SPYR (OTCQB:SPYR) Inc announced that its GeoTraq subsidiary has selected a manufacturing partner, Asiatelco Technologies, to build its patented modem technology.
The technology firm said as GeoTraq readies for the market launch of the world’s smallest, low power, low cost tracking modems, it continues to identify key ecosystem partners necessary for the company’s solutions.
“We are pleased to announce that we have selected Asiatelco Technologies Co as our manufacturing partner,” GeoTraq chief technology officer Pierre Parent said in a statement.
READ: SPYR says its GeoTraq subsidiary offers patent smart solutions for simple IoT problems
“We need a flexible production partner with a solid track record of delivering durable, high quality devices and are pleased to have this important partner in Asiatelco,” Parent added.
SPYR (OTCQB:SPYR) noted it is in the process of capitalizing its GeoTraq business, which the company expects to launch in the second quarter of 2023.
SPYR Technologies is a technology company which, through its subsidiary Applied Magix Inc, develops and resells Apple ecosystem-compatible products, with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. Through its subsidiary GeoTraq, the company develops and manufactures entirely self-contained, ultra-small mobile IoT modules.
Contact Sean at sean@proactiveinvestors.com