AI Venturetech to Utilize Orbsat Satellite Technologies for Industrial IoT and Data Applications

(NEW YORK)--AI VentureTech, Inc. announces plans to collaborate with Orbsat Corp (OTCQB:OSAT) on utilizing their global communication solutions and satellite technology to build future Artificial Intelligence (AI) and Machine Learning (ML) applications for the industrial IoT, shipping, fleet management, and Smart City industries.

Headquartered in Miami, Florida, Orbsat provides solutions for satellite-enabled voice, data, tracking and IoT connectivity services. The company's long-term experience providing government, commercial, military and individual consumers with mobile satellite services uniquely positions them to capitalize on the significant opportunities being created by the current global investment in new and upgraded satellite networks.

From their offices in the USA and Europe, the company provides satellite communication solutions to tens of thousands of customers, resellers and partners located in over 160 countries around the world.

Global Satellite Services

Satellite Communications Solutions
Satellite Enabled Emergency Locator Systems
High-Speed Global Satellite Internet
Global Satellite IoT Tracking
Customized Ground Station Systems

Orbsat key services include satellite communication solutions, emergency location systems, high-speed satellite internet, global asset + personnel monitoring, customized ground station systems and custom product design.

Shipping and Logistic Data Applications

AI Venturetech will explore development of data analytic applications to increase efficiencies and cost savings for shipping and fleet management enterprises by employing Orbsat satellite products and technologies.

We will explore how to utilize the Orbsat GPS products to track high value assets, especially within the area of shipping and fleet management, to provide data analytic applications for better data management.

Smart City and Industrial IoT Applications

The Internet of Things is everywhere today, from industrial applications to emergency services, public transportation, public safety, city lighting and other smart city applications.

Examples of Smart City Applications include:

Smart Parking: Monitoring of parking spaces availability in the city.
Structural health: Monitoring of vibrations and material conditions in buildings, bridges and historical monuments.
Noise Urban Maps: Sound monitoring in bar areas and centric zones in real time.
Traffic Congestion: Monitoring of vehicles and pedestrian levels to optimize driving and walking routes.
Smart Lighting: Intelligent and weather adaptive lighting in street lights.
Waste Management: Detection of rubbish levels in containers to optimize the trash collection routes.
Smart Roads: Intelligent Highways with warning messages and diversions according to climate conditions and unexpected events like accidents or traffic jams.

Industrial IoT (IIoT)

Through our existing partnership with sensor provider Monnit Corporation we can now deploy customized industrial IoT sensors on industrial equipment or agricultural farms to monitor operations on a global scale. By integrating Orbsat’s services we have one of the key pieces of infrastructure to build a global IIoT network for large enterprise and industrial clients.

Thomas Bustamante, the Founder and CEO of AI VentureTech, Inc. commented, “We are very excited to announce our collaboration with Orbsat in developing data related applications utilizing their suite of satellite-enabled voice, data, tracking and IoT connectivity services. Having a partner like Orbsat, and there skilled management team experienced in global tracking technology, really gives us the capability to build an IoT network with data driven solutions on a global scale. Orbsat’s products provide a great source of tracking data on which we can build data sets and models for analytic and prediction-based applications for commercial and enterprise clients. We look forward to collaborating with Orbsat in finding new ways to utilize their products in building out AI and Cloud based applications for future clients.”

How to Invest in Company

Investment opportunities in AI Venturetech is currently available to ‘accredited’ and institutional investors only, as defined by the SEC. If you would like to learn more about us, or to request an investor packet, please register online at https://aiventuretech.com/investors/

About Orbsat Corp

Orbsat provides services and solutions to fulfill the rapidly growing global demand for satellite-based voice, high-speed data, tracking and IoT connectivity services. Building upon its long-term experience providing government, commercial, military and individual consumers with Mobile Satellite Services, Orbsat is positioned to capitalize on the significant opportunities being created by global investments in new and upgraded satellite networks. Orbsat's U.S. and European based subsidiaries, Orbital Satcom and Global Telesat Communications, have provided global satellite connectivity solutions to more than 35,000 customers located in over 160 countries across the world. www.orbsat.com

About AI VentureTech

AI VentureTech is an AI research lab and development company that leverages cutting-edge technologies to deliver data-related products and solutions that empower enterprise customers and partners through improving their business efficiency, enhancing their value and realizing their digital transformation. Located in New York City, our team of data scientists and engineers can customize AI-powered software and technical solutions for both companies and institutions looking to leverage data and machine learning for greater business value. The Company seeks growth through both collaboration and acquisition of dynamic new start-ups in the areas of business analytics, machine learning, natural language processing (NLP), visualization tools, predictive modeling, and cloud advanced analysis.  www.aiventuretech.com

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Forward-Looking Statements

This document contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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AI VentureTech
Phone: (347) 483-0121

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