SAICTS investment briefing | Evidence reviewed 4 August 2026

Phepha FleetIQ

Mobility intelligence that keeps the evidence.

An offline-first edge and operations platform connecting vehicle, driver, place and policy for African fleets where loss, delay and weak connectivity carry real cost.

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R3.5mstaged validation capital

50 unitsmixed-network field evidence

15 monthstarget to paid conversion

Demonstrated

Running in the Raspberry Pi edge prototype.

Funded next

Scoped into the 10-to-50-unit validation programme.

Partner-gated

Requires an authorised provider, certified installer or regulator.

An operating example

02:17. A vehicle leaves its authorised corridor under weak signal.

The value is not another dot on a map. It is a reviewable sequence showing what happened, when, where, to which vehicle and under which policy.

The edge unit acts locally.Driver identity and geofence policy continue without waiting for cloud coverage.
The evidence is written first.Event, GNSS quality and camera context enter the local outbox before any network request.
Operations receives a joined record.When bandwidth returns, the timeline, clip and alert upload in order for review and acknowledgement.
A decision becomes auditable.Operations can distinguish a route exception, theft signal, safety incident or sensor-quality problem before escalating.

Demonstrated today

The core edge workflow already runs.

Bench evidence, not a production-certification claim. The field programme exists to convert working components into measured reliability.

Operations workspace prototype with live camera, map and evidence timeline — **Operations workspace**Camera, GNSS quality, route trail, identity and local queue health in one authenticated view.

Geofence Studio prototype showing a map and policy editor — **Geofence Studio**Circle, polygon and route policies with speed, dwell, schedule, severity and ordered recipients.

Camera + GNSSLive status and position quality

Local identityFace enrolment and matching

Store and forwardSQLite-backed event outbox

Evidence custodyHash-linked dossier exports

Authenticated bench system

The Raspberry Pi may be powered down between demonstrations. The public gateway reports an offline state instead of presenting stale telemetry.

Open prototype status

Investment thesis

Fund evidence creation, not speculative scale.

The raise is structured to answer the questions that determine bankability: reliability, installability, unit cost, willingness to pay and repeatable support.

African operating fit

Offline-first event processing, selective media upload and depot offload address weak links and expensive mobile data directly.

Evidence as the wedge

Phepha joins location, driver, event, policy and media into one operational record instead of selling isolated tracking points.

Land and expand

Connect starts with movement visibility; Protect adds evidence; Command adds read-only vehicle insight without replacing the platform.

Milestone discipline

Capital is released against 10-unit and 50-unit gates before a wider commercial rollout is treated as earned.

Market evidence

A proven category with room for an evidence-led African product.

Public prices are directional, not perfectly comparable. Contract term, installation, hardware ownership, recovery, video, data and service level must be normalised during customer discovery.

2.1mNetstar subscribersH1 FY2026 reported 2.66mKarooooo subscribersFY2026 Q4 reported ~3mPowerfleet subscribersFY2026 company report ~6mGeotab connected assetsCompany-reported global scale

Public pricing check, reviewed 4 August 2026
Provider	Published entry context	Interpretation	Source
Netstar	R99-R199 / month	Public consumer tracking plans; 36-month rental context.	Review
Tracker	R139-R229 / month	Recover through CarePulse plans; installation stated as included.	Review
Cartrack	From R99 / month	Public consumer entry point; enterprise fleet pricing is configuration-led.	Review
Phepha planning case	R149 / R499 / R699	Device purchase plus service; camera, evidence and CAN tiers are not like-for-like with basic recovery.	Review

Direct commercial benchmarks are Netstar, Tracker, Cartrack, Matrix/MiX-Powerfleet and global fleet platforms. Aerospace companies such as Lockheed Martin and RTX are treated only as adjacent benchmarks for secure telemetry, sensor fusion and predictive maintenance.

Commercial architecture

Three packages, one evidence and operations platform.

Entry prices and BOMs are management planning assumptions. Supplier quotations, installation telemetry and pilot willingness-to-pay will replace them.

Phepha Connect

R1,999

+ R149 / month

Offline-first movement visibility for fleets that need dependable route evidence.

GNSS, trips, dwell and route history
Circle, polygon and corridor geofences
Local event queue during network loss
Optional low-bandwidth corridor telemetry

Pilot BOM R2,450 | target BOM R1,250

Phepha Protect

R6,999

+ R499 / month

Event-led video and driver context without streaming continuously over cellular data.

Everything in Connect
Camera evidence and local face identity
Pre-event and post-event clips
Alert, acknowledgement and custody records

Pilot BOM R6,200 | target BOM R4,200

Phepha Command

R8,999

+ R699 / month

Read-only vehicle intelligence for maintenance, fuel and operating-performance decisions.

