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Eight years ago, Tyler Thompson and his father launched a marine technology company to serve a very specific market: lake homeowners who needed a better way to manage and monitor their docks and boats remotely. Their early technology enabled customers to keep a visual eye on their waterfront assets from anywhere – and in the process, they uncovered a far bigger challenge.
“We began to see a troubling phenomenon across the country,” Tyler explains. “Electrical current in the water – from faulty wiring, damaged equipment or even boats leaking power – was creating dangerous conditions that could harm people and damage property.”
Their first breakthrough was a voltage-measuring device designed for residential docks. But it quickly attracted the attention of commercial marina operators, who saw the potential to protect entire facilities – and the valuable vessels within them – from hazards like stray electrical current and electrolysis damage.
SafeWater360 is built on years of research and real-world experience, creating a refined, intelligent system. The technology measures both water conductivity and voltage gradients, providing marina operators, boat owners, and facility managers with proof of electrical hazards – and the tools to address them before costly or dangerous incidents occur.
“Our mission is clear,” says Tyler, who is SafeWater360’s Co-Founder and CEO. “We’re here to save lives, protect assets and generate revenue for operators who keep their facilities safe. It’s about delivering both the bad news – there’s a problem – and the good news: we have a solution.”
Today, SafeWater360’s devices are used to safeguard multi-million-dollar yachts, commercial marinas and waterfront facilities. The company’s reach is growing globally thanks to its partnership with City Electric Supply, which provides both distribution and worldwide sales support.
For banking needs, Tyler turned to Hyperion Bank. “We were fed up with larger banks,” he says. “When we launched the company, Charlie McGimsey connected with Charlie Crawford, Amy Ellis and Joel Higdon at Hyperion, and it’s been a great experience ever since. They understand our business, they know our market and they’re good friends as well.”
McGimsey is another Co-Founder (and Managing Member) of SafeWater360, along with Michael Braiman, Co-Founder (and CTO).
A global safety innovator, SafeWater360 is making waterways safer – one dock, marina and yacht at a time. Learn more on their website and on LinkedIn.💦
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