Wytec International, Inc. - Company Summary

Business Focus

• Designs and develops wide area networks (WAN) to support 5G network deployments across the United States.
• Specializes in small cell technology for dense cellular coverage, primarily aimed at citywide 5G infrastructure.
• Owns patented small cell technology called the LPN-16, capable of transmitting Wi-Fi and cellular signals from approximately 30 feet height.
• Focuses on neutral host small cell architecture that supports multiple spectrum bands and multiple carriers simultaneously on the same utility pole.

Product and Technology Offerings

• Small Cells (LPN-16): Upgradable, high-speed, multichannel transmission system installed primarily on utility poles.
• In-building cellular solutions: Using the Cel-Fi product from Nextivity, providing cellular enhancement inside buildings.
• Private LTE Networks: Partnered with Nokia CBRS small cell technology, developing private LTE and 5G solutions for campuses, municipalities, and private enterprises.
• Smart Sensors: Developing gunshot detection, drug sensing, motion detection, and chemical sensors integrated with AI, machine learning, and encryption technologies.
• Integrated Infrastructure: Combining small cell hardware, AI/ML software, and security sensors for public safety and citywide applications.

Revenue and Customers

• Main Customer: Laredo Independent School District (Laredo ISD) in Texas
  • Generated over $1 million from the Laredo Contract (installation and maintenance of cellular enhancement solutions in 42 buildings).
  • Percent of revenue in 2024: approximately 77% (about $98,306 of $131,077 total revenue).
• Other clients include: Highland Park ISD and Round Rock ISD in Texas, Johnson Space Center in Houston, and Whataburger restaurant chain.
• Revenue (2024): Approximately $131,077, a decrease from $255,634 in 2023.
• Employees: 4 full-time employees as of December 31, 2024.
• Revenue concentration: 77% during 2024 from the Laredo ISD, and 88% during 2023 from the same client.

Financials

• Net Loss (2024): Approximately $3.67 million.
• Gross Profit (2024): Around $75,506.
• Operating Expenses (2024): About $2.76 million.
• Total Assets (2024): Approximately $323,570.
• Working Capital Deficit: $2,358,251 as of December 31, 2024.
• Net Operating Losses: Has incurred losses every year since inception (operation started in 2011), with an accumulated deficit of $34.78 million as of December 31, 2024.
• Recent Revenue Strategies: Focus on cellular enhancement for schools, private LTE networks, and advanced public safety sensors.

Technology and Intellectual Property

• Holds patents for the LPN-16 small cell technology (USPTO patents 9,807,032 and 10,868,775).
• Developing smart sensor patents for threat detection, gunshot, and chemical sensing technologies (pursuing additional patent filings).
• Proprietary multi-spectrum, multichannel, and multi-operator small cell architecture supporting public and private networks.

Market and Industry

• The small cell 5G market was valued at $5.46 billion in 2024, expected to grow to $74.62 billion by 2032.
• The public safety market for sensor technologies is projected to grow from $583.47 billion in 2024 to $1.197 trillion in 2032.
• Emphasizes citywide deployments, especially on utility poles, leveraging FCC regulations supporting shared use and neutral host architectures.
• Aims to partner with municipal governments, school districts, and private enterprises to deploy combined cellular and sensor infrastructure.

Strategic Focus

• Expand small cell network deployments on utility poles for 5G densification.
• Develop integrated smart sensors for public safety (gunshot detection, drug sensing).
• Pursue public-private partnerships with municipalities for shared infrastructure.
• Increase patent portfolio through filing and development of new hardware/software designs.

This summary only includes factual details explicitly provided in the material, without hypothetical or interpretive content.