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  • NexOptic Technology Corp. (NXO) has been developing its ALIIS technology, a machine-learning AI suite, and is ready to move into the next phase of commercialization
  • The company has engaged with a global leading engineering and software development company to develop its ALIIS Android demonstration app
  • NexOptic has also developed its own NVIDIA Jetson based evaluation kit that is currently in use by select prospective customers
  • NexOptic is an innovative imaging AI company headquartered in Vancouver, with operations in Seoul, South Korea
  • NexOptic Technology Corp. (NXO) is up 9.89 per cent, trading at $0.50 per share

NexOptic Technology (NXO) is ready to move into the next phase of commercialization of its ALIIS technology.

All Light Intelligent Imaging Solutions (ALIIS) instantly enhances images and videos and can be integrated with smartphones, smart security cameras, IoT devices, automotive platforms, medical imaging, and more.

The platform also compresses the image data and reduces its file size, making it ideal for the storage and transmission of image data.

As part of enabling the company’s Korean team, NexOptic has engaged with a global leading engineering and software development company to develop its ALIIS Android demonstration app.

With the help of this development partner, the company can focus on its core AI technology while still delivering a polished technical demonstration tool to clients.

Paul McKenzie, NexOptic’s co-founder and CEO, commented on the company’s next steps.

“We’re at the beginning of a paradigm shift within the entire imaging industry whereby camera platforms are increasingly becoming AI centric on the device itself,” he said. “We’re increasingly well positioned to become a significant contributor in this fast-growing AI on-device trend.”

NexOptic has also developed its own NVIDIA Jetson-based evaluation kit that is currently in use by select prospective customers.

The kit leverages the raw performance of NVIDIA’s Jetson platform and runs all of Aliis’ algorithms on real-time HD video coming from the bundled machine vision camera.

NexOptic is an innovative imaging AI company headquartered in Vancouver, with operations in Seoul, South Korea.

NexOptic Technology Corp. (NXO) is up 9.89 per cent, trading at $0.50 per share as of 3:01 pm ET.

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