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Sobr Safe Inc - SOBR STOCK NEWS

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.

Overview

SOBR Safe Inc is a hardware and software innovator specializing in non-invasive, transdermal alcohol detection and identity verification systems. Using state-of-the-art touch-based technology and its patent-pending SOBRsafe software platform, the company delivers next-generation solutions that integrate robust detection hardware with cloud-based data analytics. These advanced products, such as the point-of-care screening system and the continuously monitoring wearable device, are meticulously engineered to support applications in behavioral health, judicial monitoring, commercial fleet management, manufacturing facilities, and warehousing.

Core Technology and Business Model

SOBR Safe Inc overcomes the limitations of conventional alcohol testing methods by employing a non-invasive, touch-based approach that eliminates the need for breath, blood, or urine samples. Its dual-component system includes detection hardware that provides immediate results and a sophisticated cloud platform that records, analyzes, and reports user and business data. This integrated model not only streamlines compliance and administrative processes but also offers measurable, statistical insights that benefit diverse operational environments. Revenue is generated through the sale of cloud-based software solutions, detection devices, and related data reporting services, all built on a foundation of responsive technology and scalable operations.

Market Position and Strategic Applications

Positioned within a critical niche of safety and compliance, SOBR Safe Inc serves sectors where regular alcohol monitoring is essential. Its technology is instrumental for behavioral health centers that require continuous patient monitoring, judicial systems that depend on accurate sobriety data, and commercial enterprises focused on workforce safety. The company’s products, engineered for accuracy and efficiency, are designed to meet both mandatory testing requirements and the broader need for operational oversight. By targeting sectors with an inherent demand for reliable monitoring, SOBR Safe Inc strategically differentiates itself in competitive and regulated markets.

Operational Excellence and Industry Significance

Since its founding in 2004, SOBR Safe Inc has consistently emphasized innovation and reliability. Headquartered in Colorado, the company upholds a commitment to improving both patient outcomes and operational efficiencies across multiple sectors. Its adaptive business model, focused on integrating advanced detection technology with real-time data management, underlines its role as an essential tool for organizations requiring stringent alcohol monitoring. With a focus on non-invasiveness and continuous data flow, the company addresses critical gaps left by outdated, invasive testing methods.

Application in Diverse Sectors

SOBR Safe Inc tailors its solutions to the unique needs of various industries:

  • Behavioral Health: Implements continuous monitoring solutions that simplify patient tracking, support long-term treatment, and enable digital recordkeeping.
  • Judicial and Probation: Provides legally compliant, objective data for court-mandated sobriety testing, ensuring reliable tracking for offenders and those under supervision.
  • Commercial and Industrial Operations: Enhances workplace safety and regulatory compliance in fleet management, manufacturing, and other critical infrastructure sectors through real-time monitoring and reporting.

Expertise, Experience, and Trustworthiness

Leveraging nearly two decades of experience, SOBR Safe Inc exemplifies operational expertise and technological acumen. Its commitment to integrating #AlcoholDetection #TransdermalTechnology and cloud-based analytics manifests a thorough understanding of industry demands. The company’s systems are developed with precision, ensuring that detection is both humane and effective. With rigorous data-driven methodologies and strong industry partnerships, SOBR Safe Inc has established a reputation based on trust and measurable results, meeting the evolving needs of high-demand sectors.

Rhea-AI Summary

SOBRsafe, Inc. has secured a new three-facility behavioral health customer in Southern California and a new justice channel partner in Texas. The company signed agreements to provide alcohol detection solutions to these new partners, expanding its presence in key markets. The behavioral health customer has installed SOBRcheck devices in each facility to improve screening processes, while the channel partner plans to utilize SOBRsafe technology for various applications. SOBRsafe has experienced significant growth in 2024 with 18 new accounts secured, compared to only three in 2023.

