MGM Wireless, the makers of the SPACETALK all-in-one children’s smartphone, watch and GPS device, have grown total revenue by 161% to $7.1 million for the 2019 full year, with SPACETALK unit sales up 1,023% to 18,270 units for the 12 months.
Australian-listed MGM Wireless has announced that European media, entertainment and telecommunications giant Sky is selling its all-in-one SPACETALK children’s smartphone, watch and GPS device in the UK.
MGM Wireless, creator of the Spacetalk smartwatch, says it will drawdown a further $250,000 of its existing $2 million convertible note to support expanded distribution in the New Zealand and UK markets.
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