Dark Pulse, Inc., a technology company focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented BOTDA dark-pulse sensor technology (the โDarkPulse Technologyโ) which provides a data stream of critical metrics for assessing the health and security of infrastructure, today announced the signing of two purchase agreements which finalized the acquisition of both Remote Intelligence LLC., and Wildlife Specialists LLC, two firms together offering fully integrated, drone based, geo-recti๏ฌed, 3D modeled mapping for industrial applications, border security, critical infrastructure inspection, with specializations in the energy and environmental survey service, and specializations in the Oil & Gas industry.
Remote Intelligence provides premier unmanned aerial services as part of their holistic intelligence consultation and solutions. Remoteโs focus is aerial drone systems offering rapid comprehensive site mapping and aerial inspection services. They specialize in fully integrated, geo-recti๏ฌed, 3D modeled mapping for industrial applications in the energy and environmental industries. Remote also provides aerial survey, video inspection services, emergency support services, wildlife and habitat surveys, critical infrastructure, security perimeters and comprehensive system design, training, and sales for both the commercial and private sectors. Integrating the latest tech solutions including artificial intelligence, Remote Intelligence is globally connected with a base of operations in Pennsylvania.
โThese acquisitions bring capabilities for existing business through our subsidiary Optilan while expanding our services offerings immediately. Remote Intelligence not only allows platform integration with DarkPulseโs monitoring services by providing drone based โeye in the skyโ capabilities but allows DarkPulse and Optilan to expand its current service offerings to new and existing customers,โ stated DarkPulse Chairman and CEO Dennis OโLeary. โI look forward to integrating the teams from Remote Intelligence and Wildlife Specialists into our global footprint as we continue to expand the companyโs product offers to the global market.โ
Under the terms of the Purchase Agreements, DarkPulse has now acquired 60% of Remote Intelligence and 60% of its sister company Wildlife Specialists for an aggregate purchase price of $1,300,000, with $1,000,000 in cash and $300,000 in common shares of DarkPulse scheduled to be paid to the seller in two tranches, first $300,000 in restricted common shares and $500,000 cash payable at closing, and the remaining $500,000 cash paid within 12 weeks of closing.ย ย Additional cash will be invested in Remote and Wildlifeโs ongoing operations, to be applied towards working capital and expansion of the businesses.
