Emerging Technology

LiteLink Technologies has entered a definitive agreement to acquire IoT sensor technologies for the waste and container management industry.

LiteLink Technologies (CSE:LLT,OTC:LLNKF) has entered into a definitive agreement to acquire Internet of Things (IoT) sensor technologies for the waste and container management industry.

As quoted in the press release:

As the global population approaches 8 billion, continued population density and growth inevitably increases the volume of garbage and recycling, putting additional pressure on the waste management industry. Industrial smart bin monitoring is a revolutionary way to drive greater optimization and efficiency for operators. With IoT sensors, all parties know the fill-level of containers, and can predict pick-up and processing costs which, in turn, improves pick-up scheduling, profitability, and optimization.

Click here to read the full press release.

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