Wenco International Mining Systems Ltd. announced it purchased all assets and intellectual property of SmartCap Technologies Pty. Ltd., developers of a leading fatigue-monitoring wearable.
Based in Brisbane, Australia, SmartCap assesses real-time fatigue levels and monitors for oncoming microsleeps that create safety hazards. The SmartCap device has more than 5,000 users globally in mining, trucking and other industries.
SmartCap said the development is an important step for the continued growth of the solution. “We have made significant progress these past eight years and we are proud of every safety incident our technology has prevented,” SmartCap CEO Tim Ekert said. “We believe joining Wenco will enable us to grow even further and increase the safety of even more industrial operations.”
The acquisition adds a strategic, fatigue-monitoring capability to Wenco’s safety solution portfolio.