Newtrax

Montreal, Canada Founded: 2009 • Age: 17 yrs Acquired By Sandvik
Safety, productivity, and analytics solutions for mining are provided.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 66 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Newtrax

Newtrax is a company based in Montreal (Canada) founded in 2009 was acquired by Sandvik in April 2019. The company has 66 employees as of December 31, 2021. Newtrax operates in a competitive market with competitors including IDENTEC SOLUTIONS, Ackcio, Zyfra, Muon Vision and AmpControl, among others.

  • Headquarter Montreal, Canada
  • Employees 66 as on 31 Dec, 2021
  • Sectors
    Natural Resources
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Newtrax, Inc.
Operational Areas
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    66

    as on Dec 31, 2021

  • Acquired by
    Sandvik

    (Apr 17, 2019)

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People of Newtrax

Headcount 50-200
Employee Profiles 13
Employee Profiles
People
Fabrício Costa Corrêa
Technical Product Owner - Systems Engineering
People
Christian Auger
Technical Product Owner/systems Engineering
People
Mohamed Amine Abid
Embedded Software Developer
People
Marcel Mello
Embedded Software Team Lead

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Funding Insights of Newtrax

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Detailed funding history for Newtrax

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Investors in Newtrax

Newtrax has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sandvik.

All
Institutional
Investor Description Founded Year Domain Location
Mining and construction equipment tools are manufactured and supplied.
Locked Locked Locked
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Investor details for Newtrax

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Investments & Acquisitions by Newtrax

Investments
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Investment portfolio details for Newtrax

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Financial Statements - Newtrax

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Detailed financials for Newtrax

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Newtrax Comparisons

Newtrax Primary company
Description
Safety, productivity, and analytics solutions for mining are...
Location
Montreal, Canada
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
66
As of 2021
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Peer comparison for Newtrax

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Competitors of Newtrax

Newtrax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IDENTEC SOLUTIONS, Ackcio, Zyfra, Muon Vision and AmpControl, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Hardware and software solutions for field operations are provided.
Locked Locked Locked
IoT-based geotechnical monitoring solutions are provided for various industries.
Locked Locked Locked
Provider of robots, AI, and IIoT based solutions for mining industries
Locked Locked Locked
Online fluids monitoring platform is provided for the mining industry.
Locked Locked Locked
Mining operations solutions in communications and monitoring are provided.
Locked Locked Locked
AI-based autonomous driving systems for mining are developed.
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Detailed competitors of Newtrax

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Latest news on Newtrax

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Complete news archive for Newtrax

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Frequently Asked Questions about Newtrax

Newtrax was founded in 2009.

Newtrax is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

As of Dec 31, 2021, the latest employee count at Newtrax is 66.

Newtrax was founded in 2009 in Montreal, Canada, as a supplier of electronic safety, productivity, and analytics solutions to the hard rock mining sector. The flagship MineHop network is utilized for real-time identification of bottlenecks affecting face utilization and productivity. As of 2016, 12,000 devices have been installed across more than 50 global mine sites, accumulating 60 million hours of operation.

Newtrax's top competitors include AmpControl, IDENTEC SOLUTIONS and Muon Vision.

Newtrax has 1 investor. Key investors include Sandvik.

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