Wytec International Inc (OTC: WYTC)

Wytec is a designer and developer of wide area networks that support 5G network deployments for various Internet of Things applications across the United States. The company’s core technology is the LPN 16 small cell device, which is protected by patents including United States Patent Number 9,807,032 and United States Patent Number 10868775 B2. The LPN 16 enables transmission of WiFi and cellular signals from a height of approximately 30 feet and can be installed on utility poles or building rooftops. It incorporates micro radios, software and network connectors that allow cable or wireless connections. Wytec focuses on delivering solutions for in building cellular enhancement, private LTE networks and emerging sensor based services such as gunshot detection.

Wytec generates revenue primarily through the installation and maintenance of in building cellular enhancement systems, most notably under its contract with the Laredo Independent School District which has produced over $1 million in installation fees and continues to yield recurring maintenance income. In the fiscal year ended December 31, 2024, total revenues were $131,077, of which $98,306 came from the Laredo Independent School District contract, representing approximately 77% of gross revenues. The company also earns revenue from private LTE projects, such as the pilot network developed with Southwest Research Institute for the Southwest Independent School District, and from fees associated with its LPN 16 technology when deployed in public private partnerships with municipalities. Additionally, Wytec anticipates future income from the commercialization of its integrated sensor platform that combines gunshot detection, drug sensing and artificial intelligence capabilities.

Wytec occupies a niche in the small cell market by offering a neutral host architecture that allows multiple wireless carriers to operate on the same LPN 16 unit, reducing the need for multiple separate installations. This differentiates the company from traditional small cell providers that typically serve a single carrier. The firm’s patented technology and its focus on integrating security sensors such as gunshot detection give it a competitive edge in the growing public safety and IoT sectors. According to industry research, the global small cell 5G network market was valued at $5.46 billion in 2024 and is expected to reach $7.54 billion in 2025 and $74.62 billion by 2032, reflecting a compound annual growth rate of 38.7%. The public safety segment of this market is projected to expand from $583.47 billion in 2024 to $1,197.49 billion in 2032, growing at a compound annual growth rate of 9.4%. Additionally, the artificial intelligence market is forecast to reach $243.7 billion by the end of 2025, with a compound annual growth rate of 27.67% through 2030, while the broader sensor market is anticipated to increase from $245.97 billion in 2024 to $551.03 billion by 2034, expanding at a compound annual growth rate of 8.40%. Wytec’s strategy of forming public private partnerships with municipalities to deploy its LPN 16 on utility poles provides a scalable path to revenue and positions the company alongside established telecom equipment vendors such as Nokia, Ericsson and Samsung, which it also collaborates with as a preferred supplier for in building solutions.

Wytec serves a diverse set of customers that includes school districts, government agencies and commercial enterprises. Notable clients are the Laredo Independent School District, the Highland Park Independent School District, the Round Rock Independent School District, the Johnson Space Center in Houston, the Fountain Place building in Dallas, the Whataburger restaurant chain and the Southwest Independent School District in Bexar County. The company also has an agreement with the North Texas Council of Governments to provide its gunshot detection solution to members of the TXShare cooperative purchasing program, which encompasses more than 170 cities, 50 counties and over 40 special districts including transit authorities, water utility boards, bridge and highway authorities, police departments, school districts and hospitals. In addition, Wytec benefits from relationships with the Central Texas Purchasing Alliance, which aggregates more than 200 independent school districts representing approximately 4,300 buildings and over 513,270,000 square feet of facility space that may procure its in building cellular services.