83
52
Growth Score
-9 pts
Heat Score
-16 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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325176
Magtec develops innovative technology solutions that allow fleet owners to secure, control and manage their automobile assets.
- Gary Schmidt: Head of Sales and Business DevelopmentPast Role: Ossia, VP of Sales
- Robert Morisset: President and CEO
About the Company
MAGTEC started by stopping the theft of jeeps during Operation Desert Storm in Iraq. Today, they specialize in developing and manufacturing commercial vehicle control systems specifically designed for the light duty, transit, trucking and heavy equipment industries.
MAGTEC’s preventive-based technology and web-based application MCC (Mobile Command
and Control) addresses challenges associated with security, driver management, safety, asset protection and prevention of cargo theft. MAGTEC’s headquarters are in Calgary, Alberta and they operate two wholly owned subsidiaries, MAGTEC Products (USA), Inc. and MAGTEC Asia, Inc.
