What Convert Technologies does

Convert Technologies Ltd is a privately held UK IoT company headquartered in Derby with a demonstration facility in Newbury, Berkshire. It was created originally to address the asset visibility requirements of the UK Ministry of Defence and now positions as a 'Mission Partner' combining SME agility with prime capability and scale under the UKDI framework, secured through partnerships with Babcock (secure hosting) and BAE Systems.

The company's core offering is the patented TaCT (Tracking and Communication Technology) platform — a dual-frequency LoRa network spanning Sub-GHz and 2.4GHz bands with native geolocation using RTToF ranging, capable of locating assets indoors and outdoors across multiple floors, buildings and sites with under-2m 3D accuracy and up to 2km line-of-sight range. Hardware consists of the i-Tag range (Standard, EPD, Flex variants) with three-tier architecture separating sensor, battery and radio PCBs; PAL technology layers Bluetooth LE for fine-location when needed; and bi-directional tags capture environmental telemetry (temperature, humidity, shock, vibration). Sub-brands include SALUS (licensed to Astute Electronics for Military and Aerospace procurement under Crown Commercial Service SPARK Framework RM6094), Range-IT (healthcare), UNIVERSAL Location Tag (NHS patient journey) and RELai (asset interlinking device, launched May 2026).

The business model combines hardware sales (tags, anchors, gateways; evaluation kits), technology licensing (notably Astute/SALUS), and cloud/server subscription services for join, network and application servers. Go-to-market is direct enterprise sales led by Commercial Director Ian Grostate, supported by demonstration facilities in Newbury and Derby, plus channel partners (Astute, Semtech). Target verticals span Defence (primary), Healthcare/NHS, Rail, Industrial and Aerospace, with quantified customer outcomes of up to 30% savings through asset visibility and cited industry losses (~30% of rail asset value annually) as the pain points being addressed.

Name

Convert Technologies

Legal name

Convert Technologies Ltd

Website

https://convert-av.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Convert Technologies is a UK SME that provides the patented TaCT dual-frequency LoRa IoT platform and i-Tag hardware for real-time, secure asset tracking and environmental monitoring. It primarily serves UK defence organisations (as an MoD Mission Partner), alongside NHS, rail and industrial customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Derby

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations

Revenue model

1. Technology Licensing: Convert licenses its TaCT platform and asset tracking technology to partners. Astute Electronics licenses the technology under the SALUS brand for Military and Aerospace customers. Licensing model allows partners to integrate Convert's location reporting technology into their offerings.
2. Hardware Sales: Sale of tags (i-Tag Standard, i-Tag EPD, Flex i-Tag), anchors, and gateways. Evaluation kits available for testing. Tags operate on two replaceable AA cells with battery life projections of 5-10 years for anchors and tags.
3. Software/Platform Services: Cloud-based application services with server and security features of LoRaWAN network. Includes software for join, network and applications server. Over-the-air updates for software and hardware.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Convert Technologies designs, develops and sells the TaCT IoT asset tracking platform together with its i-Tag hardware family, anchors, gateways and supporting software. The platform uses a patented dual-frequency LoRa network with native geo-location to track assets indoors and outdoors to within 1–2 metres. The company also licenses its technology to partners (e.g., Astute Electronics under the SALUS brand) and offers subscription-based cloud network and application services.

Product overview

Convert Technologies provides sovereign, end-to-end asset intelligence solutions for mission-critical environments. Their product portfolio centers on the TaCT (Tracking and Communication Technology) platform, a next-generation IoT solution combining low-power dual-frequency LoRa networks with native geo-location capability. The TaCT platform integrates with the i-Tag hardware product line (including Standard, EPD, and Flex variants) for wireless asset tracking and bi-directional data transfer. PAL Technology enhances location precision when needed by combining LoRa and Bluetooth LE ranging. The company also offers the SALUS sub-brand (licensed to Astute Electronics for Military & Aerospace) and RELai wireless asset interlink devices. All products support real-time tracking of people, tools, equipment and materials across indoor and outdoor environments with accuracy up to 2 metres.

Differentiator

Problem solved

Functional benefit

Brands

• TaCT: Tracking and Communication Technology - a next-generation IoT platform combining low power LoRa network with native geo-location capability for asset tracking.
• SALUS
• i-Tag
• RELai
• PAL

Products and services

• TaCT (Tracking and Communication Technology) Platform Next-generation IoT platform combining a low-power dual-frequency LoRa network with native geo-location for tracking assets indoors and outdoors across multiple floors, buildings and sites with 1–2 metre accuracy. Includes cloud-based join, network and application servers and over-the-air updates. Sold to enterprise customers in defence, healthcare, rail and industrial sectors.
• Intelligent Tag Range (i-Tag) Wireless asset tracking tags supporting location reporting and secure bi-directional data transfer. Variants include i-Tag Standard, i-Tag EPD and Flex i-Tag for different industrial applications, with environmental monitoring, geofencing, and 5–10 year battery life on AA cells.
• PAL Technology (Precision After Location) Location technology that uses RF ranging to estimate tag position and then switches to BLE to determine fine location, reducing installation and management costs while maintaining precision. Operates BLE and LoRa signalling simultaneously within a single 2.4GHz radio hardware device.
• SALUS Asset Tracking Solution Asset tracking solution offered by Convert Technologies and licensed to Astute Electronics for Military & Aerospace customers. Provides indoor and outdoor location on the same network with accuracy to less than 2 metres, and is approved on the Crown Commercial Service SPARK Dynamic Purchasing System Framework RM6094.
• RELai Intelligent Asset Interlink Device Compact, low-power wireless asset interlink device that links physical assets to digital insight, addressing the challenge of understanding condition, location and lifecycle history of assets across complex supply chains.
• Range-IT Healthcare Asset Tracking Healthcare-focused asset location and tracking solution addressing the global healthcare analytics market, targeting mobile medical assets that move with patients and are often misplaced in hospital settings.
• TaCT Evaluation Kit Evaluation kit including software for join, network and applications server running in the cloud, a TaCT gateway, eight TaCT anchors and a variety of tag combinations, designed for enterprise trial of the TaCT system prior to deployment.
• UNIVERSAL Location Tag NHS-focused patient journey tracking solution that provides location and KPIs across the inpatient pathway from 'kerbside to bedside', enabling monitoring of A&E performance against national standards.

