Hitech & Development Sweden Holding AB (“H&D Wireless”) has been approved for listing on Nasdaq Stockholm First North, the company said.
Earlier in December H&D Wireless made a successful emission Rights issue subscribed to 170%. H&D Wireless raised 26MSEK of capital before issue costs. The company´s operations based on the proprietary cloud RTLS the Griffin Enterprise Positioning System (GEPS) platform.
H&D Wireless is a Swedish provider of services in the Internet of things, cloud and platform systems. The company´s IoT Cloud Griffin is an end-to-end system solution and consists of wireless modules, cloud services and smart phone applications for smart homes and world-class businesses. Since 2016, the company offers Griffin ENINTERPRIse Positioning System (GEPS â¢) As a cloud service for indoor of physical things in corporate business processes. H&D Wireless was founded in 2009 and is one of Sweden´s fastest growing and most award-winning IoT companies, with over 1 100 000 wireless products delivered so far for IoT, M2M Solutions all over the world.