Ann: Sensera achieves deployment in more than 50 commercial mines, page-3

Nanotron’s location awareness solutions for collision avoidance and underground tracking have already been deployed (sales) in over 50 of the world’s 62,000 commercial mines

Longer-term new capabilities such as gas sensors and location data analytics will increase nanotron’s share of the overall value chain of the mine’s ecosystem = even greater future revenue

Based on the current business model which is predominantly supply of hardware solutions, the Company earns recurring revenue from mine expansion, replacing tags and other hardware for maintenance.

An underground mine with an average of 1,500 mining workers, 50 vehicles and 20 kilometers of mining
tunnels buys the equivalent of up to US$75,000 worth of nanotron smart RF modules and anchor devices.
A surface mine with 100 mining workers and another 100 vehicles typically requires up to US$20,000
worth of nanotron components.

The very same recurring revenue model also applicable to the farm animal health market.....

Look forward to hearing more about Nanotrons Healthcare vertical next.....