MWR - Children's Safety Spacetalk Watch - Australia
SP = $1.88
SOI : 11,528,591
Cash: $3 Million ( including recent CR funds of $1.5 Million)
MC = $20 Million.
SPACETALK is an all-in-one children’s Smartphone, Watch and GPS Tracker that allows parents and children to remain in constant contact without exposing their kids to the dangers of social media apps, such as Facebook, Instagram, YouTube, Google and unrestricted access to the Internet.
It is the first of its kind to be wholly developed in Australia and one of the first worldwide. The child can make or receive calls from a list of contacts parents choose in the AllMyTribe® smartphone app. If the child needs help, a special SOS alert function can be customised to call parents and other guardians. Parents can see their child's location on their smartphone and the AllMyTribe App features alerts so whenever a child leaves designated safe spaces such as school or home, parents are notified. A step counter tracks the wearer’s physical activity.
SPACETALK has been independently verified by leading international cyber security experts as “unhackable”, and has world’s best practice security and privacy features built in.
SPACETALK Media Coverage
The Company continues to receive very extensive and favorable media coverage, with Channel 9 News, Channel 7 News, Channel 9 Morning Show, Radio 3AW, Radio 2UE and other traditional media coverage since launch.
All SPACETALK watches sold to date are operating on the Telstra Network reliably and safely, so the company is hopeful that obtaining Telstra Corporation’s approval to sell in Telstra Licensee Shops is a formality.
The company is well advanced with negotiations with other leading bricks and mortar retailers across Australia and internationally and expects agreements to be finalised within weeks.
“Our company has been contacted by a South East Asian distributor to sell Spacetalk. Product trials have commenced.”
" We’ve begun our international sales rollout and already have interest from international Mobile Network Operators and Distributors."
“We firmly believe our product, targeting children aged between four and 12, leads the world, vindicating our thorough research, development and investment over almost four years that was fully funded by company cash reserves.”
“Estimates on the Australian market size for kids smartwatch phones is now at 120,000-180,000 sales per year, or $30 million to $60 million per annum."
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