t42 IoT Tracking Solutions PLC (TRAC)

t42 IoT Tracking Solutions PLC, a technology company, provides wireless solutions for the remote tracking, monitoring, protection, and management of people, fleet of vehicles, containers, and assets. It operates in Hardware and SaaS segments. The company provides Tetis, a complete tracking and monitoring solution for dry containers; Tetis R, a solution for refrigerated cargo and integrates multiple sensors; Tetis R Hybrid, provides combined connectivity both cellular and iridium satellite that allows to track and monitor cargo anywhere and anytime; Lokies, a keyless padlock with IoT capabilities; WatchLock Cube, a smart reporting locks; Kylos, a GPS tracker and management system for asset management, monitoring, and tracking; Kylos Forever, a solution that provides real-time valuable information for valuable assets which is used in remote areas and under extreme weather condition; and Kylos Air, a sophisticated tracking system, designed for monitoring and tracking air cargo. It also offers online web application tools for web-based fleet management, container, and asset management; Control Center, an operational procedure for various emergency situations comprising theft, accidents, or driver emergency; and Olympia Tracking, an application for iOS and Android-based mobile devices. In addition, it provides big-data cloud storage, staff training, global technical support, and customer service. The company offers solutions for shipping companies, freight forwarders, insurance companies, customs authorities, homeland security, and marine police forces. It sells its products indirectly through a global network of distributors, system integrators and strategic partners. The company was formerly known as Starcom plc and changed its name to t42 IoT Tracking Solutions PLC in November 2021. t42 IoT Tracking Solutions PLC was founded in 2004 and is based in Saint Helier, Jersey.