- VSBLTY Groupe Technologies (CSE:VSBY), an AI security and analytics provider, is seeing increased business from U.S. synagogues as the Israel-Hamas war goes on
- According to the Anti-Defamation League, antisemitic incidents are up by more than 300 per cent since the beginning of the war
- VSBLTY Groupe Technologies specializes in artificial intelligence and the real-time interpretation of camera footage using facial recognition
- VSBLTY Groupe Technologies stock (CSE:VSBY) is down by over 91 per cent year-over-year
VSBLTY Groupe Technologies (CSE:VSBY), an AI security and analytics provider, is seeing increased business from U.S. synagogues as the Israel-Hamas war goes on.
The company’s complete security solution is designed to protect large groups, such as congregations, “which has become increasingly important to religious leaders with the increase in antisemitic incidents since the Oct. 7 Hamas massacre of Israeli civilians,” according to Thursday’s announcement.
VSBLTY’s security solution uses CCTV cameras, backed by advanced AI-based facial recognition, to detect persons of interest, weapons and other threats from a distance. Once a threat is detected, the technology will sound an alarm and alert the appropriate authorities.
Between Oct. 7, when the Israel-Hamas war began, and Nov. 7, the Anti-Defamation League (ADL) Center on Extremism recorded 832 antisemitic incidents of assault, vandalism and harassment across the U.S., an increase of 316 per cent from the 200 incidents reported year-over-year.
The ADL has also reported a 388 per cent increase in preliminary antisemitic incidents year-over-year, as well as how antisemitic incidents in the United States are up by 300 per cent overall since the beginning of the war.
VSBLTY Groupe’s technology is already protecting many of the largest synagogues in the U.S., with a prominent New England synagogue currently being outfitted.
“Our proprietary advanced security technology is ideally suited to protect houses of worship,” Jay Hutton, VSBLTY Groupe’s co-founder and CEO, said in a statement. “It is essential that congregations are protected during services and that members, guests and students feel safe at other social and educational events. This security technology provides both. By significantly extending the safety perimeter, our proactive security approach is intended to prevent, rather than merely detect, violent incidents and save lives. With the troubling increase in religion-based violence this year, we are experiencing further demand for our AI-driven security technology.”
VSBLTY Groupe Technologies specializes in artificial intelligence and the real-time interpretation of camera footage using facial recognition. Applications for its technology include security and retail brand engagement.
VSBLTY Groupe Technologies stock (CSE:VSBY) last traded at C$0.175 per share. The stock is down by more than 91 per cent year-over-year.
Join the discussion: Find out what everybody’s saying about this artificial intelligence stock on the VSBLTY Groupe Technologies Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
