Fobi Brings Draganfly's Vital Intelligence Smart Vital System to its Venue Management System for Events

Sam Msiska
2 min read
0
In this article:

Photo by Product School on Unsplash

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Draganfly Inc. (NASDAQ: DPRO) (CNSX: DPRO), a renowned drone solutions and systems developer, has gone into a partnership agreement with Fobi AI Inc. (TSXV: FOBI) to have its Vital Intelligence Smart Vital System integrated into Fobi AI Inc.'s Venue Management System for Conferences & Events.

  • This partnership means that the company`s venue management platform will now have Draganfly's Smart Vital assessment system as a key component of Fobi’s Passcreator mobile Wallet passes, proprietary Smart Tap Devices, Smart Scan Pass Validation App, and Insight Portal for event analytics.

  • Before an event, Fobi allows organizers to prompt guests to complete a health screening protocol using their mobile phones. With Draganfly`s Smart Vital System, organizers will now be able to monitor vital signs which include body temperature, heart rate, breathing rate, and blood oxygen content using the phone's camera, with voluntary consent from the guest.

  • Draganfly`s Vital Intelligence products have been transformers in universities, hotels, casinos, shopping centers, and other high-traffic locations. According to the company's CEO, Cameron Chell, Vital Intelligence products have been game-changers for universities, corrections facilities, sporting events, and large-scale conferences over the course of the past 18 months. The CEO expressed the company`s excitement to partner on Fobi`s platform that will help to ensure people can confidently attend conferences and events.

  • In April, Fobi helped bdG Sports stay operational through the pandemic when it created an end-to-end venue management solution that integrated on-site COVID-19 data to provide automated access control, check-ins, exposure tracing, and alerts. The technology was used to run venue management at the MGM Resorts Championship PGA event in Las Vegas.

  • Recently, Fobi signed a contract to bring its venue management solutions to the Canadian Hockey League, the world’s largest development hockey league with over 9 million fans attending games.

  • According to a study by Pollstar, the live events industry lost over $30 billion USD in 2020 because of the COVID-19 pandemic. However, the future of the industry looks positive as Market Research Future expects the global event management software market to grow to $14.6 billion by 2025 with a compound annual growth rate (CAGR) of 11.68%.

  • Fobi allows event organizers to manage access permissions based on automated health symptom pre-screening, customizable pre-screening questionnaires as well as vaccination status. Its recent CheckVax™ Validator is a universal proof of vaccination validation solution to support Smart Health Cards (SHCs) that have been adopted in some parts of the U.S. and Canada to check vaccination credentials.

  • Fobi believes the partnership with Draganfly will help businesses comply with health and safety protocols during this difficult time. Draganfly`s Vital Intelligence technology is helping Fobi quickly and safely respond to changing market needs.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Advertisement

Recommended Stories

  • Dow Jones Falls As Donald Trump Stock Craters; Cathie Wood Buys This Stock Amid 51% Plunge

    The Dow Jones fell as Elon Musk made a Tesla move. The Donald Trump stock sank on the stock market today. Cathie Wood bought a diving stock.

  • Wall Street Selloff Goes Global Amid US Rate Angst: Markets Wrap

    (Bloomberg) -- A selloff on Wall Street went global as investors grappled with the threat of higher-for-longer interest rates, China’s sluggish economy and an Israeli counter-strike. Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarApple Faces Worst iPhone Slump Since Covid as Rivals RiseIsrael Versus Iran — What All-Out War Could Look LikeTesla Executive Baglino Leaves as Musk Lose

  • Trump Media stock tanks on move to issue millions of shares

    Trump Media stock slid as much as 16% on Monday after the parent company of Donald Trump's social media platform, Truth Social, filed to issue more than 21 million shares.

  • 4 Oversold Stocks to Buy Right Now

    Here are four stocks to buy now that could offer investors upside in the short and long term.

  • Tesla layoffs hit high performers, some departments slashed, sources say

    Tesla management told employees Monday that the recent layoffs -- which gutted some departments by 20% and even hit high performers -- were largely due to poor financial performance, a source familiar with the matter told TechCrunch. The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter earnings. The move comes as Tesla has seen its profit margin narrow over the past several quarters, the result of an EV price war that has persisted for at least a year.

  • Nvidia Reveals 8 'Secrets' For When To Sell Stocks. No. 2 Is Key.

    As top growth stocks like Nvidia test key moving averages, keep in mind these proven rules for when to sell stocks.

  • Elon Musk Agrees With Jamie Dimon's Warning Of Political Polarization 'Creating Risks That Could Eclipse Anything Since World War II'

    JP Morgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon's annual shareholder letter is a moment investors await to understand the thinking of one of the world's most influential bankers. While there has been speculation of Dimon entering politics, with him even gaining the support of billionaire hedge fund manager Bill Ackman to run for president, JP Morgan shared in a statement that "Jamie has no plans to run for office" and that "he is very happy in his current role." That has not stopped him from oc

  • Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated

    California fast-food employees started earning a minimum of $20 an hour in April. Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, the minimum wage continues to be the statewide bottom of $16 an hour. The largest publicly-traded fast-food companies include McDonald’s Corp (NYSE:MCD); Starbucks Corp (NASDAQ:SBUX); Yum! Brands, Inc. (NYSE:YUM), which owns Tac

  • Xiaomi’s Success Means More Trouble for Battered China EV Stocks

    (Bloomberg) -- Xiaomi Corp.’s roaring entry into the electric vehicle market is dimming the recovery outlook for China’s beaten down auto startups.Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarApple Faces Worst iPhone Slump Since Covid as Rivals RiseIsrael Versus Iran — What All-Out War Could Look LikeTesla Executive Baglino Leaves as Musk Loses Another Top DeputyHype around the

  • Bitcoin Halving May Lead to Some Sales, Crypto.com CEO Says

    (Bloomberg) -- Bitcoin selling may become evident as the date of the so-called halving nears but the event is set to bolster the price of the largest digital asset longer term, according to the head of the Crypto.com exchange.Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarApple Faces Worst iPhone Slump Since Covid as Rivals RiseIsrael Versus Iran — What All-Out War Could Look Like