Wytec Announces Its Uplisting Preparation to the Nasdaq Capital Markets in Conjunction With Completing Its AI Gunshot Detection Technology
Wytec (OTCQB:WYTC) has announced plans to uplist to the Nasdaq Capital Markets to accelerate their Pilot Smart Sensor Project for detecting active threats like gunshots in America's Independent School Districts and cities. The company's AI-based sensor technology has demonstrated over 90% gunshot detection accuracy on more than 400,000 live samples and simulated environments.
Wytec is expanding its partnership with the Lemko under a Master Services Agreement to commercialize and offer Smart Sensor solutions globally. The uplisting to Nasdaq aims to provide additional exposure to capital markets and access to a $100M shelf registration contract with Global Emerging Markets. Wytec plans to file its Nasdaq uplisting application in November.
Wytec (OTCQB:WYTC) ha annunciato piani per passare al mercato Nasdaq Capital per accelerare il loro Progetto Pilota Smart Sensor, volto a rilevare minacce attive come gli spari nei distretti scolastici indipendenti e nelle città americane. La tecnologia dei sensori basata sull'IA dell'azienda ha dimostrato un'accuratezza di rilevamento degli spari superiore al 90% su più di 400.000 campioni e ambienti simulati.
Wytec sta ampliando la sua partnership con Lemko attraverso un Accordo Quadro di Servizi per commercializzare e offrire soluzioni Smart Sensor a livello globale. Il passaggio al Nasdaq mira a fornire maggiore visibilità sui mercati finanziari e accesso a un contratto di registrazione shelf da 100 milioni di dollari con i Mercati Emergenti Globali. Wytec prevede di presentare la sua domanda di passaggio al Nasdaq a novembre.
Wytec (OTCQB:WYTC) ha anunciado planes para listarse en el mercado Nasdaq Capital para acelerar su Proyecto Piloto de Sensores Inteligentes, que busca detectar amenazas activas como disparos en los distritos escolares independientes y ciudades de América. La tecnología de sensores basada en IA de la empresa ha demostrado una precisión de detección de disparos superior al 90% en más de 400,000 muestras en vivo y entornos simulados.
Wytec está ampliando su asociación con Lemko bajo un Acuerdo Marco de Servicios para comercializar y ofrecer soluciones de Sensores Inteligentes a nivel mundial. La inclusión en Nasdaq tiene como objetivo proporcionar una mayor exposición a los mercados de capital y acceso a un contrato de registro en estantería de 100 millones de dólares con los Mercados Emergentes Globales. Wytec planea presentar su solicitud de inclusión en Nasdaq en noviembre.
Wytec (OTCQB:WYTC)는 나스닥 자본 시장으로의 상장 계획을 발표하여 미국의 독립 학교 구역 및 도시에서 총격과 같은 실제 위협을 탐지하기 위한 파일럿 스마트 센서 프로젝트를 가속화하려 합니다. 이 회사의 AI 기반 센서 기술은 40만 건 이상의 실시간 샘플 및 시뮬레이션된 환경에서 90% 이상의 총격 탐지 정확도를 보여주었습니다.
Wytec은 레믹과의 마스터 서비스 계약 아래 파트너십을 확대하여 전 세계에 스마트 센서 솔루션을 상용화하고 제공합니다. 나스닥 상장은 자본 시장에 대한 추가 노출과 글로벌 신흥 시장과의 1억 달러 규모의 저장 등록 계약에 접근하기 위한 것입니다. Wytec은 11월에 나스닥 상장 신청서를 제출할 계획입니다.
Wytec (OTCQB:WYTC) a annoncé des plans pour se lister sur le marché Nasdaq Capital afin d'accélérer son projet pilote de capteur intelligent pour détecter des menaces actives comme des tirs dans les districts scolaires indépendants et les villes américaines. La technologie de capteur basée sur l'IA de l'entreprise a démontré une précision de détection de tirs de plus de 90 % sur plus de 400 000 échantillons en direct et des environnements simulés.
