In a major move to exploit its innovative location monitoring technology, OxLoc Ltd, an Oxford University spin-out company, has chosen to partner with the leading European animal tracking company Televilt.
OxLoc Technology
OxLoc will provide their unique miniature GPS-GSM modules which will be embedded into Televilt’s existing animal collar. Keith Dobson, OxLoc’s CEO, said: ‘The animal tracking environment is very harsh where existing technologies suffer from high costs associated with retrieval of location data. The OxLoc technology solution delivers a significant improvement, and has better tracking performance, reliability and cost effectiveness’.
This is the first of several alliances planned by OxLoc. Initial business development activity is in the animal tracking arena but the company is already planning to exploit the remote data acquisition and global data access technology in other areas where a lightweight, reliable device is required, such as asset, domestic pet and human tracking.
‘Our agreement with Televilt will enable us to make an early entry into the animal tracking market and continue to develop other market opportunities’ said Susan Roy, OxLoc’s Marketing Manager. OxLoc’s next target market is asset monitoring, where the company will provide the ability to track high-value plant, cargo and goods via their OxLocTrax® website.