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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.
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