Wytec élargit son partenariat avec Lemko dans le cadre d'un contrat de services principal pour commercialiser et offrir des solutions de capteur intelligent à l'échelle mondiale. La cotation au Nasdaq vise à fournir une exposition supplémentaire aux marchés financiers et à accéder à un contrat d'enregistrement en étagère de 100 millions de dollars avec les marchés émergents mondiaux. Wytec prévoit de soumettre sa demande de cotation au Nasdaq en novembre.
Wytec (OTCQB:WYTC) hat Pläne angekündigt, um an den Nasdaq Capital Markets aufzulisten, um ihr Pilotprojekt für intelligente Sensoren zur Erkennung aktiver Bedrohungen wie Schüsse in den unabhängigen Schulbezirken und Städten Amerikas zu beschleunigen. Die KI-basierte Sensortechnologie des Unternehmens hat eine Genauigkeit von über 90 % bei der Schussdetektion in mehr als 400.000 Live-Proben und simulierten Umgebungen demonstriert.
Wytec erweitert die Partnerschaft mit Lemko im Rahmen eines Master-Service-Vertrags, um intelligente Sensorlösungen weltweit zu kommerzialisieren und anzubieten. Die Auflistung an der Nasdaq zielt darauf ab, zusätzliche Sichtbarkeit in den Kapitalmärkten zu schaffen und Zugang zu einem Registrierungsvertrag über 100 Millionen USD mit Global Emerging Markets zu erhalten. Wytec plant, im November den Antrag für die Nasdaq-Listung einzureichen.
- Plans to uplist to Nasdaq Capital Markets, potentially increasing visibility and access to capital
- AI-based sensor technology demonstrates over 90% gunshot detection accuracy
- Expansion of partnership with Lemko for global commercialization
- $100M shelf registration contract with Global Emerging Markets
- None.
SAN ANTONIO, Texas, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Wytec (OTCQB:WYTC) has announced today, plans to uplist to the Nasdaq Capital Markets to accelerate their Pilot Smart Sensor Project to be demonstrated in detecting active threats such as gunshots within America’s Independent School Districts (ISD’s) and cities. Wytec’s AI based sensor technology is patent protected and has produced a better than
The uplisting to Nasdaq includes expanding Wytec’s partnership with the Lemko Corporation under a Master Services Agreement utilizing their collective intellectual property and products to commercialize and offer its Smart Sensor solutions globally. “The Lemko Corporation, with over 50 patents related to its Distributed Mobile Architecture (DMA), will dramatically enhance Wytec’s expansion objective to assist in solving America’s growing gun violence and drug epidemic injuring our children and students within U.S. cities and ISD properties,” states Wytec’s CTO, Robert Sanchez.
Wytec plans to file its Nasdaq uplisting application in November providing additional exposure to the capital markets and access to its
“We are honored and extremely excited to be partnering with Wytec to deliver such an important capability for our schools and communities,” explained Brian Ponte, Vice President – Sales and Marketing for Lemko. “Our combined efforts will deliver a solution that significantly improves safety and protects our children throughout the United States and abroad.”
About Wytec
Wytec is a 5G network development company with proprietary, patent and patent-pending AI/sensor technology designed to support gunshot detection, drug sensing technology for public safety and distance learning solutions for schools and cities.
For further information about Wytec International, (OTCQB:WYTC), please visit www.wytecintl.com or follow us on social media via X (Twitter), or LinkedIn.
About Lemko
Lemko Corporation’s patented Distributed Mobile Architecture (DMA) provides the world’s leading fully edge capable mobile network platform. Our mission is to provide simple and resilient 4G/5G wireless networks for use in Industrial IoT applications, private 4G/5G networks, wireless rural broadband systems and military and public safety deployments. Lemko’s DMA systems are designed to be more reliable, survivable and portable than conventional 4G/5G systems. Lemko is based in Schaumburg, Illinois. To learn more about Lemko, visit www.lemkocorp.com or follow us at www.linkedin.com/company/lemko
Contact:
Erica Perez
210-233-8980
eperez@wytecintl.com
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FAQ
What is Wytec's plan for uplisting and when will they file the application?
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