- TraceSafe (TSF) and Sixth Wave (SIXW) have joined forces to improve livestock safety
- The companies intend to create a non-intrusive, sensor-based product to detect pathogens and facilitate proactive prevention
- The partnership seeks to address the billions of dollars in lost livestock per year due to animal disease
- TraceSafe offers a full suite of real-time location management services and contact tracing solutions enabled through Bluetooth and the cloud
- Sixth Wave Innovations is a nanotechnology company focused on the extraction, purification and detection of target substances at the molecular level
- TraceSafe (TSF) is unchanged trading at $0.30 per share
- Sixth Wave (SIXW) is up by 3.23 per cent trading at $0.16 per share
TraceSafe (TSF) and Sixth Wave (SIXW) have joined forces to improve livestock safety.
The companies intend to create a non-intrusive, sensor-based product to detect pathogens and increase food supply-chain safety through real-time updates.
The solution will use advanced IoT and nanotechnology to detect substances at the molecular level, providing a proactive prevention and containment tool.
TraceSafe and Sixth Wave will target livestock producers, farmers and ranchers, who lose US$300B per year due to animal diseases, according to The World Organization for Animal Health.
“Coupled with Sixth Wave’s pathogen sensors, TraceSafe will be able to use its innovative IoT and advanced analytics platform in the agritech space, opening up a whole new exciting vertical for the company,” stated Wayne Lloyd, TraceSafe’s CEO.
“We are excited to partner up with TraceSafe in creating a truly innovative solution that will use the best of technology to proactively manage potential health risks in the food supply chain,” added Jonathan Gluckman, Sixth Wave’s President and CEO.
TraceSafe offers a full suite of real-time location management services and contact tracing solutions enabled through Bluetooth and the cloud.
Sixth Wave Innovations is a nanotechnology company focused on the extraction, purification and detection of target substances at the molecular level.
TraceSafe (TSF) is unchanged trading at $0.30 per share as of 9:46 am EST.
Sixth Wave (SIXW) is up by 3.23 per cent trading at $0.16 per share as of 9:33 am EST.
