Spacetalk Limited (ASX:SPA) has launched its Spacetalk Life watch as a Mobile Personal Emergency Response System (mPERS), partnering with Safety Link for 24/7 monitoring. The device, meeting Australian safety standards, includes features like fall detection, SOS function, and GPS. Bundled with a Spacetalk Mobile 4G plan and companion app subscription, it targets seniors and lone workers. Safety Link, part of Grampians Health, offers nationwide monitoring services, catering to various clients, including NDIS recipients.
This collaboration aims to provide peace of mind for families and independence for individuals. With Australia's aging population, the demand for in-home care solutions rises, aligning with federal initiatives like CHSP and HCP funding. Spacetalk's CEO, Simon Crowther, highlights their commitment to seniors' safety and their expansion into B2B and B2B2C markets, ensuring sustained growth and profitability.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
