Gore is ready to announce an equity investment in smart workwear. Gore is working on this project in collaboration with LifeBooster. LifeBooster is more into worker risk analytics technology and it is one one of the leading developer.
The companies partnership will build a multi-year plan to start a new era in smart safety apparel. The main aim is to reduce job-related injuries for industrial workers. Industrial workers especially those in highly skilled, physically demanding jobs are in the industries like Automotive, Commercial aviation, manufacturing, and food processing and production.
Both the companies have their unique qualities and their collaboration brings more power. Gore’s unparalleled material science expertise and world-class GORE-TEX Product Technologies collaborated with LifeBooster’s wearable technology.
LifeBooster has an extensible cloud platform that assesses multiple injury risks to workers in industrial environments. It is done by analyzing posture, motion, and vibration thermal stress Now, this will be co-branded smart workwear that takes the assessment of injury risk and worker protection.
David Dillon is the Leader of Gore’s Smart Apparel opportunity. He says, “By virtue of our expertise in performance apparel and depth of knowledge in human physiology, we are a great partner to collaborate with LifeBooster to advance its innovations in smart technology for apparel,” He adds, “We have immense confidence that LifeBooster’s vision, experienced team, technical capabilities, and cultural values directly align with ours and we are excited about this collaboration.”
The field trials of first-generation garments have successfully completed. The systems going to market in fall 2021.
“Gore’s investment in our work is not just a milestone in our company’s development, but also a validation of the need to continuously advance technology that improves the health and safety of billions of workers worldwide,” says Bryan Statham, co-founder and Chief Executive Officer of LifeBooster. “It is our hope that this collaboration results in products that exceed the nearly 80% risk reduction we are already achieving for our clients.”
According to data from the Economic Policy Institute and analysis by Accenture, workplace injuries and illnesses costs more to the companies and insurers. It is estimated to be $250 billion annually in direct and indirect costs. Technology helps in the preventive action. This helps to reduce incidents of on-the-job injuries has great potential to make a significant economic and worker safety impact by minimizing injury risks.
For more about LifeBooster’s innovations in safe workwear, visit www.lifebooster.ca
