Correct-AI and Vela Industries Group Announce Strategic Reseller Agreement

Correct-AI, a leader in Artificial Intelligence (AI) solutions for heavy equipment safety, today announced a strategic global reseller agreement with Vela Industries Group ("Vela"), an operating group of Constellation Software Inc. (TSX: CSU). The partnership will significantly broaden the sales and promotion of Correct-AI's flagship proximity detection system, PROX-EYE®, to industrial sectors worldwide. This agreement leverages Vela's extensive global network and expertise in vertical market software, providing Correct-AI with immediate access to new international markets and customer segments. Vela Industries Group specializes in acquiring, managing, and building software companies that provide specialized, mission-critical solutions across various industrial verticals, including oil and gas, mining, construction, and manufacturing. This agreement allows Vela to offer a layer of real safety to their industrial customers’ worksites, while delivering real-world operational data and analytics to guide them on where to improve safety. Balancing safety with efficiency.

"Partnering with Vela Industries Group is a transformative step for Correct-AI"

said Siamak Akhlaghi, CEO of Correct-AI. "Vela's global reach and proven ability to scale software businesses will accelerate the deployment of PROX-EYE® into the hands of more industrial operators globally. This partnership is a powerful validation of our AI technology and our shared commitment to making high-risk worksites safer."

Dylan Webb, CEO of Vela Industries Group, commented, "Safety technology is a critical component of operational efficiency across all our industrial markets. PROX-EYE® offers a market-leading, reliable, and highly accurate solution for collision avoidance. This reseller agreement allows us to bring Correct-AI’s cutting-edge AI safety platform to our vast international customer base, enhancing the value we provide to mission-critical operations."

Looking Ahead

The global reseller agreement is effective immediately, with both companies focused on integrating sales and support channels to ensure seamless delivery and deployment of the PROX-EYE® system across target markets.