INTURAI PROVIDES DEFENCE TECH COMPETITION RESULTS AND COMPANY UPDATE
(CSE: URAI / OTC: URAIF / FSE: 3QG0)
[email protected]
- DomeCommand, the drone command-and-control platform the Company recently acquired, won first and third place in the two-day team integration category at the Singapore Defense Tech Hackathon 2026, in entries collaborating with partner teams.
- In the first-place entry, Team Echelon connected its acoustic localisation system and Team Aegis connected its interceptor drone to DomeCommand within the two-day event, demonstrating detection, localisation and coordinated interception in a competition setting.
- As part of its business development activities, Inturai recently signed a three-year Master Services Agreement with Brihaspathi Technologies Limited, which reports more than 2 million cameras deployed across
India . The agreement is a framework for future projects, with revenue dependent on individual projects being signed under it. The Company continues to work on its other sensor opportunities, which are at different stages of testing and commercial discussions.
The Hackathon was co-organised by NUS Enterprise, TUM Venture Labs and the European Defense Tech Hub. It ran a two-day open challenge alongside an invitation-only three-month extended challenge. DomeCommand took part in the three-month development track, then competed in the final two-day integration category in joint entries with partner teams.
DomeCommand, Team Echelon and Team Aegis took first place. Echelon integrated its acoustic localisation system, and Aegis integrated its interceptor drone with DomeCommand, and the joint entry demonstrated an end-to-end sequence of detection, localisation and coordinated interception, run at the edge.
DomeCommand also placed third with Team Phylax. Phylax built a civilian defence application for
For the Company, the relevant result is integration speed: each partner team built on or connected to DomeCommand within two days. These were competition demonstrations built in a controlled setting. They were not operational deployments, were not evaluated in the field by a defence customer, and do not represent a commercial agreement. The advertised prizes were
Low-cost drones are a growing concern for defence forces, including in
The Company will provide further updates on DomeCommand product development as it progresses.
Separately, the Company continues to work on its aged care, retail and data centre opportunities for Spatial Intelligence, which are at different stages of testing and commercial discussions. The Company carries out this work largely through channel partners and technology providers with commercial agreements on an opportunity by opportunity basis.
As part of its business development activities, the Company also recently signed a three-year Master Services Agreement with Brihaspathi Technologies Limited, an
On behalf of the Board of Directors
About Inturai Ventures
Inturai Ventures is advancing intelligent environments with cutting-edge AI technologies, transforming industries such as healthcare, military, smart homes, and industrial applications. For more information, visit www.inturai.com.
Investor Contact
Ed Clarke, CEO
Inturai Ventures Corp.
Email: [email protected]
Phone: (+1) 604 339-0339
Forward-Looking Statements
Forward-looking statements in this news release include statements regarding the development of a first product incorporating DomeCommand, the integration of third-party sensors and effectors with DomeCommand, and the progression of testing and commercial discussions in the Company's sensing business, including under its Master Services Agreements, toward commercial deployment. These statements are based on assumptions that development milestones under the DomeCommand transaction are met, that development resources remain available, and that customers in testing phases proceed to commercial terms. Risks include that DomeCommand product development is delayed or does not proceed as planned, that competition demonstrations do not translate into operational or commercial outcomes, that customer testing does not lead to contracts or revenue, and that the Company is unable to secure financing on acceptable terms.
This document contains certain forward-looking statements that are based on assumptions as of the date of this news release. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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SOURCE INTURAI VENTURES CORP.
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