QualityStocksNewsBreaks – SPYR Technologies’ (SPYR) GeoTraq Secures Patent for Its Mobile IoT Wireless Modules
SPYR (OTCQB: SPYR), a technology company, today announced that its subsidiary, GeoTraq, has been granted a patent covering various aspects of operation of its mobile IoT wireless modules. “GeoTraq is a mobile internet of things (‘IoT’) technology company that designs innovative wireless modules that provide location based services (‘LBS’) and connect external sensors to the IoT,” said Chris Chammas, project engineer. “GeoTraq is planning to manufacture and sell wireless transceiver modules and subscription services that will allow connectivity using publicly available global mobile IoT networks. GeoTraq addresses the large LBS market segment that is currently underserved with existing solutions due…