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GBT Technologies Adapts Pioneering Apollo Technology for Next-Generation Counter-Drone System
SAN DIEGO, April 11, 2024 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) (the “Company”) has recently announced the use in a testing scenario of its innovative Apollo computer vision technology for a Counter-Unmanned Aerial Systems (CUAS) application. VisionWave Technologies, Inc., which acquired Apollo and which is partially owned by the Company is working to adapt the Apollo computer vision technology system which combines advanced radio frequency (RF) technology and artificial intelligence (AI) with the goal of enhancing drone defense capabilities.
The CUAS system is designed to offer a robust defense package. It utilizes advanced RF technology and sophisticated neural networks to create accurate 3D images and video feeds. This enables operators to detect, identify and track potential drone threats in real-time. The system's AI core rapidly analyzes data, detects hostile UAVs, and makes informed decisions to neutralize them, ensuring maximum efficiency and effectiveness.
The CUAS system is not being offered as just a product, but rather a complete defense solution with the goal of assimilating into the modern security landscape. The goal of CUAS which is still under development and is currently being tested is to enhance national security by protecting critical infrastructure and assets from unauthorized drones, which can also be used by private property holders. The Company is committed to developing intelligent solutions that address the evolving needs of national security and private sector defense. This adaptation of Apollo technology represents a pioneering approach to CUAS.
There is no guarantee that VisionWave Technologies, Inc. will be successful in researching, developing or implementing this system. In order to successfully implement this concept, VisionWave Technologies, Inc. will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, VisionWave Technologies, Inc. would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that VisionWave Technologies, Inc. will be successful in any or all of these critical steps.
About Us
GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission is to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman, CTO
info@gbtti.com
https://www.globenewswire.com/newsroom/ti?nf=OTA4NzM0OSM2MTk1MTEwIzIxODg0MjM=
https://ml.globenewswire.com/media/NGFlNmQ1MWYtZDYzYi00MjU2LWExMmUtYzY3MDM0MDI4ZmNlLTExOTk5NzY=/tiny/GBT-Technologies-Inc-.png
Source: GBT Technologies Inc.
© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTCH/news/story?e&id=2823309
Huge news out let’s hope we go back up$$$ good luck y’all
"no one wants to buy it ". Safe to say right now. Three years of drag pretty much explains it - with a few ups as well. Depressed pricing certainly provides incentive to buy if the retail trader has any speculative drive. Many do, thus the inflated O/S where, as the management released more A/S to O/S, they were gobbled up.
Yet those buyers, including myself, gave little attention to WHEN. The POTENTIAL remains, but for 3 years now, nothing substantive occurred to warrant an actual rise in the pps, in fact, the reverse occurred. Now most SHs own gobs of GTCH at pricing far less than what I paid to initially enter the game. For sure I bought more as the pps tumbled to lower my own personal GTCH pps. Still much higher than the current pps.
Even so, you are correct: I am done buying shares. Buying pretty much belongs to short newbies now. I can only wait. Boring as hell.
The REAL question remains though... Do I remain positive when thinking of potential? Of course!!! SHOW ME THE POTENTIAL!
Seems you're way too new for penny plays,..I can help,..
Most of these "no bid" plays end up like GNCP= no bid stuck money for years.
I've got around 3mil in that, stuck in forever land, (got most of it out except,...those).
Back in the day,, I had like 20mil & made bucks but, I also knew it was a flash-bang run.
Back to GTCH & no-bid plays,..
the biggest problem is, it's no bid= no one wants to buy it & the ask is stacked because peeps want out,
your account may say 5m @ .0001= $500 but you can't get that money out because no one wants to buy it.
It's stuck money in forever land.
As they say in Penny Land,...only bet what you can afford to loose because,...
you're most likely to loose it,...expectably in the begining.
Cheers
Kinda does, it shows the "wall" before L2 resets;
My past posts show 100mil+,...then 45-34.
What got me was seeing what's stacked @ 2, haven't seen that for a bit.
So, a number of 1's got pulled off the ask towards the end,
question is,.....why 🤔
I for one am a tad over extended on a "no bid" but,
I seen possibilities last month with the action.
Cheers
Something is def coming…been way to long for this puppy to not go out for a run! Dangling with anticipation!!
HOLD THE LINE, something big is coming, JMO.
Sooo…hmmmm, I guess we should address the elephant in the room…many of us newbies wants to know from the longs…is this a money sucking pig that we should get away from or is this future money we would do well to hold onto?!?
3 form1 trades after close? Crazy stuff with this ticket for sure.
86M traded...does not matter what you see the L2 close at. Trade demands accommodated with the never-ending supply of magic.
GTCH .0001s falling nicely today
Actually wouldn't mind a bite or two @ 2,,...or 3,
if you know what I mean
Cheers
34m on ask, was 25mil a few min ago.
