BEWHERE HOLDINGS Business Summary

BeWhere Holdings Inc. (BEWFF) is a Mobile Internet of Things (M-IoT) company specializing in the design and sale of low-power 5G asset tracking and environmental monitoring solutions. The company generates revenue through a dual-stream model: the sale of proprietary hardware, such as LTE-M/NB-IoT trackers and Bluetooth beacons, and high-margin recurring software-as-a-service (SaaS) subscriptions for its cloud-based monitoring platform. Its primary business segments serve diverse industries including logistics, construction, utilities, and government services, with a strategic focus on tracking non-powered assets. BeWhere competes directly with major telematics and IoT providers such as Samsara Inc., CalAmp Corp., Geotab Inc., and Digi International Inc., positioning itself as a cost-effective, high-density alternative that leverages ultra-low-power 5G architecture to enable mass-scale asset connectivity. The leadership team is anchored by co-founders Owen Moore (CEO) and Chris Panczuk (COO), both of whom possess extensive pedigrees in the telematics sector; Moore previously co-founded Grey Island Systems International, while Panczuk served as a senior executive at BSM Wireless. The executive suite is further supported by CFO Rajiv Khanna, a veteran finance professional with over three decades of experience, and CTO Alban Hoxha, who leads the development of the company’s fifth-generation IoT hardware. The company’s governance was recently strengthened by the July 2026 appointment of telematics pioneer Frank Pellitta to the Board of Directors, joining other notable members such as telecommunications expert Peter Wilcox and Chairman Paul Christie. This seasoned team oversees a growth strategy currently focused on the "Vision 20/20 Plus" initiative, targeting significant expansion in annual recurring revenue through organic innovation and strategic acquisitions like the June 2026 purchase of SecureQuip Systems Ltd.