3/15/2023 0 Comments Airbeam wireless![]() In a statement Friday, TraceSafe said it was an early supporter of Airbeam's mission and one of the firm's largest shareholders. ![]() READ: TraceSafe says its platform has reached a milestone of 15 million daily contacts Vancouver-based Tracesafe owns 9.8 million Airbeam shares or about 14.3% of outstanding shares. NOT FOR DISTRIBUTION TO U.S.Tracesafe Inc ( CSE:TSF) (OTCMKTS:UTOLF) announced Friday that its investee company, Airbeam Wireless Technologies is launching a C$25 million raise and plans to go public.Īirbeam is a leading developer of solutions for 5G edge compute and wireless technologies for smart cities and roads. These forward-looking statements speak only as of the date on which they are made, and TraceSafe undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances unless otherwise required to do so by law. Therefore, outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Although TraceSafe believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict, including the suitability of our products to help businesses and governments reopen, competition, the spread or containment of COVID-19 and government responses thereto and general economic and market conditions. Statements in this news release may contain forward-looking statements that are based on TraceSafe's expectations, estimates and projections regarding its business and the economic environment in which it operates, including with respect to expectations regarding the TraceSafe assets and their application, future business plans and relationships, future developments in respect of COVID-19 and solutions adopted in response to the virus, and the deployment and acceptance of the TraceSafe technology. +1 (604) Canadian Securities Exchange has in no way approved or disapproved the contents of this news release. In addition to their government work, TraceSafe is developing leading edge solutions for Enterprise, Healthcare, Education, Government and large-scale venue management. TraceSafe's patented contact tracing bracelet has already been deployed in mission critical quarantine applications around the world in partnership with leading governments. TraceSafe's leading cloud management solution ensures both user privacy and comprehensive administrative control. TraceSafe is a full suite of real-time location management services and contact tracing solutions enabled through advanced low power bluetooth beacons and enterprise cloud management. Airbeam acquired its technology from a leading semiconductor company, which spent in excess of $110 million USD on R&D. The company sells a proprietary 60 GHz millimeter wave chipset, hardware, and software that power its Edge Computing Network (ECU). TraceSafe's Wayne Lloyd is expected to join Airbeam's collection of top-tier leaders, as a member of the board of directors.Īirbeam is an innovator in 5G-enabled Smart City technologies. "In combination with our newest partnerships and next generation of intelligent wearables, TraceSafe is building technologies that enhance a connected workplace ecosystem to ensure safety, increase productivity, optimize logistics, and even heighten the consumer experience." "The success of technology leaders like Airbeam supports TraceSafe's mission to improve how people live, work, and engage in their communities," notes Wayne Lloyd, CEO of TraceSafe. Airbeam is commitmented to building the technology powering the 5G edge, which is a critical component of the Internet of Things (IoT) and the future of connected workers, among countless other applications powering our digital future. With 9.8 million Airbeam shares, representing approximately 14.3% of outstanding shares, TraceSafe is an early supporter of Airbeam's mission and one of the firm's largest shareholders. ![]() ![]() (CSE: TSF) ("TraceSafe"), a global leader in wearable safety tech and connected workforce solutions, including large-scale enterprise, venue management and asset tracking, is proud to announce that Airbeam Wireless Technologies ("Airbeam") has reached an agreement to go public with a concurrent CAD 25 million raise.Īirbeam is a leading developer of solutions for 5G edge compute and wireless technologies, and is at the cutting edge of computing platforms for smart cities and roads. Vancouver, British Columbia-(Newsfile Corp.
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