Join our daily newsletter At The Bell to receive exclusive market insights
- Sensera (SE1) has signed a worldwide distribution agreement with electronics supplier Braemac
- Breamac will now supply Sensera microdevices as part of its electronics catalogue
- Sensera develops sensors and operational systems to help companies monitor and control environmental conditions
- Sensera hopes the distribution agreement will increase sales in the Pacific Rim region
- At market close, Sensera remained steady, with shares currently trading for 0.8 cents
Software company Sensera (SE1) has signed a worldwide distribution agreement with electronics supplier Braemac.
According to the agreement, Breamac will now supply Sensera microdevices as part of its electronics catalogue.
Sensera specialises in “internet-of-things” development. “Internet-of-things” is an interconnected series of sensors and programs, which can each trade data freely across an operating system.
The systems and sensors allow companies to monitor and control environmental conditions around the clock and without the need for staff.
Sensera technology and software has been implemented broadly across the mining, healthcare, livestock and manufacturing industries.
Braemac is an electronics provider and distributes widely across Australia and New Zealand.
The company currently operates offices in Sydney, Aukland, Hong Kong, China, Vietnam, Singapore, the UK, Canada and the USA.
Sensera stated that this distribution deal could open up sales throughout the Pacific Rim region.
Ralph Schmitt, CEO of Sensera, is pleased to be working with Braemac.
“Braemac is an expert in the internet-of-things and wireless space. They represent leading brands in these sectors. Our portfolio of products and applications tightly aligns with their business focus and I’m looking forward to us working closely together,” Ralph said.
Kristen Pimpini, CEO of Braemac, believes Sensera’s technology will complement Braemac’s existing catalogue.
“This will provide our existing customers with more capabilities, and certainly promises new growth opportunities for Braemac as well,” Kristin concluded.
At market close, Sensera remained steady, with shares currently trading for 0.8 cents and a market cap of $2.57 million
