RDARS Inc. (“RDARS” or the “Company“) (CSE: RDRS) (OTCQB: RDRSF), the autonomous robotics and drone technology company developing advanced systems for alarm system augmentation and surveillance, is pleased to announce that the company has been approved for Depository Trust & Clearing Corp. (“DTCC“) full service eligibility in the United States of America. Its shares now qualify to be held at the Depository Trust Company (“DTC“) and traded and serviced through DTC’s electronic book-entry system. DTC is a subsidiary of the DTCC, an American company that provides clearing and settlement services for the financial markets and settles the majority of securities transactions in the United States.
“This is an important milestone,” said Charles Zwebner, CEO. “DTC eligibility will expand the accessibility and liquidity of our shares for U.S. investors. Combined with our anticipated fast growth in 2023 and beyond, this monumental step is part of RDAR’s ongoing commitment to create value for our shareholders.”
About RDARS Inc.
RDARS possesses a disruptive technology that is advancing the security industry’s approach to protecting commercial, industrial, and residential properties, by introducing protection with autonomous artificial intelligence systems that allows for real time response, situation awareness, verification, intervention, evidence recording, data capture, analysis, and immediate downstream transmissions to public safety agencies. RDARS has the ability, upon a property security breach, in real time to receive, analyze, and downstream the data and inform public safety agencies who the perpetrators potentially are before they even arrive at the property.
Founded in 2019, RDARS is an original equipment manufacturer of its flagship product, the Eagle Watch Platform, comprised of Eagle Eye, a drone, Eagle Nest, a drone station, Eagle Rover, an indoor robotic system, and Eagle Watch Command & Control Software. The Company’s autonomous robotic systems provide situational awareness in a cost effective and reliable manner. The Company’s mission is to improve alarm response and situational awareness by obtaining required approvals from federal regulatory agencies for BVLOS operations. RDARS is currently developing its technology for private and enterprise customers in the United States and Canada, where these customers require a more reliable and advanced understanding of their property security. For more information about RDARS, please visit its website at www.rdars.com and its profile page on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the “CSE“) nor its Market Regulator (as such term is defined in the CSE policies) has reviewed or accept responsibility for the adequacy or accuracy of this news release.