Everything in Protect
Read-only CAN / OBD data
Fuel and maintenance insight
No actuation in the funded pilot

Pilot BOM R7,800 | target BOM R5,300

Included platform layerOperations workspaceEvidence registryAlerts and acknowledgementAPIs and exports

Planning ARPVR409 / monthBlended management case

2031 active units5,784Base scenario, not guidance

2031 revenueR41.1mFormula-driven management case

2031 EBITDAR12.4mRequires pilot validation

These figures are scenarios, not promises. The model must be rebased with supplier quotes, customer conversion, churn, warranty, data, installation, bad-debt, certification and working-capital evidence.

Use-case portfolio

Start narrow. Reuse the platform across moving assets.

Each sector requires its own buyer, safety case, data-retention policy and return-on-investment proof. A shared platform does not mean one universal sales motion.

Logistics

Route and dwell control

Proof of delivery, driver identity and exception evidence

Mining

Restricted-zone policy

Vehicle proximity, shift evidence and weak-link operation

Security

Event-led response

Tamper alerts, live-on-demand video and custody records

Insurance

Claims-grade context

Verified timelines, policy compliance and exportable dossiers

School transport

Passenger duty of care

Route adherence, driver context and escalation records

Rental and finance

Asset misuse evidence

Unauthorised movement, handover and recovery workflows

Municipal fleets

Accountable utilisation

Trip, fuel, maintenance and service-delivery evidence

Agriculture and construction

Remote asset visibility

Offline tracking, geofences and equipment context

Disciplined adjacency

One trusted event infrastructure, three growth phases.

The expansion logic reuses edge hardware, maps, identity, evidence, installers and response workflows. Each phase earns its own safety case, customer proof and regulatory route before scale.

01Demonstrated core

Phase 1 | Mobility intelligence

Make vehicle exceptions visible and reviewable.

FleetIQ joins GNSS, driver identity, camera context, geofence policy and offline evidence into one operating record for fleets, mines, insurers and security operators.

Revenue logicDevice margin, installation, monthly software and enterprise support

02Funded expansion

Phase 2 | Edge product studio

Use the same workshop to solve scarce physical problems.

3D printers produce Phepha enclosures, camera mounts, cable guides, installation jigs and low-volume non-safety-critical replacement parts. A Honda Jazz brake-pedal stopper prototype demonstrates rapid problem solving, not a road-certified commercial component.

Revenue logicEnclosures, fixtures, prototyping, short-run parts and design services

03Partner-gated

Phase 3 | Phepha Safety Network

Extend the evidence and response layer from vehicles to places.

Home, shop, office and vehicle sensors share identity, event capture, maps and evidence custody. A human-reviewed incident exchange can offer verified jobs to nearby on-duty PSiRA-accredited response partners, while medical or police escalation follows authorised channels and formal agreements.

Revenue logicSafety subscriptions, partner take rate, incident fees and recovery outcomes

01DetectVehicle or place event

02VerifyHuman triage and evidence

03OfferNearest eligible partner

04RespondAcknowledge and track

05CloseOutcome and custody record

Security responseOnly contracted, appropriately registered PSiRA providers receive response work.

Emergency servicesPhepha supports operator hand-off; police and EMS dispatch require authorised channels and agreements.

Responsible automationAI can rank signals, but a human confirms high-consequence escalation and payment disputes.

Vehicle partsSafety-critical parts need material specification, durability testing, installer sign-off, liability cover and applicable approval before sale.

Shared production economics

Multiple revenue streams reuse the same technical base.

HardwareEdge units, sensors, protected power and connectivity modules

Recurring platformPer-asset operations, evidence, alerts and reporting

Deployment servicesInstallation, training, maintenance and managed support

Response networkPartner marketplace fee only where contracts and regulation permit

Data productsConsent-based APIs, evidence exports and enterprise integrations

Additive manufacturingEnclosures, mounts, jigs and validated short-run plastic parts

Phepha Smart VisionExplore the camera-upgrade products, commercial estimator and public-safety delivery model.

Execution credibility

Phepha builds on work SAICTS has already delivered.

References below are drawn from the supplied 2026 business profile. Independent client confirmations, contracts and acceptance evidence belong in controlled diligence.

Delivered via Lindbong Development

Elangeni TVET College

Multi-campus digital election workflow with live results, seat allocation, administration and audit tooling.

SAICTS business profile and project artefacts; client confirmation remains a diligence gate.

SRC Elections 2025/26

Mangosuthu University of Technology

Institutional results publication, operational dashboarding and on-site election support.

SAICTS business profile and supplied project media; reference contact shared with consent.

Education and community wellness

SIASCOR

Digital platform and creative delivery supporting community-facing programmes.

Public client relationship and testimonial recorded in the SAICTS business profile.

