Guardio - Safe Performance Through Science’s Post

Transcript

Good morning, everyone, and welcome to this press event. It's fantastic to see so many of you here, including some of our closest retailers, and partners who have been invited to share this moment with us. I'm Niclas Brandshage, Head of Marketing and Sales at B��stadgruppen, and I'm excited to be joined by Nawar Toma, Product Manager, of Guardio. Max Strandwitz, CEO of Mips and Ani Surabhi, Founder and CEO of Quin. As many of you know, B��stadgruppen is focused on creating high quality safety equipment across industries. In May 2023, we acquired Guardio Safety and the brand Guardio. Which caught our attention for its innovative approach to safety development and product development. Guardio's commitment to advancing safety solution made it a perfect and natural fit for our company and we're proud to have them on board. B��stadgruppen is also home of such brands as Monitor, Top Swede and ATG. And now let me hand over to Nawar Toma, who's not only the Founder of Guardio, but now leads product development as Guardio's Product Manager at B��stadgruppen. Please. Thank you, Niclas. At Guardio, we have been driven by a single mission to develop safety products that combine proven, reliable technology, with intelligent, integrated solutions. Our aim has always been to create products that make a measurable difference and advance the safety standards in our field, keeping safety, user friendliness and comfort at the heart of our design. Since 2019, we've led the industry by being the first company in the world to launch an industrial safety helmet with the Mips brain protection system. We were also the first to incorporate technology inside the helmet, allowing users to store their vital in case of emergency information directly onto the helmet. Over the years, our collaboration with Mips has set a new market standard, raising awareness among safety officers, construction workers and other in the field about the importance of robust brain protection. Today, I'm extremely proud to say that thanks to our partnership with Mips and now also with Quin. We are taking another leap forward in launching the first smart safety helmet in the market. This new helmet, the Armet Pro will combine our well known modern design and comfort together with the innovative hardware technology from Mips, which could reduce the risk for brain injuries and of course together with smart sensor technology from Quin. With that, I would like to hand over to Max, the CEO of Mips. They will tell a bit more about our collaboration. Thank you, Nawar My name is Max Strandwitz and I am the CEO of Mips. And also I would like to welcome you to the Mips Test Lab where we are today and of course where we create a lot of exciting products. So, why are we here today? So a little bit of an explanation and why I am proud to be in this setup. So first of all, it's another partnership with our great partner Guardio, who is always very innovative and always really curious into how to improve products within the PPE area. We have Quin, which is a sensor technology company that we invested in, in about a year ago. We looked at a lot of different sensor technology companies in the industry, but we have never found anyone with the right capabilities and exactly what Quin offer, a really sophisticated sensor technology which brings us a lot of data and can help us to explore even better product. And for Mips, of course this is the right kind of setting for us working with curious companies that push the industry forward. Because that I think is one very unique mission for all of us is that we share the vision and mission to really push the industry forward and and make sure that we improve the performance of the PPE industry. How does then this fit into our scientific platform? Because Mips is science-based, for us, data and science is what really is the foundation behind the whole Mips and so on. And for us it's really first important to really establish the relevant injury criteria. So what are really relevant injury criteria and how do you hurt yourself in industrial workplace? The second one is of course is to establish the accident and injuries statistics. Does the injury happen in the way that you are expected it to happen? Of course you need to validate that by a lot of statistics. Then of course, having Quin giving us a lot of data what actually happens in the workplace gives us even more confidence to develop better product. And then of course also having the right kind of accident scenario analysis being able to model and simulate these accident in the most advanced computer simulation models. And of course, being able to develop the right kind of test method to really validate that we are doing the right thing. So this is for us another step into developing even better products. For us, the world of data is really important. The world of science is really important. That's what Mips is based on. So first of all, where we are today, in our state-of-the-art test lab, we do more testing than anyone else in the industry. We do about 15,000 tests and of course that adds to our scientific landscape. Then, having the opportunity to also add real life accident data gives us another dimension in terms of what we're doing. And then of course combining that to our world leading computer simulation capabilities gives us. An ecosystem of data that I believe that no one else in the world is close to because a lot of the companies that we speak to in the industry, they can tell you what happened and the consequence on of having an injury in the workplace, but they can never say what actually happens. And of course, Quin Technology helps us in creating that story. So in terms of next steps, I hand over to Nawar. Thank you. Thank you. We're really thrilled about our work with Mips and have set the new new benchmark