Aurum Tech is a technology company that specializes in developing cutting-edge solutions for mission-critical applications, particularly in high-risk industries. Established with the vision to improve safety and performance using advanced technologies, Aurum Tech is focused on integrating augmented reality, artificial intelligence, and other innovative tools to enhance human performance and reduce error rates. Primarily based in Blackfoot, Idaho, Aurum Tech's platform provides a unique blend of real-time location awareness, radiation safety measures, and augmented reality to improve workplace safety.
Attribute | Information |
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Founding Date | 2022 |
Headquarters | Blackfoot, Idaho, USA |
Founders | Not specifically mentioned |
Revenue | ₹285 crore (FY2024-25) |
Profits | Reported net loss of ₹33.37 crore (FY2024-25) |
Key Investors | Aurum Ventures, multiple undisclosed investor groups |
Industry | PropTech, Information Technology |
Number of Employees | Approximately 2-10 for Aurum Tech; over 650 for Aurum Proptech |
Aurum Tech was conceptualized to enhance radiation safety environments through integrated technology platforms. Leveraging advancements in AR and AI, the company developed MIDAS and other systems to consolidate radiation detection, safety communications, and real-time location services, marking a significant departure from siloed legacy systems.
Aurum Tech offers a specialized suite of technologies designed to improve occupational safety in radiological and other hazardous environments. Their business model is rooted in providing integrated solutions that merge several high-tech components into a singular platform.
Aurum Tech positions itself as a leader in high-risk industry technologies, primarily focused on safety within nuclear and industrial sectors. The company's products are designed to minimize human error, thus ensuring compliance and enhancing operational safety. Their competitive advantage lies in combining robust AI with AR functionalities to deliver integrated safety solutions.
Aurum PropTech, a related entity, focuses on leveraging technology to revolutionize the real estate space by integrating PropTech solutions. It covers various facets of real estate from asset management to customer relationship management, promoting efficiency and consumer-centric solutions.
According to market analyses and company forecasts, Aurum PropTech is poised for growth with a positive outlook on share performance. Progressive financial deltas and strategic acquisitions like NestAway bolster their stock forecast.
Aurum PropTech is part of a rapidly growing industry in India, competing with other major PropTech ventures that are transforming real estate through digital and technological innovations. As the market expands, the company continues enhancing its platforms for broader adoption and efficiency.
Aurum Tech is a promising technology firm in the high-risk industrial domain, with substantial growth opportunities and a diversified portfolio that addresses significant market needs in safety management. Meanwhile, Aurum PropTech continues to advance within the PropTech sector, with strong financial performance and strategic acquisitions indicating a potential for sustained growth. The company's innovative applications of AI and AR position them well for future expansion and industry influence.