DPLS Stock Revolutionizing The Fiber Optics Industry

DPLS Stock

With the rise of smart cities and technology progressing at break-neck speeds, fiber-optic technology is increasingly in demand. Thankfully, DarkPulse, Inc. (OTC: DPLS) – a global leader in critical infrastructure solutions – has been revolutionizing this sector using its own patented fiber-sensor technology to make infrastructure safer and more reliable. Currently valued at $0.9 billion, the fiber optic industry is projected to reach $8 billion by 2026. With that in mind, DPLS stock has seen a significant increase in demand resulting in a 270% increase in the last two quarters. DPLS is a stock to watch as it sets out ambitious plans for global expansion and acquisitions.

Catalysts

DPLS is a leading technology-security company thanks to its patented BOTDA dark-pulse sensor technology. This technology provides a data stream of metrics for assessing changing temperatures, strains, and stresses. Standing out from its competition, DPLS offers the most dependable high resolution technology at low production costs. When it is applied to various types of infrastructure in oil and gas, security, pipeline, mining, and even aerospace sectors, DPLS’s technology can become an important tool for evaluating the structural safety of these incredibly expensive projects.

Earlier this year, DPLS finalized two Letters of Intent to acquire leading drone companies – Remote Intelligence and Wildlife Specialists. It also announced its acquisition of the drone company TerraData Unmanned which led to a further increase in stock value after an initial 500% increase in the days following its June 8th announcement. 

Additionally, DarkPulse acquired Optilan – a leader in security and communications – for an aggregate purchase price of £4,000,000. Optilan will give DPLS access to new and emerging markets because of its operational presence in the Middle East, Turkey, India, and Azerbaijan. These acquisitions are promising according to the company’s COO because they will allow the company to “expand its system capabilities and open new service lines”.

Based on its acquisition of Optilan it appears DPLS is venturing further into the global market. The company’s CEO Dennis O’Leary, shared in a previous interview that as a result of market positions, the company’s Director for APAC and MENA regions will be transitioning to Dubai where he expects to have a market presence very soon. Considering Dubai’s ultra-modern smart cities, the move is not surprising and may point to more.

Piling onto its lists of projects, DPLS started a pilot project with the California Department of Transportation (CALTRANS) to monitor California’s bridges and roadbeds structural health. The company is also working on launching a system that will monitor changes in concrete temperature in real time to ensure infrastructure structural safety. DPLS is exploring other potential locations to implement its technologies in, with the aim of expanding to the global market.

The board of directors recently authorized a stocks repurchase program where the company can repurchase up to $15 million of the company’s outstanding shares over the next year to return value to its shareholders. This will be executed through open market purchases or private transactions and will be funded from DPLS’s cash on hand. However DPLS emphasized that it is under no obligation to acquire the whole number of shares and that the time frame might be adjusted or extended later on. 

Recently, DPLS announced that the leading investor relation company – RedChip Companies – will be taking over the company’s investor relations efforts. On that note the company’s CEO – Dennis O’Leary – said “We look forward to a beneficial relationship that broadens our shareholder base and effectively communicates our story to the investment community.” The company also plans to introduce DPLS to institutional investment and private equity firms through investment roadshows and earnings calls starting this quarter. 

Media Sentiment

It looks like @MoonMarket_ believes DPLS could be one of the penny stocks to 1000% in 2022…

Technical Analysis

DPLS stock chart

Witnessing a downward trend, DPLS is currently trading near its support at $.0616 and has a primary resistance around .0759 with a secondary resistance at .0877. The RSI remains oversold at 37 as accumulation continues to decrease. The MACD is currently bearish.  

Given the company’s plans to increase its exposure to institutional investment and private equity firms through investment roadshows across the country, DPLS may see an uptick in January. Still trading above June’s average PPS, DPLS is currently dipping but may recover with updates on its California pilot project.

DPLS stock forecast

DPLS has acquisition plans and hopes to uplist to the OTCQB market, but its revenue as of its latest quarterly report is recorded as $3.5 million. However, its California pilot program could prove to be the breakthrough DPLS is looking for. If the company becomes a resource for CALTRANS, then the company could receive other projects from the state which will likely be updating its infrastructure thanks to the $1 trillion bill passed by Congress. DPLS’s stock repurchase program will also help ease dilution concerns although the company’s OS is only 5.1 billion out of an AS of 20 billion. Given its dip price, DPLS stock is trading near its strong support and investors could capitalize on a rebound.

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