Company: TRX Systems
Larta Program: NSF-CAP1
City: Greenbelt, Maryland
Problem: Compounded job dangers and hampered command effectiveness stemming from the lack of precise positioning systems for soldiers, police, firefighters, miners and security personnel as they navigate enclosed areas.
Solution: Carol's technology enables precise real-time positioning for personnel in the field where GPS is unreliable or unavailable to enhance the safety of field officers.
Success: Carol received nearly $2 million in new funding from Motorola Solutions, New Dominion Angels, the Maryland Department of Economic Development, and other inside investors since participating in Larta’s program. Carol explains “Larta provides access to well qualified, independent reviewers that can weigh in on the business and work as an independent business development arm looking for connections and making introductions to possible industry partners.”