Geonix Tracking Limited
- Portfolio Company: Geonix Tracking Limited
- Date of Initial Investment: 30 March 2007
- Round of Financing: First Round
- Sector: Satelite phone tracking equipment
- SWVF Role: Lead investor
Geonix Tracking develops and sells satellite and GSM telecoms hardware products for the tracking and security of people and assets working in remote and insecure locations, mainly in the Middle East, Africa and the Indian subcontinent. The company has already achieved initial orders for $200k worth of products from, amongst others, the Olive Group, a leading private security group. The funding from SWVF will assist in scaling up manufacturing and marketing efforts.
The company’s key product is the GT2000, a unit which attaches to a handheld satellite phone to enable it to be tracked on a continuous basis to within 10 metres of its location. This enables the user’s location to be monitored by their company or designated personal protection service. The GT2000’s level of performance, accuracy, portability and features are market-leading.
The GT2000 also features a vehicle docking station, enabling it to be used in cars, armoured vehicles, trucks, boats and trains, and an emergency keyfob which allows instantaneous panic alarms and positions to be relayed even when the user is away from the vehicle.
Website: www.geonix.com
