STOCK TITAN

DarkPulse, Inc. Subsidiary Optilan Again Closes Three Contracts Within Same Week

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

NEW YORK and HOUSTON, Aug. 26, 2022 /PRNewswire/ -- DarkPulse, Inc. (OTC: DPLS) ("DPLS" or "the Company"), today announced its wholly owned subsidiary, Optilan, has once again secured three contracts within the same week. The first two are related to the Oil & Gas Industry and located in Iraq and Qatar, respectively. A third contract was won for an offshore wind project located in the United States. We anticipate completion of all three contracts in roughly six months. The contract values total approximately USD $3M. Optilan has also successfully continued expansion of its Fibre and Emergency Response Services business unit.

$DPLS DarkPulse Subsidiary Optilan Signs Three Contracts in One Week for Oil & Gas, Offshore Wind

"We are beginning to see momentum grow as our subsidiaries continue to expand across multiple markets and multiple industries," said DarkPulse CEO, Dennis O'Leary. "Coupled with new key hires the Company recently announced and the successful streamlining of back office operations, we expect to see continued growth across all entities."

Optilan is a global provider of turnkey telecommunications and security systems, and integration services intended to offer one-stop-shop services for all aspects of security and communication applications. The company's services include design, installation, commissioning, support, and maintenance services of satellite, wireless, fiber transmission systems, CCTV security and radio-based systems, enabling the energy, transportation, critical infrastructure and industrial sectors to receive individually tailored, innovative applications and services that deliver value, resilience and flexibility. Optilan is headquartered in the United Kingdom and operates offices in Azerbaijan, India, the Middle East, UAE and Turkey.

About DarkPulse, Inc.

DarkPulse, Inc. uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains and stresses. The Company's technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, aircraft structural components and mining safety. The Company's fiber-based monitoring systems can assist markets that are not currently served, and its unique technology covers extended areas and any event that is translated into the detection of a change in strain or temperature. In addition to the Company's ongoing efforts with respect to the marketing and sales of its technology products and services to its customers, the Company also continues to explore potential strategic alliances through joint venture and licensing opportunities to further expand its global market position.

For more information, visit www.DarkPulse.com

About Optilan Group Ltd.

Optilan is a leading independent security and communications systems integrator worldwide. With a 30-year pedigree, our customers trust us to keep the integrity of their assets safe and secure, by managing the life cycle delivery risk of our solutions. By fostering a collaborative design approach to complex problems, we provide innovative solutions, custom fit to even the most demanding of sites and scale of projects. Importantly, our commitment to our safety culture remains unwavered, to ensure that everyone goes home safely every day. We orchestrate business resilience with a suite of end-to-end solutions, combined with connectivity and professional service at a global level. Today's business environment is more dynamic than ever. In response, businesses are urged to move at "internet speed" and evolve with continuous change and disruption accepted as the new normal. We complement our tailored, integrated expertise with a curated ecosystem of leading manufacturers, to achieve both high quality and enduring results. We are proud to foster a unique culture full of talented individuals. Our sector focus ensures that our account teams are fully accredited to their operational areas. Our professionals have the skill to adopt and embed our expertise into existing platforms, processes, and cultures, delivering exceptional value for our clients. Beyond our operational scope, we strive to consider the impact of our global footprint and mitigate associated environmental and sustainability risks. These factors combined set us apart and establish why customers continue to trust and invest in our services.

For more information, visit: www.Optilan.com

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Media contact:
Cassandra Campbell
Cassandra.Campbell@progresshumanity.org
202-403-2033

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/darkpulse-inc-subsidiary-optilan-again-closes-three-contracts-within-same-week-301613136.html

SOURCE DarkPulse, Inc.

DARKPULSE INC

OTC:DPLS

DPLS Rankings

DPLS Latest News

DPLS Stock Data

7.14M
7.73B
0.01%
Software Publishers
Information
Link
United States of America
Houston

About DPLS

darkpulse, is built from a dedicated, highly skilled group of professionals ready to revolutionize the fiber sensor industry. our technology's unique features are only found in a genuine darkpulse solution. other brillouin based sensors suffer from a temperature and strain cross-sensitivity as well as decreased sensitivity due to the nature of laser sensing itself. versus other fibre optic sensing systems, darkpulse possesses the capability of independently measuring strain and temperature at all points along a single length of optical fibre. with darkpulse, a resolution increase 200 times gained over conventional fiber sensors. no insitu sensors utilized - eliminating "cold" spots. versatility... less power required, higher accuracy and expanded spatial resolution up to 200 times higher than traditional sensors, off-network capable, multiple power options including solar, available with 24/7 technical support staff monitoring, lower aquisition costs, lower operating costs and a capabi