Security Matters records three seasoned appointments to its leadership team
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Special Report: Security Matters bolsters its leadership by appointing a new Chief Technology Officer and two highly experienced PhD graduate chemical engineers.
The Israeli B2B technology company – which provides anti-counterfeit and supply chain integrity technology, and which listed on the ASX in October 2018 – expects the trio to significantly advance a number of live R&D projects.
Mr Gal Shmueli commences in the role of Chief Technology Officer, Dr Tehila Nahum has been appointed Head of Polymeric Solutions, and Dr Hagit Sade has been appointed as Head of Physical Chemistry Applications.
Pushing the tech forward towards supporting scaling up. Time and scale. Scaling the tech to more companies in the same verticals.
“Each of the three new appointments significantly increases our capacity scaling our technology to more companies around the globe. The knowledge and experience they bring to the team will without a doubt play a role in our continued success and growth,” said Security Matters (ASX:SMX) co-founder and CEO Haggai Alon.
It makes sense that the company would look to boost its leadership capabilities given it aims to cement its place at the forefront of the brand protection and authentication sector. By accelerating commercialisation of its technology, Security Matters hopes to leverage its position when securing additional proof of concept agreements, and other commercial agreements.
Local and global expertise
As CTO, Mr Shmueli will lead the development of company’s blockchain and cyber applications. He brings over 26 years of technology, software engineering, cyber innovation, and systems engineering experience.
During his career, Mr Shmueli held Head of Department and CRO (Chief Research Officer) roles within the cyber and software development departments of the IDF. Mr Shmueli led several cyber and machine learning initiatives and supervised large USA projects at the World Bank and the Inter-American Development Bank. During this time, he was responsible for leading R&D projects and conducting break-through research highlighting his experience working with global partners on complex products.
Security Matters expects Mr Shmueli’s experience working with global partners on complex products will be invaluable in its strategy to become the global record of physical goods using blockchain technology, what it refers to as brand protection technology.
Dr Nahum will be responsible for the development of chemical markers for polymeric solutions, while Dr Sade will be responsible for the analysis of physical data for internal and external R&D projects.
Both are highly skilled PhD graduates with expertise in commercialising chemical products.
A valuable solution to many companies
Security Matter’s technology is known as “The Intelligence on Things” and allows any solid, liquid or gas to be invisibly and irrevocably ‘marked’ using a chemical-based barcode.
Once applied, these unique markers can be logged by readers, enabling visualisation of products moving through their supply chains.
The company says that supply chain breaches are a very common occurrence, as the recent Australian strawberry crisis showed, and can lead to millions of dollars in damages.
The company offers technology that is valuable to many companies in a range of different sectors, who encounter counterfeiting of products or integrity issues in their supply chains.
It is growing and commercialising its brand protection technology, both domestically and internationally, by developing innovative chemical IP.
These new company appointments aim to accelerate this work and keep Security Matters at the forefront of the sector.