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MultiSensor AI Holdings Inc develops and sells a full-stack, AI-driven predictive maintenance solution. MultiSensor AI's SmartIR and associated software platforms, powered by AWS, leverage MSAI-built thermal imaging, visible imaging, acoustic imaging, vibration, and laser sensing devices for condition-based monitoring of critical mechanical and electrical assets and manufactured outputs. Its solutions are deployed by organizations to protect critical assets across a wide range of industries including distribution & logistics, manufacturing, utilities, and oil & gas. MSAI designs and manufactures digital thermal sensing solution platforms with edge and cloud-based software. The company generates the majority of its revenue from product sales.
MultiSensor AI has announced compliance with Nasdaq's continued listing criteria. The company, specializing in AI-powered industrial maintenance and process control, received written confirmation from Nasdaq that it has met the standards required for continued listing. As a result, MultiSensor AI will be removed from Nasdaq's list of noncompliant companies. Further details can be found in the company's Current Report on Form 8-K.
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