Relay Medical Corp. is a MedTech innovation Company headquartered in Toronto, Ontario with a team of experts focused on the development of novel technologies in the diagnostics, AI data science and IoT security sectors. Relay’s product lines includes Fionet, an AI healthcare data-and-device platform that enables controlled testing and tracking for pandemic response and Cybeats, a cybersecurity software for the Internet of Things (IoT) and connected devices.
Their recent milestones include:
Relay is well funded through 2021 with over $9 million CAD in the treasury and will show first commercial revenues in Q2 2021 from initial commercial activities.
Fionet Rapid Response
Canada’s Largest International Airport – Relay Medical has deployed the Fionet Pandemic Management Platform for COVID-19 screening of departing passengers. Toronto Pearson had over 50 million travellers in 2019, and within the first full month of the Fionet solution, the company has tested over 8,000 people across 24 airlines. Results have been provided within an average of 30 minutes, making it Canada’s busiest and most efficient testing airport. Relay Medical has integrated multiple healthcare providers to allow for this first-of-its-kind biosecurity testing capability at an airport, processing 60 people an hour.
LifeLabs – Relay Medical partnered with Canada’s largest provider of specialty laboratory testing services that supports 20 million patient visits annually and conducts over 100 million lab tests. The Fionet platform will be used nationwide in community-based settings such as pop-up labs and installations for businesses. The system is integrated into LifeLabs’ laboratory information system to make COVID-19 screening accessible and allow the safe return to normal daily life.
Cybeats offers Internet of Things (IoT) device manufacturers unparalleled cybersecurity from design phase throughout product life cycle. It is commercially available for original equipment and design manufacturers and allows for uninterrupted critical operations during attacks. The Cybeats product addresses the $73 Billion IoT security market by providing a unique solution for the current 20 billion devices worldwide.
There has been increased global attention to the Software Bill of Materials (SBOM) and the need to track and monitor the supply chain of software, as mandated by the May 12th Whitehouse Executive Order; a solution that is already at the core of the Cybeats’ platform.
In May 2021, the Inventor of the first commercial Firewall and Digital Software Bill of Materials, Chris Blask, and two-time Presidential Appointee and cybersecurity thought leader, Chuck Brooks, joined as strategic advisors.