OVF Podcast: Lisa Mullen, CEO of Drōv Technologies

As a smart truck and trailer movement leader, Drōv Technologies enables intelligent and safe technology in the transportation industry. They're developing the AirBoxOne, which controls tire inflation and deflation on the trailer dynamically based on the vehicle's load. "As the trailer's loaded, it calculates the optimal tire pressure and adjust accordingly," explained Lisa Mullen, . "Then, in that same box, we have set an IoT gateway that will connect to sensor capabilities around the trailer. Everything from the door lock, GPS, accelerometer, refrigeration, temperature, wheel-end temperature, light out detection, camera, cargo sensing capabilities, just to name a few of the initial feature sets." The benefits of the system include safety and financial ROI. There are fuel efficiency savings that come with standard tire inflation and management. In terms of safety, having correctly inflated and managed tires will prevent critical issues such as blowouts or leaks that lead to that. "Our system can detect not only typical leaks like when you roll over something, but we can get down to valve stem leaks," Mullen said. "And diagnose situations that could ultimately, if left undiagnosed, become bigger problems for the fleet." In addition to leak issues, AirBoxOne can diagnose if bearings are heating up or if the temperature on wheel ends are getting to a critical level and prevent wheel end fires. The system can alert the driver and the fleet of those issues to avoid situations that might occur if it gets to a critical level. Mullen's involvement with Drōv Technologies started when a group of investors and business partners bought the company when it was just a mechanical tire inflation product. During evaluations, they made the bold decision to take all of the previous products off the market and re-engineer the wheel-end componentry. "While we did that, we took a look at the market and said, 'There's all this money going into technology and the truck, and there's no technology or very little going into the trailer,'" Mullen said. "In addition to that, we had the notion of inflating and deflating on load, but we had a prototype we hadn't flushed that out. With what was not happening in the market for the trailer side but what was happening on the truck, we thought let's make this more of a technology solution. We've spent the last few years building out a comprehensive technology solution that can lead the trailer industry from now into the future." Mullen is excited about Drōv's position to continue developing the future of trailer technology. Lisa Mullen will be speaking at the Oklahoma Venture Forum Power Lunch on Wednesday, November 11, 2020. Be sure to register below for the online ZOOM event to learn more about DROV, ask your questions, and connect with other entrepreneurs in Oklahoma.

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OVF Podcast: Lisa Mullen, CEO of Drōv Technologies is an episode from Oklahoma Venture Forum Podcast by Oklahoma Venture Forum.

This episode is 14:32 long.

This episode was published on Nov 4, 2020.

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