Curated News
By: NewsRamp Editorial Staff
October 18, 2024

Wytec Announces Plans to Uplist to Nasdaq Capital Markets for Smart Sensor Project

TLDR

  • Wytec's uplisting to Nasdaq will accelerate the Smart Sensor Project, providing a competitive advantage in detecting active threats.
  • Wytec's AI based sensor technology, in partnership with Lemko Corporation, has a 90%+ accuracy in detecting gunshots in school districts and cities.
  • Wytec's Smart Sensor solutions will significantly improve safety by detecting gun violence, protecting children, and addressing the drug epidemic in schools and communities.
  • Wytec's partnership with Lemko Corporation will deliver a solution that significantly improves safety and protects children throughout the United States and abroad.

Impact - Why it Matters

This news matters because it highlights the efforts of Wytec and the Lemko Corporation to improve safety and protect children from gun violence in schools and communities. The uplisting to Nasdaq and the expanded partnership will accelerate the development and deployment of Smart Sensor solutions globally, addressing the growing concern of gun violence and drug epidemic injuring children in the US and abroad.

Summary

Wytec, a 5G network development company, plans to uplist to the Nasdaq Capital Markets to accelerate their Smart Sensor Project, which detects active threats such as gunshots in schools and cities. The uplisting includes an expanded partnership with the Lemko Corporation to commercialize and offer its Smart Sensor solutions globally. Wytec also plans to file its Nasdaq uplisting application in November and has a $100M shelf registration contract with Global Emerging Markets, a $3.5 Billion private investment group.

Source Statement

This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Wytec Announces Plans to Uplist to Nasdaq Capital Markets for Smart Sensor Project

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