Dark Pulse (OTCMKTS:DPLS), a technology company well-known for its patented BOTDA dark-pulse sensor system that provides critical metrics via data streams to assess the health and security of infrastructure, has just acquired TerraData Unmanned. The latter is a drone based company that offers multiple platform capabilities that includes fully integrated, drone-based, geo-rectified, 3D modeled mapping for industrial applications including transportation departments, water management agencies, and engineering firms. It also inspects culverts, bridges, piers, dam and lock systems, water treatment facilities and more.
Terradata COO, Justin Dee says that the company strives to offer value by delivering custom and complex unmanned remote sensing systems, services and consulting. DarkPulse will ensure the future success of projects and service offerings that are currently in development. The USA is in dire need of TerraData’s ROV Inspection Services as they struggle to assess conditions and deterioration of aging infrastructure. Since underwater inspection via their unmanned vehicles (UUV) is their forte, safety concerns of human divers, can thus be taken care of.
DarkPulse CEO, Dennis O’Leary says they are working to develop cutting edge drone technologies for sale to both commercial and government critical infrastructure/key resources markets. Production is set to begin at their Tempe electronics manufacturing space.
Market Reaction:
On Monday, DPLS stock fell 5% at $0.0894 with more than 37.81 million shares, compared to its average volume of 73.11 million shares. The stock has moved within a range of $0.0870 – 0.0969 after opening the trade at $0.0934.