Simavita Limited (ASX: SVA) develops smart, wearable and disposable technologies for the global diaper manufacturing industry. This industry currently generates approximately USD64bn in annual revenues.

The Company produces a portfolio of sensors and systems that meet a clear demand for smart diapers delivering a ‘time to change’ alert function to the global diaper industry. The opportunity represents a clear unmet market need to provide a low cost, intelligent product to a rapidly growing market which produces approximately 180bn diapers annually.