in the market, inspiring major helmet manufacturers to follow our lead and making the Mips technology a trusted standard. Our current helmet, the Armet, has been incredibly well received by the end users. However, we wanted to push the boundaries even further. Over the past year, we have evaluated a large number of different technologies to see how we can achieve this next level of innovation. This search for new technologies started off about a year ago when a serious accident happened here in Sweden actually, where a worker involved in an incident had to wait far too long to until he got some assistance. This experience on underscored the importance of connected solutions and has been further driven by a clear demand from many of our large customers who wants to find ways to monitor their workers' safety and at the same time ensure that they get prompt help in case of an accident. We also recognize the need to add several persistent safety issues. One of them is that workers may keep using helmets way beyond the optimal lifespan, which could mean using compromised protection. Additionally, many traumatic brain injuries so TBIs go unreported as users or people many times underestimate the severity of the symptoms or don't link them to the injury itself. Following our evaluation, it was very clear to us that no other technology on the market could offer us the significant advantage and and value that the Quin technology provides. With that, I would like to hand over to Ani, the founder and CEO of Quin to tell us more about the technology and how it makes the new Armet helmet smarter. Thank you. Thank you. Hi there. My name is Ani Surabhi. I'm the founder and CEO of Quin. At Quin, we create extremely intelligent smart sensors by using a combination of different gyroscopes and accelerometers where we measure something which has happened or measure an accident while it happens in real time. At Quin, we measure 1000 times a second so that we can actually accurately depict an accident and differentiate it between just simply dropping a helmet versus actually having an accident. By sampling motion up to 6600 times a second, we're able to capture that. Incident because as we all know usual head injury happens within six to 10 milliseconds so if you don't capture that that that refresh rate, you end up losing or completely missing out on that event itself. One of the biggest problems in our industry and safety industry is the lone worker scenario. What happens to a lone worker when he has an accident and he can't call out for help? What happens when you find that incapacitated worker and you don't know how long he's been incapacitated for. What Quin does is by capturing everything in real time, Quin is able to accurately detect an accident, distinguish it from just dropping your helmet, and also be able to calculate your linear forces, your rotational motion, and several other factors such as location of impact, the direction of impact, and the severity of that impact itself. By doing this, Quin is able to put a lot of data into the hands of the relevant people and be able to give you that meaningful attention when you can't call for help. Quin takes this one step further. Quin takes all of this data and once it's analyzed the different difference between you dropping a helmet and actually having an accident, if needed, it sends out the automatic alert to your emergency contacts or your site manager. Taking that one step further, we also integrate directly with the back end of the closest ambulance to you so that you receive that meaningful medical attention quickly, rapidly, and in a in a very relevant way as well. By sharing what has happened to you during that event, even the medical services are able to respond to you. In a much better way, as they have a lot more information as opposed to just looking at a person who's just been incapacitated. At Quin, data is the core of every single thing we do, and by shortening that time from when you have an accident to getting that meaningful medical attention, Quin is able to save a lot more lives in that process as well. One of the other main problems in the industry is especially working in communication dead zones. So for example, if you go into an area where you don't have signal or you can't call for help, you won't have anybody looking out for you in those scenarios. With Quin within the Armet Pro helmet, you're able to set safe zones where basically once you get into a dead zone and you don't report back to the safe zone within the stipulated amount of time, the Quin system automatically calls for help. One of the things the tracking system also does, it drops breadcrumbs as you keep working so that your last known location is always the relevant known location, so people looking out for you have the most amount of data so they can come and help you as soon as possible if needed. With these 3 core features, the Quin system is one of the most unique systems and we're very proud to integrate with the Armet Pro Helmet. Thank you. Thank you, Ani. Well, as you understand, we are extremely excited for this launch and we're already in active discussions with some of the biggest construction and industrial companies in Sweden, and they are helping us to shape the product and ensure that it's as safe, comfortable and ergonomic as possible. We've also brought in experts from the automotive and aviation industry to optimize the helmet's design and obtain the best possible ventilation, of course. As many of you might know, a new version of the EN397 safety standard is set for publication next year. Much of the development is complete already, but as we wait for the final standard, we expect the helmet to be available for purchase in the summer of 2025. So with those words, thank you all for joining us today. And we are now now happy to answer any questions that you may have.