Fractus Collaborates with Connect America for Innovative Healthcare Solutions
Fractus and Connect America Join Forces
Fractus, a frontrunner in antenna technology, has recently announced a strategic licensing agreement with Connect America, a well-regarded provider of medical alert services across the United States. This partnership signals a significant advancement for both companies in the rapidly evolving Internet of Things (IoT) market, particularly within the healthcare sector.
The realm of medical alert solutions is crucial for enhancing safety and promoting independence for those who prefer to live with confidence at home. With an increasing percentage of the population desiring to maintain autonomy, these systems offer vital support in emergency situations. Connect America is recognized as a leader in this market, utilizing cutting-edge cellular connectivity and GPS technology in its device offerings. This partnership aligns seamlessly with Fractus' commitment to fostering innovation through superior antenna technology.
Fractus CEO, Jordi Ilario, expressed enthusiasm about the collaboration, stating, "We are thrilled to welcome Connect America as part of the Fractus family. This licensing agreement not only consolidates our foothold in the healthcare sector but also reflects our ongoing dedication to empowering industries with reliable and robust antenna solutions. The combination of our technologies will contribute to a safer, more interconnected world."
The medical alert services (MAS) sector is on a promising growth trajectory. It is anticipated that annual shipments of cellular-connected medical alert systems will reach approximately 1.6 million units by 2028 in the United States, with a compound annual growth rate (CAGR) of 8.3%. This shift is indicative of a broader transition, indicating that customers are moving towards portable and mobile medical alert systems, equipped with cellular and GPS capabilities that promise enhanced mobility.
Fractus' pioneering antenna technology is specifically designed to support seamless communication for MAS devices, thus addressing the burgeoning demand for high-quality Internet Protocol (IP) solutions within the healthcare industry. The licensing arrangement with Connect America stands as a critical milestone in Fractus' expanding IoT licensing program, calling on other industry leaders to leverage Fractus' expertise in antenna technology.
About Connect America
As the foremost provider of medical alert services in the United States, Connect America caters to millions through its array of advanced Personal Emergency Response Systems (PERS) and mobile PERS (mPERS). The company's core mission is centered on delivering safety, security, and peace of mind to its users and their families, ensuring reliable access to help at the push of a button.
About Fractus
Fractus has made a name for itself as a pioneer in antenna technology development, specifically for smartphones, tablets, and a variety of wireless IoT devices. Holding a patent portfolio featuring over 40 innovations, the company has received multiple accolades, including recognition as a Technology Pioneer at the 2005 Davos World Economic Forum. Their inventors have also been finalists for the European Inventor Award in 2014, and they received the European Inspiring Company Award in April 2017 from the London Stock Exchange.