HomeFinTechSpectur: Upgrades tech through pandemic bounce-back

Spectur: Upgrades tech through pandemic bounce-back

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  • Security company Spectur (SP3) has continued its bounce-back after the pandemic downturn, with consistent growth in rentals and sales since July
  • The company has taken a strategic turn in recent months to move away from one-off sales and instead increase its higher-margin rental contracts
  • Spectur’s November deployed a fleet of 325 systems is almost back on par with the 329 systems on deployment in March when the pandemic hit
  • The company is also continuing work on its suite of security solutions to offer better, more robust, and more versatile systems to the market
  • Spectur is continuing to evolve its security tech, with upgrades to AI, streaming, audio, and app functionality in the pipeline
  • Spectur closed Tuesday’s session 7 percent lower at 9.3 cents
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