VANCOUVER, BC, CANADA – (February 15, 2022) – VoltSafe Inc. is thrilled to announce the initial entrance of its flagship plug technology into the European marketplace. The development of a one of a kind AC connector solution for a Robotics vertical with significant presence in the European Smart Building Audio-Visual market is underway. Successful completion of the pilot project is expected to result in appreciable recurring orders.
The global outdoor smart building LED display market size was valued at approximately USD$6.4 billion in 2020 and is projected to reach USD$14.5 billion by 2030. The increasing adoption of LED displays across multiple applications is anticipated to drive market growth. In addition to more traditional applications like sporting events, music concerts and festivals, product launches, brand endorsements, traditional advertising and political assemblies, many businesses are beginning to use advanced technologies such as augmented reality, artificial intelligence, dynamic content and social media advertising to increase customer engagement. Outdoor LEDs use significantly less energy compared to other technologies, helping reduce carbon emissions.
Commenting on the project, VoltSafe’s CTO, Sanad Aridah stated, “It’s incredibly exciting to get a glimpse of all the future applications that will be enabled and powered by VoltSafe Tech. This project will demonstrate the value that safe and reliable (AC) magnetic connectors bring to the world of automation, robotic testing and manufacturing; all while improving efficiency, reducing failure points and overall system complexity.”
Investors interested in learning more about the company’s global vision should contact VoltSafe CFO, Scott Carlson, by email at scott@voltsafe.com.