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Wenco acquires fatigue monitoring wearable device maker SmartCap 06 May 2021 (Last Updated May 6th, 2021 12:47)
Wenco International Mining Systems has acquired all assets and intellectual property of fatigue monitoring wearable maker SmartCap Technologies.
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The deal will merge fatigue monitoring capability to the safety solution portfolio of Wenco.
The SmartCap device evaluates fatigue levels in real-time and screens for oncoming microsleeps that can cause safety hazards. More than 5,000 consumers in mining, trucking, and various sectors are using the device.
Wenco noted that the SmartCap improves the workers’ ability to stay safe.
SmartCap CEO Tim Ekert said: “This purchase is an important step for the continued growth of the SmartCap fatigue technology. We have made significant progress these past eight years and we are proud of every safety incident our technology has prevented.
Wenco International Mining Systems acquires SmartCap, the world s leading fatigue monitoring wearable device
VANCOUVER, BC, May 6, 2021 /PRNewswire/ Wenco International Mining Systems Ltd. ( Wenco ) is pleased to announce its purchase of all assets and intellectual property of SmartCap Technologies Pty Ltd ( SmartCap ), engineers of the world s leading fatigue monitoring wearable.
Based in Brisbane, Australia, SmartCap assesses real-time fatigue levels and monitors for oncoming microsleeps that create safety hazards. The SmartCap device has over 5,000 users globally in mining, trucking, and other industries. This purchase is an important step for the continued growth of the SmartCap fatigue technology, says SmartCap CEO Tim Ekert. We have made significant progress these past eight years and we are proud of every safety incident our technology has prevented.