SMRT Labs

SMRT Labs was a Canadian medical device and thermal screening company focused on commercializing ThermalPass, a walk-through, touchless temperature screening system designed for public-space screening during the COVID-19 era. The business appears to have been structured as a joint venture between Predictiv AI and Commersive Solutions to bring the ThermalPass offering to market. Available sources describe early sales traction, but the venture reportedly failed to meet targets as pandemic-driven market demand and regulations changed. Predictiv AI exited the joint venture in November 2021 by transferring its stake to Commersive Solutions, and SMRT Labs later entered bankruptcy proceedings in February 2023. Based on the available evidence, SMRT Labs was a healthcare-related device company, but not a biotech or therapeutics developer.