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Edge TTL Intllgce SUB VTG (UNFYF) Stock News, Oct-Dec 2024

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Edge Total Intelligence Inc. reports news on its real-time digital twin and decision intelligence software for defense, enterprise, industrial, and mission-critical operations. Company updates often center on edgeCore™, a platform that unifies operational telemetry, workflows, analytics, AI, enterprise applications, and legacy systems into a real-time operational intelligence layer across on-premises, cloud, and hybrid environments.

Recurring developments include Oracle Cloud Infrastructure compatibility, contract renewals, defense maritime and aviation awards through the Australian business unit, and financial results tied to procurement cycles, liquidity, and capital-structure activity. News also covers completed technology acquisitions and licensing, expansion into maritime and industrial markets, and governance changes connected to leadership and capital markets readiness.

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EdgeTI (TSXV: CTRL, OTCQB: UNFYF) has appointed Michael Ostrom as the second advisor to its Industry Advisory Council (IAC), which will comprise 5-7 advisors working with CEO Jim Barrett. Ostrom, currently Chief Strategy Officer at TrailRunner International, brings over two decades of experience in engineering, transportation, and technology industries. He holds multiple patents in behavioral, demographic, and spatial data applications.

The IAC aims to accelerate the deployment of edgeCore™ digital twin solutions across commercial and government customers. Ostrom's expertise in autonomous vehicles, electrification, and digital transformation, including his work on the first nationwide predictive traffic model, will support EdgeTI's mission to enable and safeguard AI adoption through digital twin technology.

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Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) announces the establishment of the first AI-Powered Digital Twin Pavilion at the Defense TechConnect Innovation Summit 2024 in Austin, TX. The company, along with partners Sabel Systems, PredictiveIQ, and Vidrovr, will showcase proven solutions and production-ready demonstrations in Booth #306. The pavilion focuses on key areas including contested logistics, smart cities, Army ground vehicle digital twin, operational energy, infrastructure risk management, cyber awareness, and advanced open-source intelligence. The event features multiple panels and sessions with industry experts discussing DOD and Navy Operational Energy Data, Digital Twin technologies, and AI adoption.

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EdgeTI (TSXV: CTRL, OTCQB: UNFYF) announces the formation of its Industry Advisory Council (IAC) and appoints David Kris as its first advisor. The IAC will comprise 5-7 advisors working with CEO Jim Barrett to accelerate the deployment of edgeCore digital twin solutions. Kris, co-founder of Culper Partners , brings over 30 years of experience, including leadership of the Department of Justice's National Security Division and roles at Intellectual Ventures and Time Warner. The council aims to drive adoption of digital twins and safeguard AI solutions, focusing on enhancing situational awareness for commercial and government customers.

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EdgeTI (TSXV: CTRL, OTCQB: UNFYF) held its Annual General and Special Meeting on November 22, 2024, where shareholders approved all proposed matters. The board of directors was set at seven members, with all incumbent directors re-elected. The company's amended Omnibus Share Incentive Plan was approved, including a '10% rolling' plan for stock options and an increase in the Fixed Plan's maximum shares for other awards from 5,483,500 to 7,010,767 shares. MNP LLP was re-appointed as auditors. Post-meeting, James Barrett was re-appointed as CEO, Sheri Rempel as CFO, and Nicholas Brigman as Corporate Secretary.

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Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) has granted 300,000 stock options to a director and an officer under its Equity Incentive Plan. The options can be exercised at $0.99 per share over a five-year period, with one-third vesting immediately and the remaining two-thirds vesting annually. The options are subject to a four-month and one-day hold period in compliance with TSX Venture Exchange policies and Canadian securities laws.

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EdgeTI (TSXV: CTRL, OTCQB: UNFYF) has been recognized as a Sample Vendor in the Digital Twin of a Customer (DToC) category in Gartner's Hype Cycle for Emerging Technologies, 2024. Digital Twin of a Customer technology creates virtual representations of customers to simulate and anticipate behavior patterns. The technology helps organizations enhance customer experience, support digitalization efforts, and drive transformation through better understanding of customer behavior. EdgeTI offers demonstrations and free evaluations of their DToC solution through their website.

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Edge Total Intelligence (UNFYF) has been recognized in the Gartner® Hype Cycle™ for Manufacturing Operations Strategy, 2024 as a Sample Vendor in the Digital Twins category. The company's edgeCore™ platform provides digital twin software solutions that help manufacturers unite data across disciplines without requiring bespoke custom software. The technology is particularly useful in automated pharmacies that combine robotics, AI, and pharmacists for efficient prescription delivery. Digital twins are software-based models representing assets, people, processes, and organizations, embedding business process logic to optimize outcomes.

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EdgeTI, an awardee of a $950M IDIQ Contract with the US Air Force, provided a corporate update highlighting key achievements and 2025 growth plans. The company completed a CAD 4.25M private placement and secured a $5M contract with the US Department of Veterans Affairs for pharmacy operations management. Notable wins include a Department of Defense contract for operational energy digital twin development and recognition in Gartner research. The company's 2025 strategy focuses on commercial business expansion, federal marketing growth, Industry Advisory Council formation, debt restructuring, and increased industry analysis.

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EdgeTI has been recognized in the first Gartner Hype Cycle for Customer Experience and Monetization in the Communications Industry, 2024. The report highlights the importance of Digital Twin of a Customer (DToC) technology in driving revenue for communications service providers (CSPs). EdgeTI's edgeCore Digital Twin platform is identified as a Sample Vendor in the DToC category.

The Gartner report emphasizes that DToC helps organizations gain customer insights, increase revenue, predict behaviors, improve customer engagement, and reduce churn. EdgeTI's platform uniquely unites various data sources without rehoming, saving CSPs time and expense in achieving value. The company offers demonstrations and free evaluations of Digital Twins via their website.

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Edge Total Intelligence Inc. (TSXV: CTRL, OTC: UNFYF, FSE: Q5I) has been selected to present at the AFCEA TechNet Indo-Pacific Conference in Honolulu, Hawaii on October 22-24, 2024. Jacques Jarman, the company's Chief Growth and Federal Operations Officer, will present on October 23rd at 3:30pm local time, joined by Hon. Lucian Niemeyer and Tim Faulkner.

The presentation, titled 'Innovation Showcase: edgeCore A Digital Twin Solution Built on a Proven Data Mesh to Ensure Decision Dominance in a Dynamic Battlespace', will showcase edgeTI's Digital Twin and secure Data Mesh capabilities. The company will also provide in-person demonstrations of edgeCore™ at Booth 1039.

TechNet Indo-Pacific, in its 39th year, is the largest strategic event of its kind in the Indo-Pacific Rim, focusing on critical issues identified by regional military leaders to maintain and protect data and information flow.

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FAQ

What is the current stock price of Edge TTL Intllgce SUB VTG (UNFYF)?

Edge TTL Intllgce SUB VTG (UNFYF) last closed at $0.1746.

What is the market cap of Edge TTL Intllgce SUB VTG (UNFYF)?

The market cap of Edge TTL Intllgce SUB VTG (UNFYF) is approximately $11.0M.