Welcome to our dedicated page for SOBR Safe news (Ticker: SOBR), a resource for investors and traders seeking the latest updates and insights on SOBR Safe stock.
SOBR Safe, Inc. is a technology company based in Boulder, Colorado, specializing in touch-based identity verification and alcohol detection systems. The company developed the SOBRsafe software platform, a patent-pending solution for non-invasive alcohol detection and identity verification. SOBR Safe generates revenue through the sale of cloud-based software solutions, hardware devices, and data reporting services. With applications in commercial fleet management, school buses, manufacturing facilities, and warehousing, SOBR Safe focuses on providing statistical and measurable user data with its scalable technology.
SOBR Safe, Inc. (NASDAQ:SOBR) has appointed David Crandall, a seasoned manufacturing expert, as Advisor to the Board. Crandall, with extensive experience in the aerospace and automotive sectors, aims to enhance SOBRsafe's manufacturing capabilities and facilitate international growth. His efforts will focus on improving efficiency and expanding the company's alcohol detection solutions, crucial in tackling the $249 billion annual cost of alcohol misuse in the U.S. The timing aligns with SOBRsafe's expansion efforts, supported by recent accolades for its SOBRcheck product.
SOBR Safe (NASDAQ:SOBR) announced that Butterfield Onsite Drug Testing has launched its touch-based alcohol detection technology, SOBRcheck, to its extensive customer network. This partnership aims to enhance onsite alcohol testing, particularly for safety-sensitive positions. The innovation highlights a shift towards technology integration in drug testing services, with SOBRcheck requiring no onsite technician, providing immediate results. The solution has garnered recognition, winning Occupational Health & Safety’s 2022 New Product of the Year award.
SOBR Safe has announced a distribution agreement with Reconnect, marking its entry into the justice market. This agreement follows its previous national distributor deal and aims to enhance alcohol monitoring efficiency through the SOBRcheck system. SOBRcheck employs a biometric reader for alcohol detection without traditional sample methods. Reconnect, with over 13 years in the justice sector, plans to deploy this technology to improve accountability and reduce costs related to incarceration. This partnership signifies a strategic move to modernize prescreening in justice programs.
SOBR Safe, Inc. (NASDAQ:SOBR) has received the OH&S New Product of the Year award for its innovative SOBRcheck system, a non-invasive, touch-based alcohol detection platform. This technology is designed for various industries, including fleets, manufacturing, and construction, offering real-time alerts to help prevent alcohol misuse. The award highlights the emerging importance of safety solutions in the workforce and the ongoing commitment to reducing alcohol-related accidents, which account for nearly half of all industrial injuries in the U.S.
SOBR Safe (Nasdaq:SOBR) has launched SOBRsure™, a fitness-style wearable aimed at transforming alcohol rehabilitation care and improving recovery rates. In partnership with North-Star Care, the initial rollout includes 1,150 bands intended for up to 7,500 patients within the first year. The monitoring system offers continuous data, supporting real-time interventions. With 15 million Americans facing Alcohol Use Disorder, this innovation addresses significant industry needs, potentially alleviating treatment costs while enhancing patient outcomes and privacy.
SOBR Safe (Nasdaq: SOBR) showcased its innovative alcohol detection solution, SOBRcheck, at the Nuclear Energy Institute's FFD Workshop held from July 11-15, 2022. Featured by over 200 safety professionals, the technology offers a non-invasive, real-time detection method, potentially enhancing safety in the nuclear sector. The event facilitated engaging discussions with industry leaders, and the Company's technology has gained recognition for its ability to prevent alcohol-related incidents, addressing a significant issue in workplace safety.
SOBR Safe (NASDAQ:SOBR) has entered the construction market by signing a SaaS agreement with Aaron Contracting, a leading Michigan contractor. This partnership marks SOBRsafe's entry into a $2.7 billion market with high alcohol use rates. SOBRsafe's SOBRcheck technology is designed for outdoor and rugged environments, enabling real-time alcohol screening. Recent successful tests were conducted with Amazon Delivery vehicles. This collaboration aims to enhance alcohol safety in workplaces, potentially reducing alcohol-related incidents.
SOBR Safe, Inc. (Nasdaq: SOBR) has partnered with Continental Services to implement its SOBRcheck™ alcohol screening technology following a successful pilot program. Continental, Michigan's largest food management firm, aims to enhance employee safety and reduce insurance costs. SOBRcheck™ provides non-invasive alcohol detection and real-time data analytics. This collaboration marks SOBR's entry into the last-mile fleet market, with Continental CEO Matt Hubbard praising the solution's capability to support safe operations and manage alcohol policies effectively.
SOBR Safe, Inc. (Nasdaq: SOBR) has entered a master service agreement with BGM Electronic Services, Inc., a leader in product realization for major automotive companies. This partnership will enable SOBRsafe to consolidate product development and manufacturing of its alcohol safety devices, enhancing scalability and quality. SOBRsafe's flagship product, SOBRcheck, offers non-invasive alcohol detection, aimed at reducing alcohol-related accidents in workplaces and on roads. The annual cost of alcohol abuse in the U.S. is estimated at $249 billion.
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