Iveda and Evergreen Aviation to Revolutionize the Unmanned Aerial Vehicle Industry

Aerospace and Defense Review | Friday, May 05, 2023

Iveda's worldwide footprint in AI, IoT, and smart city innovation grows through partnerships and ideas like this.

FREMONT, CA: “At Iveda, we're always keeping our ears to the ground surrounding the latest needs of government groups and municipalities around the world," says David Ly, Iveda CEO, and founder. Iveda®, the global solution for cloud-based AI video and sensor technologies, has partnered with Evergreen Aviation Technologies Corp. (EGAT), a provider of aircraft maintenance solutions, to introduce cutting-edge Unmanned Aerial Vehicles (UAVs) to the global market. Through this partnership, Iveda will also obtain the global rights to market and sell military-grade drones that can fly between 10,000 and 30,000 feet, greatly expanding EGAT's international reach.

"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," adds Ly.

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Iveda and EGAT will provide governments and military organizations around the globe with access to cutting-edge smart drones, thereby augmenting their surveillance capabilities. EGAT will provide Iveda with the assets, technical support, and training necessary to facilitate the global promotion and sale of Iveda's unmanned aerial vehicle (UAV) products. This is especially significant given Fortune Business Insights' prediction that the UAV drone market will reach $25.13 billion by 2027.

EGAT and Iveda will investigate the development of intelligent drone capabilities, including Iveda's AI Video Analytic and sensor technologies. Powered by AI technology, intelligent drones can send real-time alarms and detections to those monitoring for risks instead of post-hoc analyses. IvedaAI enables real-time detection, enabling government and military officials to drastically reduce response times. UAVs powered by Iveda can monitor a vast expanse of land in real-time, making them indispensable, next-generation instruments for military organizations such as the Coast Guard. Smart drones can potentially prevent significant security breaches, arming governments and militaries worldwide with the necessary technology 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," says 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."

Iveda continues to expand its international presence in AI, IoT, and smart city innovation through global partnerships and developments such as these.

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