Deepspatial Inc. (CSE:DSAI) said it has expanded its partner program with a new infrastructure and urban planning partner in India.
The artificial intelligence company told investors that the new contract represents its first entry into the infrastructure sector.
Deepspatial’s technology will help to support organizations and provide data-driven decisions for governments, the company said.
Its Indian partner will remain anonymous due to privacy reasons, the company added. The project will encompass things like identifying healthcare requirements in certain areas, opportunities to minimize waste disposal, and road network conditions.
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Toronto-based Deepspatial said that the infrastructure and urban planning markets represent a “huge opportunity” as it is expected to reach around US$192 billion by 2028.
“We are expecting several key contracts to be executed which currently stand in our pipeline that will provide Deepspatial with meaningful revenue. We anticipate these key projects will play a crucial role in Deepspatial’s success and open the door to many opportunities in the Government sector,” Rahul Kushwah, CEO of Deepspatial said in a statement.
“We see a lot of gaps in parts of the world where our solutions can vastly improve the rough conditions of society, and we are excited to have the opportunity to make such an impact.”
Deepspatial is an outcome-based artificial intelligence company, enabling organizations to enhance their decision-making capabilities by leveraging the power of data and AI.
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