Convert Technologies is a highly specialised and disruptive technology company with a mission to develop innovative solutions around intelligent location reporting and secure data services, which when combined, is the real strength of our technology platform. We have been awarded substantial Innovate UK funding to support the developments into the Military & Aerospace, Rail, and Healthcare Logistics sectors.
On formation, Convert’s initial technology focus was in home entertainment, which produced a successful internet of things (IOT) media platform. This led us to investigate emerging technologies developing around future networks, in particular LoRa® networks and radio ranging at 2.4GHz.
We believed this platform could be developed to provide accurate location services to compliment, or compete with, existing solutions based on GPS, Wi-Fi, RFID, BLE (Bluetooth Low Energy) or UWB (Ultra- wideband).
This development has proved successful, and we are now being recognised as the world leaders, offering indoor and outdoor accuracy of up to ~95% of readings within 2m, ~75% within 1m, whilst reducing power and battery consumption.
To maximise the deployment of this technology, we are looking to license it, in whole or part, to commercial partners who are looking to gain access to a market that is forecast to grow from $6bn in 2020 to $17bn by 2025 – a compound growth rate of 22.5%.