Sensohive was pleased to welcome Kryton International Inc. from Vancouver Canada after partial acquisitions of 30% of the shares. This is a big milestone in Sensohive history and will set new speed on product deployment across the globe and the development of new products.
The global IoT market has been growing rapidly in the past years, and we have seen a huge growth in interest with our own end-to-end solution Maturix. The Maturix solution is a cloud platform helping the construction industry to monitor concrete curing through sensor measurements from our Orbit sensor series using the Sigfox communication protocol.
This investment and partnership will accelerate the international expansion of our Maturix solution and further enhance the foundational technologies and systems around Sensohive. Besides the investment, the introduction of Maturix to the North American market is planned with Kryton – and Kevin Yuers, Vice President – Product Development at Kryton, will take a seat on the board of directors.
Finally, a big thank you to all clients, partners, supporters, investors, and ambassadors who have been helping us on our journey so far.