Predictiv AI (TSXV: PAI) has finally announced the commercialization of its ThermalPass thermal sensor temperature screening system. Following extensive prototyping, the device has moved into production planning and manufacturing phase of development, with the company announcing commercial availability of the product as of October 13, 2020.
The company has entered the production planning and manufacturing stage following a month of quality control and performance stress tests that were conducted on the device. Makel Engineering, a leading intelligent sensor, aeronautical and space science science firm, conducted the stress tests on the device to ensure product quality.
Efficacy and marketable functionality of the fever-detection system has been confirmed. The commercial launch of the product is to take place on October 13, with the company conducting a presentation at a client firm that employs over 200 people.
“For months we have been working with various organizations and businesses, in different verticals, collecting their feedback on what is important to their workplaces and public spaces as it relates to COVID-19 readiness. We learned much about the multiple uses ThermalPass can have for these industries and built an extensive pipeline for sales as we bring our system to market.”Michael Lende, President and CEO of Predictiv AI
ThermalPass is a fever-detection system the utilizes thermal sensors, rather than cameras, to detect a persons temperature. The use of sensors over that of cameras removes the possibility of infringing on a persons rights due to the lack of ability to identify the persons whom are using the device. The system is capable of taking up to 480 temperature readings per second without violating social distancing rules.
Predictiv AI last traded at $0.26 on the TSX Venture.
FULL DISCLOSURE: Predictiv AI Inc is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover Predictiv AI Inc on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.