On February 27, 2010, Chile suffered one of the most devastating earthquakes in history. The 8.8 magnitude quake caused 520 casualties and resulted in $30B in damages.
I bet every Chilean wishes they had a crystal ball that would have given them a heads up for what was to come!
While it can’t offer a crystal ball, Precursor believes it can offer the next best thing.
Their patented technology helps to forecast pending earthquakes days to weeks before they occur. In fact, they’ve successfully predicted seismic events over 50 times!!
Watch the video above to learn all about how they pull this off!
The Future of Precursor
Having established a verifiable proof of concept, Precursor is now ready to take their technology to parts of the globe with high seismic activity.
One major step in that direction is a joint contract they were awarded from the US and UK defense departments to deploy and operate its Earthquake Forecasting System in regions of North America that are seismically active.
What Interested Investors Need to Know
Three things that investors should take note of:
- Sci-fi meets real life: Just a short time ago this type of technology was a staple of Sci-Fi visions of the future. Now that future has been brought into the present.
- Partnerships: Awarded a joint contract by the US and UK departments of defense.
- Game-changing technology: Damage caused by earthquakes can often run in the billions. Imagine how much damage could be mitigated with the proper warning systems.