Voxstone: Set Up The Global VoxTrac Sales Network in 2010
Voxstone CEO Tommi Peltomäki was invited to pitch in Lahti last week. Voxstone, a spin-off from VTT has developed and patented VoxTracs , which are acoustic measuring devices that accurately monitor gas flows in industrial applications. VoxTrac (in the picture) can also make measurements in difficult conditions, which existing electronic technologies cannot do realiably. In addition to making it possible to optimize the biogas production process, proper monitoring can also lead to energy savings. When used to measure and optimize compressed air production in industrial facilities, the energy costs savings can be €10 - 20k annually. Tommi and his team have been developing the product since 2008. Their next step is to set up a sales network in the EU, Asia and the USA to accelerate revenue growth with a target of increasing net profits by 30% - 40% by 2011.
