About Teleo
Teleo transforms heavy equipment in the mining and construction sectors into remotely controlled robots. By retrofitting existing machinery with advanced technology, operators can control equipment from a safe location, such as an office, which significantly improves safety by keeping them away from hazardous environments. Teleo primarily serves clients in industries that rely on heavy machinery and face safety challenges. Unlike competitors that sell new machinery, Teleo focuses on retrofitting existing equipment, allowing clients to upgrade without the high costs of new purchases. The company generates revenue through the sale and installation of its retrofit technology, along with ongoing maintenance and support. Teleo's goal is to enhance both safety and operational efficiency, enabling operators to control multiple machines from one location, thus reducing downtime and increasing productivity.