VoltSafe Launches Pilot Project with Leading European Smart Building Audio-Visual Company

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.



About VoltSafe Inc.

Fearless creators, obsessed with progress, VoltSafe Inc. is changing the way people connect to power. Headquartered in Vancouver, BC, the Canadian tech startup has reinvented the electrical plug by eliminating prongs, adding magnets and an “electrical fingerprint”. Using patented technology, VoltSafe has created the world’s safest, simplest, and smartest plug design since electricity came into homes more than 140 years ago. In 2018, VoltSafe successfully pitched on CBC’s Dragons’ Den, receiving three offers above ask and won the BC Cleantech Newcomer award at GLOBE Cleantech 2020 along with other accolades to date. The company’s first certified product to market, VoltSafe Winter (a magnetic extension cord for engine block heaters), is on store shelves in numerous big box retailers across Canada and the USA. The company’s product pipeline includes magnetic plug replacement solutions for household, commercial, industrial, marine, electric and autonomous vehicles, emergency services, data centres and more.