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SOBRsafe, a provider of transdermal alcohol detection solutions, has entered the Florida market by signing an agreement with a four-facility behavioral health provider. The customer has installed SOBRcheck in all facilities for point-of-care screening and is evaluating SOBRsure for continuous monitoring. This deal is part of sixteen new accounts secured in Q1 2024, a significant increase from the previous year. The technology replaces breathalyzers, offering quick and non-invasive alcohol detection, streamlining operations, and enhancing screening protocols.
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SOBR Safe, Inc. CEO Dave Gandini provides a video update on the company's evolved sales focus, 2024 progress report, and future strategy. The company recently filed its Fiscal 2023 10-K report with the SEC, emphasizing transparency and progress.
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SOBR Safe, Inc. introduces Touch-Based Alcohol Detection Solution in a behavioral health webinar. The webinar highlights the importance of monitoring during transitional phases in recovery and the affordability of SOBRsure™ bands for long-term sobriety support.
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SOBR Safe, Inc. (NASDAQ: SOBR) announces Lake Erie Interlock's purchase of SOBRcheck and SOBRsure devices, expanding alcohol detection services in Ohio. The partnership aims to support sobriety and prevent relapse through real-time testing and discreet monitoring.
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SOBR Safe, Inc. (NASDAQ:SOBR) announces a behavioral health webinar on next-gen alcohol detection solutions with industry experts.
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SOBR Safe, Inc. expands its support of the behavioral health continuum of care by partnering with The Neeble Diamond Group to utilize SOBRcheck technology for alcohol detection in therapy sessions. The partnership aims to ensure alcohol safety while maintaining patient dignity.
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SOBR Safe, Inc. launches a new behavioral health webinar series focusing on touch-based alcohol detection solutions. The webinar features industry leaders and best practices in alcohol monitoring.
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SOBR Safe, Inc. expands its support in the behavioral health continuum of care by partnering with Breyta House, a women's recovery sanctuary. SOBRsafe introduces SOBRcheck for point-of-care alcohol screening, enhancing the sober living experience. The partnership aims to empower women on their recovery journey, utilizing next-generation technology.
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SOBR Safe, Inc. (NASDAQ: SOBR) announces the expansion of its alcohol detection technology in a behavioral health customer in Southern California. The customer has adopted both SOBRcheck and SOBRsure solutions, showcasing the effectiveness and versatility of SOBRsafe technology in the healthcare sector.
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FAQ

What is the current stock price of Sobr Safe (SOBR)?

The current stock price of Sobr Safe (SOBR) is $3.56 as of April 18, 2025.

What is the market cap of Sobr Safe (SOBR)?

The market cap of Sobr Safe (SOBR) is approximately 418.6K.

What core technology does SOBR Safe Inc offer?

SOBR Safe Inc offers a non-invasive, touch-based alcohol detection system integrated with a cloud-based software platform for real-time data analytics and identity verification.

Which industries benefit from SOBR Safe Inc's products?

Their solutions are used in behavioral health, judicial monitoring, commercial fleet management, industrial operations, and critical infrastructure applications.

How does the company differentiate its products from traditional alcohol testing methods?

Unlike conventional methods, their technology is non-invasive and contactless, eliminating the need for breath, blood, or urine samples while offering continuous, real-time monitoring.

What are the primary offerings of SOBR Safe Inc?

The company provides products like the point-of-care alcohol detection system and a wearable device for continuous monitoring, supported by a robust, scalable cloud platform.

Where is SOBR Safe Inc headquartered?

The company was founded in 2004 and is headquartered in Colorado.

How does SOBR Safe Inc generate revenue?

Revenue is generated through selling integrated hardware and cloud-based software solutions, along with related services for data collection, reporting, and analysis.

In what ways is the company positioned within the market?

SOBR Safe Inc is strategically positioned to serve regulated sectors requiring reliable and efficient alcohol testing solutions, addressing both compliance and operational efficiency needs.
Sobr Safe Inc

Nasdaq:SOBR

SOBR Rankings

SOBR Stock Data

418.56k
974.58k
28.36%
44.91%
27.54%
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