Quantifiable outcome

• Up to 30% savings through improved operational efficiencies, better management and greater visibility of high-value assets
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered flagship, minor and core.

• Astute ElectronicsflagshipOEM/ Whitelabel/ Licensing Partner · 1 October 2021Strategic partnership where Astute Electronics licenses Convert's location reporting technology under the SALUS brand for Military and Aerospace sector. Astute was appointed as supplier to Crown Commercial Service's SPARK Dynamic Purchasing System Framework RM6094 for intelligent asset location and management technology at UK MoD request. The solution supports Military and Aerospace customers to track and maintain equipment and assets both indoors and outdoors on the same network.
• Nottingham Trent UniversityminorStrategic or Co-development Partner · 1 February 2021Convert Technologies contributed to Smart Wireless Innovation Facility (SWIFt) - a smart campus project at Nottingham Trent University. Phase 1 involved installing TaCT platform within NTU's Institute of Health and Allied Professions to monitor real-time movements of high value medical equipment used within mock hospital wards and training rooms.
• SemtechcoreTechnology or IntegrationConvert Technologies has adopted Semtech's LoRa chipset within their asset tracking hardware and software designs to connect 2.4GHz radio networks to wider cloud-based application services. Convert's unique localisation technology enables communication of asset location data to enhance efficiency and productivity within the Enterprise.
• Babcock InternationalcoreStrategic or Co-development PartnerBabcock is a key deployment partner for highly secure hosting environments. Babcock delivers critical services to defence and civil customers including engineering support to naval, land, air and nuclear operations. Through partnerships with organisations such as Babcock, Convert can deploy within highly secure hosting environments enabling trusted handling of sensitive operational data.
• BAE SystemscoreStrategic or Co-development PartnerBAE Systems works with customers and local partners to develop, engineer, manufacture and support products and systems that deliver military capability, protect national security and keep critical information and infrastructure secure.
• Team DefenceminorOthersTeam Defence is a collaborative association that informs defence information policy and pilots new ways of working. Members gain invaluable business intelligence to align and enhance their products, services and working practices.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Actility: LoRaWAN network and platform provider powering large-scale IoT deployments including asset tracking. Comparable as a LoRaWAN-native infrastructure peer; Convert differentiates by owning dual-frequency LoRa silicon-level localisation on top of LoRaWAN.
• Kontakt.io: BLE and Ultra-Wideband RTLS provider focused on healthcare, manufacturing and supply-chain asset tracking with cloud platform and tags. Overlaps with Convert on indoor/outdoor asset intelligence, sensor data capture, and enterprise SaaS delivery model.
• Quuppa: Provides real-time locating systems (RTLS) based on Bluetooth Low Energy direction-finding, offering sub-meter indoor and outdoor asset tracking. Directly comparable to Convert's TaCT in delivering 3D location, though Quuppa anchors on BLE AoA whereas Convert anchors on dual-frequency LoRa.
• Sewio Networks: UWB RTLS vendor with industrial and sports-focused offerings, competing in the same sub-metre indoor positioning space as Convert TaCT and PAL.
• Litum: UWB-based RTLS vendor with strong presence in healthcare, industrial and mining verticals. Comparable to Convert on the end-to-end tag + infrastructure + software proposition and on the use of multiple radio technologies for location.
• Ubisense: UWB and sensor-fusion RTLS vendor with deployments in automotive, industrial and defence manufacturing. Comparable as a specialist real-time location and tracking platform competing for similar industrial/defence budgets as Convert.
• CenTrak: Healthcare-focused RTLS provider (now part of Halma) using BLE, IR and UWB for asset, staff and patient tracking inside hospitals. Closely comparable to Convert's NHS-targeted UNIVERSAL Location Tag and Range-IT use cases.

Broad incumbents

• Impinj: RAIN RFID platform provider for item-level visibility across retail, logistics and industrial supply chains. Comparable as a large-scale passive/active asset tracking incumbent and as a potential substitute for active LoRa-based tracking in lower-cost use cases.
• Trimble: Provides connected workflow and asset tracking solutions across construction, rail, logistics and defence. Particularly comparable in the rail-maintenance depot and defence logistics segments Convert targets.
• Zebra Technologies: Global enterprise asset intelligence company spanning RFID, barcode, location and robotics, with strong healthcare and industrial footprints. Relevant as the broad incumbent Convert competes against for enterprise RTLS and tracking budgets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCuIKxLKFVx-VYPJKg2AtZpg
• LinkedInlinkedin.com/company/convert-technologies
• Xx.com/convert_av
• Facebookfacebook.com/converttechnologies

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Convert Technologies