Alarm.com to Develop Drone Applications for Smart Home and Business Security
January 03 2017 - 8:00PM
At CES® 2017 today, Alarm.com (Nasdaq:ALRM) announced plans to
develop autonomous, video-enabled drone applications to extend the
capabilities of smart home and business security systems.
Alarm.com’s multi-sensor awareness and property intelligence,
together with the Qualcomm® Snapdragon Flight drone platform, will
deploy drones to investigate unexpected activity. The drones
will be designed to autonomously navigate through the property and
provide a high-resolution video feed to the property owner.
Alarm.com’s Insights Engine applies machine-learning algorithms
to the growing data set generated by devices and sensors in a
connected property. By recognizing complex activity patterns
and detecting anomalies, Alarm.com can proactively respond to
events on behalf of the user. Alarm.com intends to leverage
these insights to intelligently deploy video-enabled drones to the
location where unexpected activity was detected or when an alarm
was triggered. Strict, opt-in privacy controls will enable
the property owner to easily share the video feed with a central
monitoring station and emergency responders.
“This is a very interesting application for drones, which at
their core are essentially flying cameras, and by using other
advanced capabilities of our Snapdragon processors, Alarm.com is
designing a whole new way to provide security to properties,” said
Hugo Swart, senior director, product management, Qualcomm
Technologies, Inc. “The Qualcomm Snapdragon Flight platform pushes
the boundaries of the drone industry and has led to many new form
factors and use cases, and Alarm.com, with its security expertise,
is taking commercial and residential security systems to the next
level by integrating intelligent and cutting edge drones to its
solutions.”
“Alarm.com has been a pioneer in the smart home and business
security space,” said Daniel Kerzner, Alarm.com’s Chief Product
Officer. “By analyzing data across the devices on our
platform, we have created unique capabilities that make properties
safer, smarter and more efficient. We’re excited to use
Qualcomm Snapdragon Flight to develop similar applications for
drones. Our intelligent drone deployment system will be designed to
provide targeted video in response to specific events around a
property - augmenting fixed location cameras and enhancing the
active security perimeter for homes and businesses.”
About Alarm.com Alarm.com is the leading
platform solution for the connected home and business. Millions of
people depend on Alarm.com's technology to monitor and control
their property from anywhere. Centered on security and remote
monitoring, our platform addresses a wide range of market needs and
enables application-based control for a growing variety of Internet
of Things (IoT) devices. Our security, video monitoring,
intelligent automation and energy management solutions are
available through our network of thousands of professional service
providers in North America and around the globe. Alarm.com's common
stock is traded on the Nasdaq under the ticker symbol ALRM. For
more information, please visit www.alarm.com.
###
Qualcomm Technologies, Inc. is a subsidiary of Qualcomm
Incorporated. Qualcomm and Snapdragon are trademarks of Qualcomm
Incorporated, registered in the United States and other countries.
Snapdragon Flight is a trademark of Qualcomm Incorporated. Other
product and brand names may be trademarks or registered trademarks
of their respective owners.
Qualcomm Snapdragon and Qualcomm Snapdragon Flight are products
of Qualcomm Technologies, Inc.
Forward-Looking Statement
This press release includes forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, which may be identified by their use of terms
and phrases such as “will,” “intend,” “enable,” “plans,” “develop,”
“designed to” and other similar terms and phrases, and may include
but are not limited to, the statements regarding the Company’s
projected business strategies and planned research and development
efforts utilizing the Qualcomm® Snapdragon Flight drone
platform for the use of drones for home security applications, the
anticipated features, benefits and functions of drone applications
to be developed by the Company, projected investments and
expenditures, anticipated market demand or opportunities for these
products and applications, and other forward-looking statements.
These statements reflect the Company’s current views with respect
to future events, and are subject to certain risks, uncertainties,
and assumptions. A number of factors could cause actual results to
differ materially from those contained in the forward-looking
statements, including the Company’s ability to manage and execute
on the Company’s business strategies; the effects of increased
competition and evolving technologies; the Company’s ability to
effectively enhance, innovate and scale the Company’s solution;
consumer demand for interactive security and home automation
services; the reliability of the Company’s hardware and technology
suppliers; future financial prospects, and other factors discussed
in the “Risk Factors” section of the Company’s Annual Report on
Form 10-K filed with the Securities and Exchange Commission on
February 29, 2016, the “Risk Factors” section of the Company’s
Quarterly Report on Form 10-Q for the quarterly period ended
September 30, 2016 filed with the Securities and Exchange
Commission on November 14, 2016 and other subsequent filings the
Company makes with the Securities and Exchange Commission from time
to time. Actual results and the timing of certain events may
differ materially from the results or timing predicted or implied
by such forward-looking statements. The Company anticipates
that subsequent events and developments may cause the Company’s
views to change. However, while the Company may elect to
update these forward-looking statements at some point in the
future, the Company specifically disclaims any obligation to do so
except as required by law. These forward-looking statements
should not be relied upon as representing the Company’s views as of
any date subsequent to the date hereof.
Contact:
Matthew Zartman
Alarm.com
mzartman@alarm.com
571.356.9158
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