“Their creativity and dedication brought our vision to life, and the results exceeded all expectations.”
Siphamandla Mthembu, SIASCOR - testimonial published in the SAICTS business profile

Additional relationships recordedLindbong DevelopmentIntuition CollegeColman ProtectionSWV BrothersZondividualA/Z Community ServicesAMAHLUBI.COMSename Agbossou Group

Chief Executive Officer

Olwethu U. Masiza

Growth, partnerships, stakeholder relations and brand leadership.

COO and Technical Lead

Samkelo S. Mngoma

Systems architecture, data, IoT, cloud and embedded product development.

Public professional profile

Chief Financial Officer

Mkhuseli M. Diya

Finance, project coordination and disability-led product perspective.

Credential discipline: founder training credentials support personal competence and are verified individually. They are not represented as organizational ISO certification. The supplied B-BBEE certificate expired on 15 April 2026 and is a renewal gate.

Responsible technology transfer

Combine proven patterns without importing unsafe claims.

Phepha uses open interfaces and replaceable components. Every software licence, model weight, patent family and safety-critical feature requires its own commercial review.

Open edge

Linux, Python, OpenCV, MQTT and SQLite

A compact local runtime handles camera, GNSS, geofence and store-and-forward work without cloud dependency.

Open control plane

PostgreSQL/PostGIS, object storage and standard APIs

Cloud services remain replaceable and auditable rather than locking the product to one proprietary fleet stack.

China pattern

T-box telemetry, multi-constellation GNSS and EV data

GB/T 32960 informs a structured telemetry lens; it is not treated as South African law or copied proprietary IP.

Aerospace pattern

Secure records and condition-based maintenance

Lockheed Martin and RTX provide adjacent design lessons, not direct competitor pricing or product claims.

Read-only vehicle interfaceNo moving immobilisation or automatic actuation in the funded pilot.

Human-reviewed AINo punishment, dispatch or safety decision based solely on a model score.

Territorial IP reviewA foreign patent expiry does not prove South African freedom to operate.

Commercial licence registerCode licences and model-weight licences are reviewed separately.

Additive-manufacturing QAPrototype success is not production approval; safety-critical parts remain gated by engineering validation.

Connection-agnostic by design

Use each network for the job it can do reliably.

Phepha separates control telemetry from media so fleets can reduce data cost without losing operational truth.

Primary4G / LTE

Telemetry, commands and event uploads

Corridor optionLoRa / mesh

Small alerts and health data on controlled routes

Depot offloadWi-Fi

Clips, updates and high-volume evidence sync

Capital plan

R3.5m converts a bench prototype into field evidence.

Preferred structure: blended non-dilutive, strategic and risk capital released against documented evidence gates.

Use of funds

Edge and product engineeringR850k

Hardware and sparesR600k

Cloud, security and evidenceR550k

Certification and testingR450k

Field, go-to-market, legal and contingencyR1.05m

0-3 months

Industrialise

Cloud MVP, protected power, device identity and test fixtures

4-6 months

Prove 10 units

Controlled-route reliability, GNSS, camera, queue and evidence tests

7-11 months

Validate 50 units

Mixed networks, installer pack, support runbooks and cost telemetry

12-15 months

Convert to paid

Three anchor customers, compliance route and renewal evidence

Release targets24-hour offline replay with no event lossBounded queues<350 MB application memoryIndependent dossier verification

Submitted demonstration evidence

See the hardware and vehicle interface being explored.

These workbench videos support technical diligence; they are not evidence of automotive certification.

Hardware demonstration 01Component and vehicle-interface inspection supplied by the founding team.

Hardware demonstration 02Additional bench evidence for the planned read-only vehicle gateway.

Impact with evidence

Local value compounds beyond the device.

Proposed 2027 targets, to be measured independently and never presented as guaranteed outcomes.

6direct payroll-backed jobs

4installer and channel livelihoods

10youth technical placements

1stDirect deploymentLocal assembly, installation, support and fleet visibility

2ndOperational spilloverFaster incident review and less manual reconciliation

3rdInstitutional spilloverBetter insurer, mine, school-transport and logistics evidence workflows

4thEcosystem capabilityExportable African IoT skills, supplier learning and tax base

Source register

Claims should be traceable to evidence.

Public sources were reviewed on 4 August 2026. Company delivery statements are attributed to SAICTS-supplied evidence and remain subject to investor verification.

Research communities and open-source forums informed technology discovery, but material investment claims use official company, regulator, standards-body, repository or filing sources wherever available.

Investor library

Start with the deck. Go deeper when the question deserves it.

Every public file is sanitized for circulation. Sensitive corporate evidence remains in the access-controlled diligence room.

Investor deck22 slides | strategy, proof, economics and funding ask Investment memorandum25 pages | feasibility, market, risk, impact and diligence Two-page teaserA concise briefing for first investor conversations Financial modelNine sheets | assumptions, unit economics, scenarios and checks

Controlled diligence

Corporate evidence is shared by approval, not by accident.

The restricted room contains company, tax and address material. Expired or incomplete credentials are labelled as evidence gates rather than presented as current.

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