Real-time, dynamic location, anywhere under the sky. No phone, network or map required.
Current devices fall short in crucial situations: when with a child or pet, in large crowds, the great outdoors and caring for those with special needs. Not subject to limitations such as signal, maps, active participation, battery life and low range, Lynq redefines location, creates a new benchmark for reliability and is the only solution available for groups.
In addition to direct sales, Lynq will be available for daily rental at events and venues (i.e. cruises, amusement parks, ski resorts, festivals) under a revenue share model. At a BOM that drops under $20, a lifetime value per rental unit of $600 and a purchase price of $59, we are able to achieve margins greater than 60%.
Lynq has an 8 FTE team, a prototype, B2B order commitments, is patent pending and expected to launch in July 2016.