PALM BAY, Fla., Nov. 27, 2023 /PRNewswire/ — Reticulate Micro, Inc. (“Reticulate Micro”, “Reticulate,” or the “Company”), whose mission is to create and curate communications technology and systems management platforms based on proprietary VAST™ technology that addresses the issues of limited data transports, deep fakes, and network fragility, announced the Company signed a memorandum of understanding (“MOU”) with Kraus Hamdani Aerospace (“KHA”), the world leader in building ultra-long endurance unmanned aerial platform (“UAP”) systems, to work toward integrating Reticulate Micro technology within KHA applications for jointly developed opportunities
Joshua Cryer, the Company’s President, and Chief Executive Officer, said, “We are ecstatic to announce our work with KHA. KHA is at the forefront of expanding the possibilities of unmanned aerial platform systems endurance and communications enablement, and incorporating Reticulate Micro’s VAST video compression software will help KHA take the next step in video capabilities.”
Fatema Hamdani, Chief Executive Officer and Co-Founder of Kraus Hamdani Aerospace, commented, “We are announcing our collaboration with Reticulate Micro, Inc., a strategic move aimed at integrating innovative technologies for our unmanned aerial platform systems. This partnership reflects our commitment to researching advanced video compression technologies to further enhance our unmanned systems. We are eager to explore the benefits that Reticulate Micro’s expertise can bring to our initiatives.”
About Kraus Hamdani Aerospace
Kraus Hamdani Aerospace (“KHA”) is the world leader in ultra-long endurance Unmanned Aerial Systems (“UAS”) systems. KHA’s K1000ULE is the world’s longest endurance fully electric zero emissions autonomous unmanned aircraft in its size and weight category. The K1000ULE provides a wide array of payload capabilities while mimicking nature by utilizing onboard Artificial Intelligence to silently glide through the air like a bird and generate clean onboard energy. KHA offerings comprise aerial based data, intelligence, and communication services to address critical customer needs within various sectors such as emergency and disaster relief, data and telecommunications, defense, agriculture, oil and gas, climate change and wildlife preservation. For more information, visit www.krausaerospace.com.
About Reticulate Micro, Inc.
Reticulate Micro, Inc. seeks to be a market-leading provider of mission-essential, highly efficient, and ultra-secure video compression and analytics technologies. Our mission is to create and curate communications technology and systems management platforms based on our proprietary VAST™ technology that addresses the issues of limited data transports, deep fakes, and network fragility. Our hardware and software solutions are cloud-connected, coupling our proprietary video encoding algorithms with edge computational density and transport ubiquity, delivering superior video clarity and low latency to support decision-making. Our unique blend of algorithmic compression, data security, and virtualized infrastructure integration delivers immutable, verifiable, and trustworthy video data for military and first responder decision-makers, judicial systems, enterprise infrastructure monitoring and control, and general security solutions.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that are subject to various risks and uncertainties. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical facts, particularly those that use terminology such as “intends,” “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including our limited operating history, our ability to continue as a going concern, our ability to manage rapid growth, the potential loss of our senior officers and directors who we rely upon, our potential inability to maintain, train and build an effective sales and marketing infrastructure, our need for additional financing to accomplish our business strategy, the reception of our technology by the market, our ability to compete effectively in a very competitive environment, our ability to build brand awareness and brand loyalty, potential supply limitations, our potential inability to protect our intellectual property, the possibility that our products become obsolete, risks associated with our use of certain artificial intelligence and machine learning models, and failures, or perceived failures, to comply with privacy, data protection, and information security requirements in the variety of jurisdictions in which we operate or plan to operate. These and other factors may cause our results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements discussed in this press release, and other statements made from time to time by our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to publicly update or revise any forward-looking statement in this release, except in accordance with applicable law.