TraceSafe Inc.: TraceSafe Investment Airbeam Announces 25 Million Raise and Pursues Public Listing
Tracesafe Inc.
( TraceSafe )
, a global leader in wearable safety tech and connected workforce solutions, including large-scale enterprise, venue management and asset tracking, is proud to announce that Airbeam Wireless Technologies ( Airbeam ) has reached an agreement to go public with a concurrent CAD 25 million raise.
Airbeam is a leading developer of solutions for 5G edge compute and wireless technologies, and is at the cutting edge of computing platforms for smart cities and roads. With 9.8 million Airbeam shares, representing approximately 14.3% of outstanding shares, TraceSafe is an early supporter of Airbeam s mission and one of the firm s largest shareholders. Airbeam is commitmented to building the technology powering the 5G edge, which is a critical component of the Internet of Things (IoT) and the future of connected workers, among countless other applications powering o