STOCK TITAN

DEEPSPATIAL INC - DSAIF STOCK NEWS

Welcome to our dedicated page for DEEPSPATIAL news (Ticker: DSAIF), a resource for investors and traders seeking the latest updates and insights on DEEPSPATIAL stock.

Deepspatial Inc. (CSE:DSAI)(OTCQB:DSAIF) is a cutting-edge outcome-based artificial intelligence company that specializes in empowering organizations to make informed decisions by leveraging the power of data and AI. The company has achieved significant market penetration in the transformative education sector, securing government contracts and strategic partnerships to drive revenue generation. Deepspatial AI's proprietary Geo-AI Analytics Platform offers sector-specific insights in education, agriculture, and enterprise segments, enabling clients to make data-driven decisions. With a focus on scalability, customizable subscription services, and a commitment to advancing data-driven solutions, Deepspatial AI is at the forefront of technological innovation in education and beyond.

Rhea-AI Summary
Deepspatial Inc. closes second trance of private placement, raising $300,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
DeepSpatial Inc. closes first tranche of private placement, raising $585,000
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary
DeepSpatial announces private placement and shares for services
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Deepspatial (CSE:DSAI)(OTCQB:DSAIF) has been elected as an associate member of the World Geospatial Industry Council (WGIC) board, enhancing its role in the geospatial industry. This election illustrates Deepspatial's commitment to driving economic growth and social development through geospatial technology. Dr. Bushra Zaman, Director for Data Science, will represent the company on the board, promoting knowledge exchange and collaboration within the industry. Dr. Rahul Kushwah, CEO, expressed enthusiasm, emphasizing the opportunity to expand their influence globally and advocate for business interests. Additionally, Deepspatial issued 375,000 common shares to consultants at $0.06 each, with a hold period of four months. The company aims to provide innovative AI-driven solutions across various sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Deepspatial Inc. (CSE:DSAI)(OTCQB:DSAIF) has successfully closed the final tranche of a non-brokered private placement of unsecured convertible debentures, raising $102,750. The debentures will accrue interest at 10% annually and mature in two years. Investors can convert the principal into units at a price of $0.15 per unit, which includes one common share and half a warrant, with the latter exercisable at $0.30 for two years. The proceeds will be utilized for general working capital. All resulting securities are subject to a hold period expiring on July 25, 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Deepspatial (CSE:DSAI)(OTCQB:DSAIF) has secured a 3-year contract worth CAD $1.5M with the Government of Uttarakhand, India, to utilize its Geospatial AI platform. This initiative aims to enhance agriculture by enabling efficient crop-cutting experiments and on-field surveys, benefiting farmers and government officials. The Indian agriculture market was valued at USD 435.9 billion in 2022 and is expected to grow at a CAGR of 4.9% from 2023 to 2028. CEO Dr. Rahul Kushwah expressed optimism about future contracts and plans for dividends, indicating a focus on long-term shareholder value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Deepspatial (CSE:DSAI; OTCQB:DSAIF) has partnered with the University of Southern California (USC) to leverage its Geospatial AI technology for public health initiatives. This collaboration aims to enhance decision-making in healthcare by utilizing population data, resulting in peer-reviewed publications. The partnership follows Deepspatial's participation at the 2022 UNESCO AI Conference, where it showcased its impact on community development. CEO Dr. Rahul Kushwah emphasizes that the partnership will both share expertise and contribute to sustainable development goals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
partnership
-
Rhea-AI Summary

Deepspatial Inc. (CSE: DSAI)(OTCQB: DSAIF) announced the closing of a first tranche of a non-brokered private placement of unsecured convertible debentures, raising a total of $572,500. The debentures carry a 10% annual interest rate and mature in two years. Investors can convert them into units at a price of $0.15 each, with each unit comprising one share and half a warrant. If the share price reaches $0.30 for ten consecutive trading days, conversion will be mandatory. The proceeds will support general working capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Deepspatial has secured a significant contract with the Food, Civil Supplies, and Consumer Affairs Department of Meghalaya, marking its entry into a lucrative government sector. Utilizing its GeoAI Platform, the company will enhance public distribution services by providing targeted marketing intelligence. The market for geotargeted marketing is projected to grow from USD $10.7 Billion in 2020 to USD $32 Billion by 2025. This contract presents potential for expansion across various states in India, indicating a strategic growth opportunity for Deepspatial.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Deepspatial has secured a revenue-generating contract with a top FMCG company in South Asia to optimize its distribution network using Deepspatial's Geo.AI platform. This four-month project aims to address the challenges faced by FMCG firms, including cost minimization and meeting diverse customer demands. Successful outcomes may lead to broader collaboration. CEO Dr. Rahul Kushwah emphasized the importance of expanding enterprise offerings and technological development, aiming to enhance shareholder value amidst growing demand in a highly competitive market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of DEEPSPATIAL (DSAIF)?

The current stock price of DEEPSPATIAL (DSAIF) is $0.035 as of September 20, 2024.

What is the market cap of DEEPSPATIAL (DSAIF)?

The market cap of DEEPSPATIAL (DSAIF) is approximately 3.6M.

What is Deepspatial Inc. known for?

Deepspatial Inc. is known for being an outcome-based artificial intelligence company that enables organizations to enhance their decision-making capabilities through data and AI.

What sectors does Deepspatial AI operate in?

Deepspatial AI operates in sectors such as education, agriculture, and enterprise-specific segments.

What does Deepspatial AI's Geo-AI Analytics Platform offer?

Deepspatial AI's Geo-AI Analytics Platform offers sector-specific insights and scalable solutions across education, agriculture, and enterprise segments.

What recent achievements has Deepspatial AI made?

Deepspatial AI has achieved significant market penetration in the transformative education sector, secured government contracts, and developed strategic partnerships to drive revenue generation.

What sets Deepspatial AI apart in the AI industry?

Deepspatial AI's commitment to scalability, customizable subscription services, and advancing data-driven solutions sets it apart in the AI industry.

DEEPSPATIAL INC

OTC:DSAIF

DSAIF Rankings

DSAIF Stock Data

3.55M
53.07M
55.82%
Software - Infrastructure
Technology
Link
United States of America
Toronto