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Zedcor Inc. Announces Expanded Fleet of MobileyeZ Security Towers and Provides Update on USA, Geographical Expansion
Calgary, Alberta--(Newsfile Corp. - July 25, 2023) - Zedcor Inc. (TSXV: ZDC) (the " Company " or ...
About this update from Zedcor Inc
[{"type":"text","content":"Zedcor Inc. Announces Expanded Fleet of MobileyeZ Security Towers and Provides Update on USA, Geographical ExpansionCalgary, Alberta--(Newsfile Corp. - July 25, 2023) - Zedcor Inc. (TSXV: ZDC) (the \"Company\" or \"Zedcor\") is pleased to provide the following updates highlighting its expanded fleet of MobileyeZ Security Towers, USA expansion plans and continued diversification of customer base and industries served.\"After a busy first half of the year, we were able to expand the size of our fleet by over 34% and we continue to meet our strategic objective of diversifying our business, both geographically and with the customers we serve. All supply chain issues have largely been addressed, the Company expanded its financing, as previously announced, to ensure we have sufficient capital to complete our 2023 capital plans and we are on track to exit the year with approximately 900 MobileyeZ. We also continue to diversify and add new customers, both geographically and industry wise.\" MobileyeZ Fleet UpdateZedcor exited 2022 with a fleet of 506 MobileyeZ security towers. During the first half of 2023, the fleet increased by 173 security towers and we remain on track to exit the year with a fleet of approximately 900 security towers. As of June 30, 2023, Zedcor's fleet consisted of the following types of MobileyeZ security towers:264 Solar Hybrid MobileyeZ which are preferred by customers with large infrastructure projects such as pipelines and roads. These units are entirely self contained and can be operated anywhere as they are powered by solar with battery backup and diesel charging available when there is not enough sunlight. As one of our large pipeline security project winds down, we are able to allocate our Solar Hybrid fleet across Canada. 391 Electric MobileyeZ which are preferred by construction companies, retail companies and other customers with power available on site. These unique units can plug into any regular power source or an on-site generator. 24 Diesel and Solar MobileyeZ.All MobileyeZ security towers are equipped with state-of-the-art HD cameras, geo-fencing capabilities and advanced AI. Video is streamed to the Company's centralized monitoring center in Western Canada where trained operators protect client sites allowing for more efficient and effective security compared to a security guard.USA Expansion Upd...