Palltronics – IoT
What it is:
Palltronics offers a trackable shipping pallet designed for shipment tracing. Each pallet has built-in RFID, temperature monitoring, and accelerometer sensors, which provide customers with a location of their goods in real-time. The pallets can sustain multiple trips, year after year, and are trackable from anywhere in the world. They measure 40” x 48” (standard pallet size), weigh less than 48 pounds, and are rackable and load-tested at 5,600 pounds (double the GMA* standard). Palltronics pallets are constructed with an Exobond coating infused with antimicrobial Microban® technology.
These features are ideal for multiple industries, including dry grocery, fresh foods, pharmaceutical, pet food, health and beauty aids, beverages/water, auto industry products, sensitive and expensive electronics, and more. For instance, temperature monitoring technology ensures that perishable products like fresh foods & prescription drugs arrive at distribution centers at peak quality, and the onboard accelerometer sensors can indicate if any unusual disruption or shaking caused damage to sensitive electronic devices.
Who Made It?
Palltronics was founded in 2021 and Bobby Moore serves as CEO and Chairman. The company is based in Rochester, Michigan. As of December 2021, according to reporting by Reusable Packaging News, the company has leased a new 253K square foot industrial building and plans to invest $25-30M in equipment and upfitting for a “world-class advanced manufacturing facility capable of producing more than four million pallets annually.”
- The company raised $100K of convertible debt financing from undisclosed investors on February 9, 2022
- It also raised $15.62M of venture funding from undisclosed investors on October 14, 2021
Why we like it:
- Promising technology providing real-time tracking as well as temperature monitoring
- Accelerometer sensors can detect undesired disruptions or shaking that could damage sensitive products
- Making big investments in production
- Meets industry standards for pallets (size) and doubles current weight capacity
Did you know?
*GMA stands for Grocery Manufacturers Association, whose mission is to mobilize packaged consumer goods around the U.S. and ensure that healthy affordable food options are available to all. To help make distribution operate as smoothly as possible, the GMA recommended a standard pallet footprint of 40” x 48”. Pallets of this size are now referred to as GMA pallets and are widely used in North America and beyond.