Hitiq Limited (ASX: $HIQ) has achieved a significant milestone by meeting the World Rugby required performance specification for instrumented mouthguards (IMGs), enabling its use across rugby union globally. The approval positions Hitiq to target a substantial market opportunity across 132 national member federations.
Meeting World Rugby's performance specifications is a significant milestone for Hitiq. This validation demonstrates the quality and efficacy of our technology and positions us as a key player in the safety solutions market for rugby union worldwide. We are particularly proud of our technology's ability to meet the real-time performance requirements, as this capability is crucial for immediate player welfare decision-making during matches. Our team has worked tirelessly to develop a product that not only meets but exceeds the rigorous standards set by World Rugby. We believe our technology has the potential to revolutionize how head impacts are monitored and managed in rugby, ultimately leading to safer play and better long-term health outcomes for players.
Hitiq Limited (ASX: $HIQ) has successfully met the World Rugby required performance specification for instrumented mouthguards (IMGs), enabling its use across rugby union globally. This approval opens significant commercial opportunities in the global rugby market, with over 8 million registered players worldwide and 132 national member federations. Hitiq is well-positioned to leverage this approval by pursuing, accelerating, and activating commercial opportunities within the global rugby market. The company is already in discussions with several rugby organizations and anticipates announcing partnerships in the coming months. Hitiq's technology has the potential to revolutionize how head impacts are monitored and managed in rugby, ultimately leading to safer play and better long-term health outcomes for players.