NexOptic Technology Corp. (NXO:TSX.V; NXOPF:OTCQB) announced in a news release it has improved its Advanced Low Light Imaging Solution (ALLIS) through artificial intelligence and its patent-pending, deep learning algorithms.
For one, the ALLIS technologically radically reduces image noise that all camera systems experience. It allows for real-time correction of images or video taken with suboptimal light, which translates into more efficient streaming or storing of media files.
Specifically, the newly enhanced ALLIS now requires more than 200% less computation, and it now reduces file size by about 100 times. ALLIS offers other improvements to downstream applications, such as facial recognition and computational photography.
These upgrades allow ALLIS to be more broadly integrated, now in smaller imaging devices as well, like smartphones, tablets and security cameras. This equates to about a fivefold increase in the number of image sensors that can be ALLIS enabled.
NexOptic is looking to integrate and distribute ALLIS through semiconductor sales, as it sees this as the most efficient way to secure a position in the optics industry. Accordingly, the company has been meeting with imaging and AI semiconductor manufacturers.
"ALLIS' increased efficiencies have allowed us to become highly selective in whose semiconductors we will be supporting going forward, NexOptic Chairman Rich Geruson said in the release. "These options should enable NexOptic to receive better industry-wide acceptance of ALLIS."[NLINSERT]
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with NexOptic. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this interview, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexOptic, a company mentioned in this article.