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Digital Media Professionals shares untraded at limit-high on India AI drone tie-up
Digital Media Professionals Inc. <3652> shares were untraded at a limit-high bid of 3,015 yen, up 504 yen from the previous close. The surge followed the 12:30 p.m. announcement on April 28 that the company signed a strategic memorandum of understanding (MOU) with Indian drone technology leader ideaForge Technology. Under the partnership, ideaForge will develop next-generation AI drones equipped with Digital Media Professionals’ "Di1" edge AI system-on-a-chip (SoC). The collaboration also aims to facilitate ideaForge’s entry into the Japanese market with support from Digital Media Professionals, which will spearhead customer development and sales. The integration of the Di1 chip into ideaForge’s unmanned aerial vehicle (UAV) platform is expected to enable advanced autonomous functions, attracting significant buying interest.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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