NexOptic Technology Corp. (“NexOptic”)(OTCQX:NXOPF) (TSX VENTURE:NXO) (FRANKFURT: E3O1) (BERLIN: E3O1) is pleased to announce that it applied, was selected and demonstrated its technology for General Dynamics Mission Systems–Canada Small and Medium Enterprise/Business Initiative. NexOptic was one of two SMEs selected to integrate its technology over the General Dynamics’ Future Tactical Network (“FTN”) – a secure LTE network designed for use in emergency and defense operations.
Using its proof of concept prototype containing the original, and patented, Blade Optics™ lens design (see Company press release from February 21, 2017 for further details), NexOptic demonstrated video feeds through the secure network from a field reconnaissance position displaying a target approximately 13km away. The initiative was held at the Calgary General Dynamics facility and led to multiple demonstrations for General Dynamics’ clients. The demonstration utilized General Dynamics’ Future Tactical Network, which allows for secure LTE & Wi-Fi communication between vehicles, command centers and headquarters, as well as allowing non-secure traffic to be broadcasted without affecting the secure channels.
John Daugela, CEO of NexOptic, stated, “ We are grateful for the opportunity General Dynamics provided our team in showing members of the defense industry potential use-cases for our technology in a new sector.” Mr. Daugela continued: “Utilizing General Dynamics’ Future Tactical Network
About General Dynamics Mission Systems-Canada
General Dynamics Mission Systems-Canada is a business unit of American defense and aerospace company General Dynamics, one of the largest defense contractors in the world.
General Dynamics Mission Systems-Canada is one of Canada’s largest and most established defence systems integrator and one of Canada’s leading C4ISR and defence electronics companies, with a worldwide reputation for excellence in the production of technology-based, integrated solutions for land, airborne, maritime and public safety applications.
Established in 1948, the company has been a trusted and reliable partner to Canada’s Department of National Defence for more than 60 years and continues to develop innovative, low-risk solutions that enable the Canadian Forces to operate safely and efficiently.
As a global defence technology supplier, the company’s capabilities have been acknowledged by militaries around the world including armed forces in the United Kingdom, the United States and more than 20 other allied nations where General Dynamics’ tactical systems and products are currently in service. The export of its technology internationally is helping to distinguish and brand Canada’s defence sector.
About NexOptic Technology Corp.
NexOptic is a creative optical development company which aims to enhance the way we view the world around us. Currently focused on engineering its first consumer product for the growing outdoor recreation market, as well as a demonstration prototype for the mobile device space, NexOptic is aggressively pursuing a multi-pronged optical innovation strategy. Utilizing Blade Optics™, the Company’s developing suite of innovative optical technologies, NexOptic aims to increase aperture sizes within given depth constraints of various imaging applications. Increasing the aperture size enables a lens system to have an improved diffraction limit, thus providing the potential for increased resolution capabilities.
Blade Optics™ refers to NexOptic’s lens designs, algorithms and mechanics which vary from patented, patent-pending and includes all of the Company’s intellectual property and know-how.
NexOptic trades on the OTCQX under the symbol “NXOPF,” on the TSX Venture as “NXO,” on Frankfurt as “E3O1” and Berlin as “E3O1.” More information is available at www.nexoptic.com.
On behalf of the Boards of Directors
NexOptic Technology Corp.
John Daugela, CEO & Director
www.NexOptic.com
Look@NexOptic.com
+1 (604) 669 – 7330
OTCQX: NXOPF
TSX-V: NXO
Frankfurt: E3O1
Berlin: E3O1
Forward- Looking Statements
This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws, including, but not limited to, statements with respect to expectations concerning the development of its technology, new products and designs, the potential applications of the Company’s technologies and its potential markets. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates and are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
