Mr Plowright said the funds raised through listing would enable...

Mr Plowright said the funds raised through listing would enable the company to grow its customer and product base.

“We have more than 105 blue-chip clients on board at the moment and at least 90 more contacted us recently but until now we haven’t had the resources to cope with that level of traffic,” he said.

“It will now be pedal to the metal to add new clients and we plan to launch some new and very exciting products very soon.”

He said Aeeris was looking to expand into markets such as finance, agriculture and health and launch new apps and alerts ranging from a smartwatch to wellbeing monitors for at-risk clientele.

“We are already looking to go offshore after fielding inquiries from Asia and North America; our model is extremely scaleable,” he said.
He said demand for early disaster warnings was rising as the cost of natural disasters soared.

In Australia, disasters are estimated to cost the economy $6.3 billion a year and that is expected to reach $23 billion by 2050.