newsfilter
← Latest News
GlobeNewswire·

Grants Restricted Share Units to Darren Wolfe Director Sales, Federal & Public Safety

SPAIF
  • SPARC AI Inc. granted 100,000 restricted share units to Darren Wolfe, Director of Sales for Federal & Public Safety.
  • Wolfe leads the US federal & public safety sales effort for the Overwatch Positioning Network, targeting agencies requiring positioning when GPS is jammed, spoofed, or unavailable.
  • Wolfe brings over 20 years of experience in defense, homeland security, & public safety markets, previously growing the US Department of State portfolio to $79 million at Noble.
  • The RSUs vest in four equal tranches of 25,000 on 24 February 2027, 24 August 2027, 24 August 2028, & 24 August 2029.
  • Each vested RSU entitles the holder to one common share of the Company under the terms of the Restricted Share Unit Plan.
  • SPARC AI offers the Overwatch platform as a stateless service to provide absolute latitude & longitude for drones in GNSS-denied environments without onboard software or hardware.
  • The grant is subject to the Company's Plan, applicable securities laws, & Canadian Securities Exchange policies including resale restrictions.