Otto Hoernig launches new sensor networking firm
Hoernig previously sold SpaceLink International for $150 million; Trace Systems, based in Virginai, will pursue business with DHS and DoD; market for wireless sensors to reach $1 billion by 2009
When Otto Hoernig leads, others follow. After selling SpaceLink International to Engineered Support Systems in 2005 for a whopping $150 million, Hoernig is ready to strike out on his own again — this time with a new company in the integrated wireless sensor networking business. Trace Systems, as the new McLean, Virginia-based endeavor is called, was incorporated earlier this year and will actively pursue clients in the homeland security and defense sectors. In particular, Trace is developing systems that can operate on their own or in closed-loop environments, as well as in the Net-Centric Global Information Grid service-oriented architecture/Web services environment.
No business slouch, Hoernig’s new business takes advantage of a surging market for wireless sensors. According to Harbor Research, there could be as many as 100 million wireless sensors in use in 2008, up from about 200,000 in 2005, with the worldwide market expanding from $100 million to more than $1 billion by 2009. “We have a deep understanding of government communications requirements, we know the wireless technologies well, we’re vendor neutral and we’re stepping in to fill the significant need for qualified system integrators that can provide comprehensive full life cycle support,” Hoernig said.
-read more in David Hubler’s FCW report
