Sonarax Technologies is an innovative company that has developed a leading ultrasonic communication protocol, setting the industry standard for data transmission via sound. Their technology enables nearby-connectivity between devices using ultrasonic waves, uniquely supporting ultrasonic indoor navigation while in motion, without requiring an internet connection. Their software protocol has garnered the attention of industry leaders, as evident from the rigorous evaluation by Cadence and Knowles, who have chosen Sonarax technology for their intelligent audio chipsets. With a strong IP portfolio, including three patents in the US and EU, Sonarax's technology stands out in the market. Moreover, the company's protocol possesses superior market performance, security features, indoor navigation capabilities, and minimal impact on device resources, making it a desirable solution in various industries such as IoT, DSP-OEM, and location-based services. The technology's compatibility with all operating systems and minimal hardware requirements further enhance its appeal. Sonarax's last investment of $2.45M in a Seed Round in January 2019 underscores the confidence of investors in the company's potential. Overall, the company's groundbreaking technology and strong industry recognition position it favorably in the rapidly evolving market of connectivity solutions.