Nanoveu Says System-on-a-Chip Semiconductor Technology Testing Starts for EyeFly3D Integration; Shares Up 11%

MT Newswires Live

Oct 18, 2024

Nanoveu (ASX:NVU) said benchmark testing began for the ECS-DOT System-on-a-Chip semiconductor technology, developed by Embedded A.I. Systems, which is set to be acquired by the company, according to a Friday filing with the Australian Securities Exchange.

The tests will evaluate two artificial intelligence-driven tasks, person detection, and image classification, to support the planned integration of the ECS-DOT chipset into the company's EyeFly3D image conversion platform, the filing said.

Nanoveu shares rose 11% in afternoon trade.

Price (AUD): $0.04, Change: $+0.0040, Percent Change: +10.53%

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