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 citt脿 americane. La tecnologia dei sensori basata sull'IA dell'azienda ha dimostrato un'accuratezza di rilevamento degli spari superiore al 90% su pi霉 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 visibilit脿 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 Am茅rica. La tecnolog铆a de sensores basada en IA de la empresa ha demostrado una precisi贸n de detecci贸n de disparos superior al 90% en m谩s de 400,000 muestras en vivo y entornos simulados.
Wytec est谩 ampliando su asociaci贸n con Lemko bajo un Acuerdo Marco de Servicios para comercializar y ofrecer soluciones de Sensores Inteligentes a nivel mundial. La inclusi贸n en Nasdaq tiene como objetivo proporcionar una mayor exposici贸n a los mercados de capital y acceso a un contrato de registro en estanter铆a de 100 millones de d贸lares con los Mercados Emergentes Globales. Wytec planea presentar su solicitud de inclusi贸n en Nasdaq en noviembre.
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Wytec (OTCQB:WYTC) a annonc茅 des plans pour se lister sur le march茅 Nasdaq Capital afin d'acc茅l茅rer son projet pilote de capteur intelligent pour d茅tecter des menaces actives comme des tirs dans les districts scolaires ind茅pendants et les villes am茅ricaines. La technologie de capteur bas茅e sur l'IA de l'entreprise a d茅montr茅 une pr茅cision de d茅tection de tirs de plus de 90 % sur plus de 400 000 茅chantillons en direct et des environnements simul茅s.
Wytec 茅largit son partenariat avec Lemko dans le cadre d'un contrat de services principal pour commercialiser et offrir des solutions de capteur intelligent 脿 l'茅chelle mondiale. La cotation au Nasdaq vise 脿 fournir une exposition suppl茅mentaire aux march茅s financiers et 脿 acc茅der 脿 un contrat d'enregistrement en 茅tag猫re de 100 millions de dollars avec les march茅s 茅mergents mondiaux. Wytec pr茅voit de soumettre sa demande de cotation au Nasdaq en novembre.
Wytec (OTCQB:WYTC) hat Pl盲ne angek眉ndigt, um an den Nasdaq Capital Markets aufzulisten, um ihr Pilotprojekt f眉r intelligente Sensoren zur Erkennung aktiver Bedrohungen wie Sch眉sse in den unabh盲ngigen Schulbezirken und St盲dten Amerikas zu beschleunigen. Die KI-basierte Sensortechnologie des Unternehmens hat eine Genauigkeit von 眉ber 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 Sensorl枚sungen weltweit zu kommerzialisieren und anzubieten. Die Auflistung an der Nasdaq zielt darauf ab, zus盲tzliche Sichtbarkeit in den Kapitalm盲rkten zu schaffen und Zugang zu einem Registrierungsvertrag 眉ber 100 Millionen USD mit Global Emerging Markets zu erhalten. Wytec plant, im November den Antrag f眉r 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鈥檚 Independent School Districts (ISD鈥檚) and cities. Wytec鈥檚 AI based sensor technology is patent protected and has produced a better than
The uplisting to Nasdaq includes expanding Wytec鈥檚 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. 鈥淭he Lemko Corporation, with over 50 patents related to its Distributed Mobile Architecture (DMA), will dramatically enhance Wytec鈥檚 expansion objective to assist in solving America鈥檚 growing gun violence and drug epidemic injuring our children and students within U.S. cities and ISD properties,鈥� states Wytec鈥檚 CTO, Robert Sanchez.
Wytec plans to file its Nasdaq uplisting application in November providing additional exposure to the capital markets and access to its
鈥�We are honored and extremely excited to be partnering with Wytec to deliver such an important capability for our schools and communities,鈥� explained Brian Ponte, Vice President 鈥� Sales and Marketing for Lemko. 鈥淥ur combined efforts will deliver a solution that significantly improves safety and protects our children throughout the United States and abroad.鈥�
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 or follow us on social media via X (), or .
About Lemko
Lemko Corporation鈥檚 patented Distributed Mobile Architecture (DMA) provides the world鈥檚 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鈥檚 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 or follow us at
Contact:
Erica Perez
210-233-8980
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FAQ
What is Wytec's plan for uplisting and when will they file the application?
What is the accuracy rate of Wytec's AI-based gunshot detection technology?
Who is Wytec partnering with for their Smart Sensor solutions?
What is the value of Wytec's shelf registration contract with Global Emerging Markets?
