Shark Mitigation Systems has climbed to the top of Techboard's latest ranking of startup companies, having spent the previous three fortnights at number two.
Many companies that list on the ASX do so with the promise of “going global” once they are listed but don't manage to live up to that promise. One recent ASX listing that looks like it might be good for its word is Perth based Shark Mitigation Systems who have just secured a contract to protect the world's best surfers with their “Clever Buoy' shark detection technology.
Techboard has named Velpic as its top trending company this fortnight, with the eLearning platform undertaking a capital raising and signing its first sporting and hospitality client.
Recently listed Perth shark deterrent and detection company Shark Mitigation Systems is now officially punching above its weight as an ASX junior after world surfing legend Taj Burrow agreed to lend his name to the brand as its world wide Ambassador. Burrow will draw global attention to the company's unique, scientifically inspired wetsuits and other products designed to deter shark attacks.
Vehicle protective system Rhinohide has dominated Techboard's startup ranking this fortnight following a successful pitch on Channel Ten's Shark Tank, which led to a bidding war between three of the investors.
Shark Mitigation Systems have announced the achievement of their first major milestone after only listing on the ASX last week. The company says that its “Clever Buoy” shark detection sonar is now ready for commercialization after successfully completing a trial at the iconic Bondi beach and receiving endorsement from the Australian Professional Ocean Lifeguard Association.
Listed companies have made up a strong contingent of this fortnight's hottest startups and tech companies, with the top five spots all taken by ASX-listed or soon-to-be listed companies.
There's an old saying that everyone's a genius with the benefit of hindsight. Looking back now it doesn't seem that hard to understand why new Shark deterrent and detection company Shark Mitigation Systems jumped 30% above its listing price last week following on from its admission to the ASX on Thursday. The company's share price touched 26c last week after listing at 20c.
Unique Australian shark deterrent and detection company Shark Mitigation Systems have raised $3.5m and will officially list on the ASX today at 10am. The company are seeking to further commercialize two exciting new shark deterrent technologies that have been partnered by Google and Optus and researched by the University of Western Australia.
Local tech firm Shark Mitigation Systems has launched a prospectus for a $4 million IPO, while two other WA companies have revised their plans for backdoor listings.
2015 was the world's worst year on record for unprovoked shark attacks according to The International Shark Attack File.This statistic has prompted Perth based Shark Mitigation Systems to float (SMS) its much talked about business on the ASX with the company prospectus now on the streets. SMS will raise $4m at 20c a share in a traditional IP
