Wytec International Inc. WYTC

What this company does

In conjunction with ongoing design and development of our LPN-16, we currently generate revenue with an in-building cellular solution known “CelFi” under an agreement with Nextivity, Inc. (“Nextivity”). Wytec won the RFP and was awarded a contract with the Laredo ISD to provide its in-building cellular enhancement solutions to utilizing the Nextivity Cel-Fi solution to 42 buildings within the Laredo ISD (the “Laredo Contract”). Our other Cel-Fi installs include the Johnson Space Center in Houston, Texas, the 62 story commercial high-rise building known as the Fountain Place in Dallas, Texas, and the 1,080 restaurant chain Whataburger. In August 2023, we entered into an agreement with Trabus Technologies (“Trabus”) and in October 2023, we entered into an agreement with Lemko Corporation (“Lemko”), which together we believe will enable us to commercialize a multichannel transmission product that integrates in-building cellular, private LTE, and multiple sensor solutions, including gunshot detection and drug sensing technologies. On October 15, 2023, we filed a provisional patent application with the USPTO related to this “smart-sensor technology” capable of detecting gunshot sound, motion, and chemicals which we expect to be integrated with our current in-building cellular and private LTE solutions.

Written from the business description in WYTEC INTERNATIONAL INC's annual report to the U.S. Securities and Exchange Commission, filed 31 March 2025. Every sentence was checked against that document before publication.