- Strategic Elements has announced the launch of Stealth Technologies, a unique artificial intelligence (AI) and robotics company
- Stealth can custom build automated robotic machines, integrate computer vision capabilities and create artificial intelligence through machine learning
- Solutions offered can be utilised in several sectors such as mining, construction, road safety, security, health care, and insurance
- Over the next five years, there will be a rapid increase of cameras integrated into products across various industries to bring more accuracy, efficiency and security to users
Strategic Elements has announced the launch of Stealth Technologies, a new artificial intelligence (AI) and robotics company.
Stealth Technologies is a multi-disciplinary team who custom build systems for its own proprietary technologies and for collaboration with commercial and government partners for their specific needs.
Strategic Elements is an Australian Federal Government backed Pooled Development Fund company, aimed at encouraging innovation and research for Australians.
What sets Stealth apart from other artificial intelligence companies is its capabilities and focus stem from beyond just software development.
Stealth can custom build automated robotic machines, integrate computer vision capabilities which enable computers to see, and create AI through machine learning and development.
Its unique point of difference is combining hardware and software engineering to create innovative solutions for partners.
Solutions offered can be utilised in several sectors such as mining, construction, road safety, security, health care, and insurance.
The AI company’s priority is the development of proprietary Computer Vision technologies, a branch of artificial intelligence that uses machine learning to quickly process and analyse visual data from photos or video.
Computer vision is not one technology, but several that are combined to create intelligence.
The launch of Stealth Technologies is a 100 per cent venture backed by Strategic Limited. This couldn’t have come at a better time as its predicted the growth in visual data will explode.
Over the next five years, there will be a rapid increase of cameras integrated into products across various industries. Stealth Technologies is at the forefront of catering for this growth.
“Stealth technologies has been positioned higher up the valuation ladder than other companies in this sector due to its dual capabilities in both hardware and software development,” Managing Director Charles Murphy said.
The Stealth team can integrate multiple sensors to collect and analyse data to allow automation of processes. This can be done in different ways depending on the partner’s needs.
For mining, the company can combine vision, density and spectral sensors to characterise inputs to the ore processing stream such as hardness and content.
For security, it may combine cameras with laser scanners and infrared readers to allow a variety of operating conditions including in the dark.
For manufacturing, sensors could determine defects in the production line and react in real time speed to avoid wastage.
Stealth’s enhanced computer vision solution can be leveraged with AI to interpret a scene to determine a required response.
In construction and mining, this could be used in cameras and drones deployed to see whether safety precautions are being followed or to check for unauthorised entry.
For traffic systems, this could help detect or even predict violations such as vehicles running red lights, accidents or other hazards.
In the security sector, this could be monitoring and predicting unwanted behaviour or identifying customers in a casino when large sums of money are being exchanged.
It’s impossible for security guards to monitor everything or analyse hundreds of videos, but a computer vision system can.
The use for Stealth’s computer vision intelligence doesn’t stop there. In the medical field, computer vision systems examine imagery from MRIs, CAT scans, X-rays and ultrasounds to detect abnormalities and visual differences in heartbeats.
The insurance industry will also benefit as computer vision can conduct more accurate vehicle damage assessments. The advancement is reducing fraud and streamlining the claims process.
The multi-disciplinary team of Stealth Technologies is made up of PhD and Masters engineers, some of which have won multiple awards at national and international levels.
“The team has been working extremely hard to finalise some existing opportunities and we look forward to unveiling the innovative technology that the Stealth team has been working on,” Charles Murphy added.