vehicles (UAVs) to the global market. Through this collaboration,
Iveda will also gain worldwide rights to promote and sell military
grade drones that can fly at 10,000 to 30,000 feet, vastly
expanding EGAT’s reach cross-border.
Leveraging each company’s technological
developments, Iveda and EGAT together will provide governments and
military groups around the world access to state-of-the-art smart
drones, effectively enhancing surveillance capabilities. Through
this joint operation, EGAT will provide Iveda with the assets,
technical support, and training to facilitate the promotion and
sale of its UAV products on a global scale, especially important as
Fortune Business Insights predicts the UAV drone market to reach
$25.13B by 2027.
“At Iveda, we’re always keeping our ears to the
ground surrounding the latest needs of government groups and
municipalities around the world,” said David Ly, Iveda CEO and
founder. “This partnership with EGAT was triggered by interests and
solicitations to Iveda from multiple nations for military smart
drones, and promises to bring innovative, state-of-the art UAV
technology to the global market, driving growth for both
companies.”
Together, EGAT and Iveda will explore the
development of smart drone features, including Iveda’s AI Video
Analytic and sensor technologies. Powered by AI technology, smart
drones can send real-time alerts and detections to those monitoring
for risks –– not just after the fact analysis. IvedaAI allows
in-the-moment detection, allowing government and military officials
to greatly speed up response times. Iveda-powered UAVs can monitor
an expansive stretch of land in real time, making them critical,
next-generation tools for military groups including coast guards.
Providing visibility far beyond human sight, smart drones have the
potential to prevent major security breaches, arming military and
government associations around the globe with the technology needed
to keep citizens safe.
“The entire EGAT team is thrilled to come
together with Iveda to make major strides in the advancement of
smart drones,” said Simon Hung, VP of Aviation Manufacturing at
EGAT. “This partnership will undoubtedly take UAV technology to new
heights, as we work with Iveda to expand our global footprint for
national security and surveillance use cases and beyond.”
Through global partnerships and innovations like
this, Iveda continues to expand its international footprint in AI,
IoT, and smart city innovation. To learn more, visit:
https://iveda.com/technology/iveda-smart-drone/
About Iveda
Solutions®
Iveda (NASDAQ:IVDA) is the provider of global
solutions for cloud-based, video AI search and surveillance
technologies that protect the people, places, and things that
matter the most. Iveda’s technology has the power to provide
instant intelligence to existing infrastructure, enabling cities
and organizations around the world to seamlessly enter the fifth
industrial revolution. Iveda operates at the forefront of digital
transformation of cities across the world, using IoT platforms with
smart sensors and devices developed to aid with use cases
surrounding public safety, security, elderly care, energy
efficiency, and environment preservation. Headquartered in Mesa,
Arizona, with a subsidiary in Taiwan, Iveda is publicly traded
under the ticker symbol “IVDA”.
About Evergreen Aviation Technologies Corp.
Evergreen Aviation Technologies Corporation
(EGAT), a joint venture between Evergreen Group's EVA Air and
General Electric (GE) since 1998, consistently delivers exceptional
aircraft maintenance solutions to airline partners.An FAA, EASA,
and JCAB Part-145 repair station, along with a host of other
agencies, EGAT has emerged as a reputable MRO service partner with
more than 40 airlines, being voted Best MRO in the region in 2009,
and 2011.
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Media ContactOlivia Civiletto
Erwinolivia@dottedlinecomm.com 617.477.9857
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