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iWOW Secures Contract to Enhance Wireless Alert System for Seniors

Story Highlights
  • iWOW Technology Limited to expand Wireless Alert Alarm System to reach 26,800 more seniors.
  • New contract includes custom alert devices and additional IoT solutions for enhanced eldercare.
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iWOW Secures Contract to Enhance Wireless Alert System for Seniors

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iWOW Technology Limited ( (SG:NXR) ) just unveiled an update.

iWOW Technology Limited has secured a new contract with the Government Technology Agency of Singapore to expand its Wireless Alert Alarm System (WAAS) to 170 additional rental blocks, benefiting approximately 26,800 vulnerable seniors. The contract introduces a custom-designed alert device with advanced features like LoRaWAN capability and 4G cellular voice, aimed at enhancing safety and aging-in-place initiatives through additional IoT solutions such as fall detection sensors.

More about iWOW Technology Limited

iWOW Technology Limited is a Singapore-based IoT solutions provider, focusing on innovative technologies for enhancing safety and connectivity. The company is listed on the Singapore Exchange and specializes in deploying wireless alert systems, particularly for eldercare.

YTD Price Performance: -3.23%

Average Trading Volume: 22,185

Technical Sentiment Consensus Rating: Buy

For a thorough assessment of NXR stock, go to TipRanks’ Stock Analysis page.

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