Cheers
THINKING OF MOVING OFF THIS DOG, SHOULD I HOLD FOR A BIT LONGER
It appears that everyone has their full off the GTCH plate of 1s.
At least L2 is preparing for the run. No walls.
Don't forget, GTCH gets a big chunk of AVAI's success
Well Tic ToC on that filing! Maybe we get some direction and leave .000 / .0000
Filing due in days. Would be nice to get a peep tweet! ✌️
Looking in from the outside..GTCH is a turd bloated pig of a stock. Being a huge shareholder I also see a bloated pig of a stock. 10K needs to happen! Patent news needs to happen…etc
Thought I saw only 27mil on the ask before L2 re-settled.
Cheers
I can understand why you'd give it a shot. As you point out, it's play money. Enjoy it. You're invested everywhere else, so why not have a little fun? GLTY.
I agree. It is only the time required to put it all together that I have such a hard time dealing with. Unfortunately, ALL my Pinky play money is in GTCH. Nothing else to get excited about. Why I may sound distraught is that my presence in Pinkyland DEPENDS on the final outcome of GTCH. Win or Lose????
I know, I am a dummy putting ALL my EGG in one basket....
IMO, GBT Tech is finding/creating opportunities to complete "proof of concepts" for its high potential ($'s) patents/technology. Many signs point to this such as Rittman's roles across the various companies.
Where is Volcano ? If Volcano comes back here I'm all in
Some interesting early volume in Avant today, with 21K shares traded (10 day average has been 11K).
This could be related to Avant acquring Wired-4-Health, as detailed in this PR from 8am this morning...
https://www.globenewswire.com/news-release/2024/04/09/2859940/0/en/Avant-Technologies-Acquires-Wired-4-Health-Advancing-AI-Interoperability-in-Healthcare-Data.html
GTCH is complicated. In math, complicated is champion of attention. In science, Nobel prizes are given for resolve. In business, money is to be made.
Inquiring minds want to know 🤔
It can’t really go any lower right, so i mean, it seems they are trying to make progress…. In some way lol, so the mental is only up from here.. just if, and when will an impact show..
Hold is all we can do, hope for the best. GLTA.
:)
Jesus..don’t write while driving..lol.
Is this thing a dead dog or is there life in the future..is what I meant to post
Well is thuu in a thing a dead dog or is there still life coming in the future??
IF they would take the fake shares off the ask and move them to the bid, then they become real shares, let that sink in.
No doubt, waiting is taking its toll. My postings seem frivolous and repetitive. No more posts until I actually have something to talk about. GTCH is so silent.
Thank you for your synopsis AND your opinions. Much appreciated! I too am curious about the mention of government applications and genuinely hope that is true. Have a great weekend.
(GTCH)
Naked Short Interest
GTCH
- Short Volume Report (REGSHO)
All RegSho Dated reported by: FINRA
Historical Short Volume Data for GTCH
Date Close High Low Volume Short Volume % of Vol Shorted
Apr 04 NA NA NA 37,743,823 37,734,996 99.98
Apr 03 NA NA NA 45,446,579 30,884,079 67.96
Apr 02 NA NA NA 16,765,336 11,539,367 68.83
Apr 01 NA NA NA 20,465,991 15,877,388 77.58
https://www.otcshortreport.com/company/GTCH
AG is the ticker for Majestic silver...it has done good lately but precious metals in general are going up.
Next Week??? For now, I remain convinced that MMs are issuing naked shares to any retail trader placing an order to buy at .0001. For the love of me, I cannot understand how or why the SEC allows this. Nurturing the retail trade is one thing (actively promoting trade - MM's function as I understand it), but to what extent can MM's ensure that each and every share they issue without a physical share (certificate) to back the count? It appears unlimited.
I do not see myself as being that foolish to believe that all shares can and will be accounted for in the 'end'. For example - those shares converted to an audited physical share count of a buyer's shares when GTCH shares undergo a conversion upon a buyout. Corrupt as hell as I see it. Don't think that retail trader's interests are fully accommodated. No doubt within my belief is that the retail trader suffers any "loss" as a result of this 'slippery finger count' due to the fact that the company buying GTCH "eats" any broker accounting of "actual" GTCH shares on account...backed by certificate or not. Magically, all false GTCH O/S shares that exist at that time, do, in fact, become certified with the buyer's shares, diluting real value at that point.
Where is the 'fair' in that?
Was just an obversion nothing else.
Cheers
GTCH MADBREW ,, My apoligies, i was on the way out the door when i realized caps lock on and didn"t have time to rewright. I rattled it out as it came to me, I will try to improve on that end. GLTA
Well I’m long and strong here! Lovely .0001 ticker! GTCH obviously has something to show us as we are all here! Right now it seems like a badminton game?!?! Patience is again gonna try the weak. GLTA
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As of December 29, 2021 • 7:31 AM ET
As of December 29, 2021 • 7:31 AM ET
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