i.safe MOBILE Invests Seven-digit Figure in Start-up Company Senseven as Part of Strategic Alliance

Summary

March 30, 2023 - i.safe MOBILE, innovation and global market leader for explosion-proof mobile devices and solutions, continues to drive the area of technology and innovation and participates as a strategic partner and investor with a seven-digit amount in the Austrian startup Senseven.

Senseven is the developer of a software and AI-based mobile inspection system for industrial assets and was founded in Vienna in 2021 by the two engineers Michael Hettegger and Christoph Altmann. In 2022, Anna Maria Grausgruber joined the management team for business management. With the technology partnership, i.safe MOBILE is intensifying its expansion course and, with the topic of artificial intelligence, is focusing on a promising trend that supports companies in transforming their business models in order to save time and costs, focus on sustainability and remain globally competitive. Both companies are targeting customers in the chemical, pharmaceutical, oil and gas processing and other demanding industries in the ex-sector.

Software and artificial intelligence as innovation drivers

With its investment in Senseven, i.safe MOBILE, as a globally established manufacturer in the field of explosion protection, is focusing on the integration of new, promising software solutions with AI technology. The partnership offers i.safe MOBILE access to the latest and most forward-looking innovations and, by expanding its range of products and services, also opens up great potential for innovation and growth outside i.safe MOBILE's existing field of business.  The topic of artificial intelligence, especially in the automation and maintenance area, will continue to play an important role in the industrial sector to make processes more efficient and environmentally friendly, save costs and strengthen the resilience of companies in the long term.

"Senseven convinced us immediately with their innovative approach. The partnership creates extensive opportunities for us and our customers. Together with Senseven, we are addressing inspection software and AI to develop solutions and implement them with our products. Our common goal is to enable our customers to increase productivity and reduce inspection costs. We are excited about this first step into a long-term cooperation," commented Martin Haaf, CEO of i.safe MOBILE.

"We are pleased that we were able to win i.safe MOBILE as a strategic investor. After the first successful product launch in 2022, the partnership is an important milestone for us. It opens the possibility of expanding the application into other industries and allows our customers to use the inspection software safely in potentially hazardous areas," said Michael Hettegger, CEO and co-founder of Senseven.

About i.safe MOBILE

i.safe MOBILE GmbH, based in Lauda-Koenigshofen, was founded in 2011 and is global market leader and one of the most innovative developers of mobile communication devices such as mobile phones, smartphones, tablet PCs etc. for safe use in hazardous areas and for robust use in industry and outdoors. Engineers and specialists at the Lauda-Koenigshofen site develop practice-oriented products and individual, customer-specific software solutions based on legal regulations such as ATEX, IECEx, NEC 500 and EAC. The i.safe MOBILE R&D team incorporates all international standards into product development and is itself an active member of the relevant standardization committees. In order to meet all explosion protection requirements, the products are developed from scratch. This gives customers worldwide the certainty of using high-quality communication technology at the latest technical level. In addition, i.safe MOBILE cooperates with solution providers in the areas of push-to-talk, mobile device management, maintenance software or lone worker in order to be able to offer complete solutions from a single source. i.safe MOBILE is represented by a subsidiary in Singapore and sales partners in 72 countries in Europe, the USA, Latin America, South Africa, the Middle East, Australia and Asia.