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Volt Power’s (ASX:VPR) EcoQuip begins trial with the Commonwealth of Australia

ASX News, Technology
ASX:VPR      MCAP $10.71M
13 April 2022 17:07 (AEST)
Volt Power (ASX:VPR) - Managing Director & CEO, Adam Boyd

Source: Business News

Volt Powers’ (VPR) 70 per cent owned subsidiary EcoQuip has signed a proof of concept demonstration agreement with the Commonwealth of Australia.

The one-month trial will see the company’s Autonomous Communications Sentinel (ACS) solution deployed in order for the Commonwealth to assess its capabilities.

VPR says the proof-of-concept ACS is a situational security awareness solution designed for unmanned deployment in remote locations.

ACS consists of a Mobile Solar Communication Tower, designed by EcoQuip, with the incorporation of an AI camera-related technology and software and live satellite uplink capability.

In the trial, a proof-of-concept ACS will be deployed for an initial period of one month, so the Commonwealth can evaluate its situational awareness and performance capability and reliability.

Volt CEO and Managing Director, Adam Boyd, said the company was “excited” to be showing the “capability” of the ACS.

“The ACS capabilities have the potential to provide real-time and cost-effective data communication, network reliability and situational awareness solutions at remote sites for multiple industries including the construction, resource sector markets and security related applications,” he said.

“The development of the ACS was completed on an accelerated timeline. The combined effort of the EcoQuip team and its partners to create this solution in a limited timeframe is commendable.”

Shares in VPR were down 20 per cent today, trading at 0.2 cents at market close.

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