GSTS Wins Contract to Advance AI-Based Service to Forecast and Optimize Availability of Military Systems

Class in: Deals
Topic : Contracts

HALIFAXNEW POD, October 4, 2022 /PRNewswire/ — GlobalSpatialTechnologySolutions (GSTS or the Enterprise), a maritime intelligence company, today announced that it has been awarded a contract under the Canadian program Innovation for defence, excellence and security (IDEaS) to advance its AI-based predictive analytics capability to optimize resource availability and increase the operational readiness of military systems such as ships, submarines and planes. This capability will further expand GSTS’ AI offering and expand the range of applications offered by OCIANEtm, the company’s AI platform.

This project builds on the capabilities of the OCIANAtm AI platform that supports civil, commercial and defense applications, and highlights the flexibility and versatility of the platform, said Richard Kolacz, CEO of GSTS. I am delighted that the OCIANAtm performance management module, our most recent capability developed within OCIANAtm, has again been validated by the award of this contract. With advanced analytics, we can save millions of dollars in life cycle costs over the lifetime of advanced military platforms, and optimize the readiness of these expensive and complex systems for many years to come. We are currently working with defense and commercial in-service support providers to introduce this capability to defense and commercial fleets.

OCIANAtm performance management uses advanced analytics and can be implemented on live or newly built platforms to perform local or remote analysis of system performance, and detect issues that may impact performance operational, maintenance, reserve levels or repair needs. Its benefits include the reduction of in-service support costs, which constitute the largest segment of the life cycle costs of any military platform.

OCIANAtm is an AI-based platform that integrates, cleanses, stores and processes data to provide real-time insights for decision support. Currently, GSTS is focused on developing solutions to save lives, save energy and preserve the environment in the maritime sector by offering three product lines: OCIANA Risk Management, OCIANA Ship Management and of OCIANA performance.

GSTS proposal

GSTS is a leader in artificial intelligence solutions for the maritime domain. Our solutions are designed to save lives, save energy and preserve the environment on a global scale through innovative applications based on emerging datasets and analytics. Our solutions help improve decision-based operations for civil, commercial, defense and security industries and agencies. For more information, visit www.gsts.ca.

About IDEAS

The IDEaS program represents an investment of $1.6 billion over 20 years aimed at meeting the contemporary demands of a complex global defense and security environment. This program allows the Canada to provide the capabilities needed for a strong and agile military force by providing financial support to foster innovation through contracts, contribution agreements and grants. The IDEaS program helps innovators by supporting analysis, funding research and developing processes that facilitate access to knowledge. It will also support the testing, integration, adoption and acquisition of creative solutions for the defense and security communities. Canada.

To find out more, visit the IDEaS web page www.canada.ca/IDEAS-DEFENSE

Media Contacts:StephenMartins, GSTS, Email: [email protected]Twitter: @gsts_info

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Press release sent on October 4, 2022 at 5:03 p.m. and distributed by:

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