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Vital Alert Communication

77 Bloor St W, Toronto, ON, M5S 1M2, Canada

Overview

Vital Alert Communication specializes in through‑the‑earth (TTE) and wireless communications that penetrate earth, man‑made and natural barriers to deliver secure, real‑time voice, text and low‑speed data and integrate with existing platforms. Its solutions use very low frequency (VLF) links suited to mines, subways, pipelines, tunnels and other obstructed or hard‑to‑service areas, and are positioned as lower‑cost complements or backups to traditional networks. Vital holds several patents pending and holds exclusive rights to a Los Alamos National Laboratory patent for digital transmission TTE under license. Management and FCF note Vital has an extensive pipeline in military, public safety and critical‑infrastructure clients and appears positioned for near‑term growth. An independent valuation dated September 30, 2015 placed Vital's equity value between US$9.9 million and US$14.8 million. The company has taken short‑term financing (an advance from Harrington) and ownership stakes by insiders are described in the announcement.

Total raised
$2M
Funding rounds
1
Latest round
Equity
Latest activity
Dec 2015

Industries

  • Communications Infrastructure
  • Information Services
  • Information Technology
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Recent funding

  1. Equity

    Dec 2015

    $2M

Team

No current team members are available.