February 18, 2022 Indianapolis, Indiana – SAAM Inc., announces it has successfully completed a Series A round of funding, receiving an equity investment from a global tier-one organization (“The Company”), SAAM’s Board of Directors approved the investment structure on February 15, 2022. Rob Qualls, CEO and Co-Founder of SAAM stated, “This company brings to SAAM a rich heritage in the fire protecton market, an impressive team of engineers, and a strong management group.” Qualls said, “The company is a world leader in product development, manufacturing, and distribution.”
Within the last 12-months, the company and SAAM have worked together to test the SAAM S-Series technology which has demonstrated an ability to perform as specified in a lab test environment, the company has a state-of-the-art smoke and fire test facility at its corporate offices.
About SAAM: SAAM is a spectral technology company currently in development of smoke, fire, gas, and air quality detection devices, including the SAAM S-Series. SAAM currently has three patents issued and one pending for the S-Series technology. The S-Series of devices are pre-emptive and alert in seconds prior to a potential catastrophic event. SAAM is in development of a ceiling mounted device, and the first of its kind portable device.
Visit the SAAM website at www.saam.us.com
Contact:
Sarah Seward
Marketing
(317) 529-6779
media@saam.us.com