OK Safety Tech Startup Wins $380K State Grant Award

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OK Safety Tech Startup Wins $380K State Grant Award

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Tulsa-based startup, Safety Radar, an AI-driven platform that helps organizations manage operational risk by quickly identifying and addressing potential hazards to protect employees, assets, and reputations, has been awarded a $380,000 Industry Innovation Grant. Safety Radar provides a comprehensive approach to risk management, offering real-time data collection and analysis to transform workplace safety practices.

The grant was awarded by the Oklahoma Center for the Advancement of Science and Technology (OCAST) after a highly competitive process that drew companies from
across the state to apply. Over 70 companies applied for the Industry Innovation grant, and Safety Radar was rated in the top eight applicants.
“Investing in safety is good for humanity, and great for business. Nearly one quarter of American workers are employed in a hazardous industry, like energy, manufacturing,
and construction. Keeping those people safe is a mission that deserves our best technology and effort,” said Safety Radar’s CEO, Garrison Haning. “This Industry
Innovation Grant is a tremendous accomplishment for the team and will be a great investment for Oklahoma. Supporting cutting edge technology in such an important
market is what sets our state apart from other states; leaning into the frontier, both geographically and technologically, is in Oklahoma’s DNA.”

It is estimated that a workplace injury occurs every six seconds with workplace injuries estimated to cost more than $160 billion annually. Safety Radar’s Live Risk Platform
utilizes advanced AI technology to analyze a company’s data allowing less time spent reading reports and more time addressing risks and keeping employees safe.
Safety Radar is a successful spin out from Tulsa-based nonprofit startup incubator Rose Rock Bridge, and subsequently completing a venture backed fundraising round led by
Energy Innovation Capital, with Helmerich & Payne Corporate Ventures, Cortado Ventures, and Denver Angels DA Ventures. Based in Tulsa and Denver, Safety Radar
has continued to scale up and make an impact in the regional community, growing its local high tech workforce and serving multiple Fortune 500 companies and privately
held organizations.

About OCAST:
Innovation matters in Oklahoma. Oklahomans have a rich history of innovating in times of disruption. And today is one of those moments. The Oklahoma Center for the
Advancement of Science and Technology (OCAST) is the state’s agency for technology-based economic development. By focusing on Oklahoma’s high-growth
sectors in aerospace and autonomous systems, bioscience and biotechnology, and energy diversification, OCAST is well-positioned to drive exciting new opportunities for
the state. Learn More Here

About Safety Radar:
Safety Radar is the first AI platform to collect, analyze, and communicate hazards and make workplaces safer through risk tracking and training. Safety Radar’s AI approach to
risk management and mitigation enables organizations to quickly identify and address potential risks, protecting their employees, assets, and reputation. For more information,
visit http://www.safetyradar.com

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