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Vypex: Australian IoT innovation bringing full asset visibility to global supply chains

6 May 2026

Overview

Australian-born technology company Vypex is redefining how the logistics and recycling industries manage their most overlooked assets. From freight cages to skip bins, Vypex's IoT-enabled tracking solutions are giving enterprises unprecedented visibility and control over thousands of unpowered assets – helping them save costs, boost productivity, and unlock new revenue streams.

With Optus as its connectivity partner, Vypex has scaled from concept to tens of thousands of devices deployed across Australia, Europe, Asia and North America, creating a smarter, more connected supply chain.

"We set out to solve a huge visibility gap in logistics, and Optus helped us scale it. With long-life IoT tracking and dependable connectivity, our customers finally know where every asset is – and what it's worth."

James Cattermole
CEO, Vypex

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      Video transcript

      Video Transcript

      James and Bart in their office looking a Vypex tracker, then pointing at a computer screen showing all of the trackers in their location in Victoria.

      James Cattermole, CEO, Vypex

      So Vypex is an Australian technology company. We specialise in tracking what we call remote and unloved assets. So it's things like skip bins, freight containers, those kinds of things. Our customers have got thousands of assets that go out into the field, and they can be lost, they can be stolen, they can be damaged, or they can actually just sit at a customer's site for weeks and months and they just get forgotten.

      Visuals of people working in the Allied Express depot in Bankstown NSW moving freight containers and items in semi trucks.

      Alan Court, Head of Operations, Allied Express (Vypex Customer)

      In a lot of respects, they're very much like fuel. If supply is constrained, then we're not as efficient as we'd want to be.

      Bart Drew, CIO, Vypex

      That obviously, is a massive drain on their bottom line. So, what we're trying to achieve for them is to show them not just how many assets they have, but where are those assets, and how can they be used better within their own networks, to allow them to purchase less.

      Visuals of Alan working in his office at Allied Express Headquarters looking at the locations of the trackers on screen.

      Alan Court, Head of Operations, Allied Express (Vypex Customer)

      The real time tracking allows us to manage those so that they're always where we need them the most. They're proving to be the lifeblood of our network.

      James meeting his Optus Account Manager at the front door of the office and then Bart is showing him something on a mobile phone. It then looks at a laptop showing the inside of a Vypex tracker and a man's hands soldering an Optus Sim into the inside data board.

      James Cattermole, CEO, Vypex

      Optus has been a great partner for us, not only in Australia, but globally, because we're able to create such a great foundation. We knew we were going to have to build the technology from the ground up, and we needed a partner that we could work with that would invest in the vision that we had.

      Bart Drew, CIO, Vypex

      One thing that we want is for our customers to find the assets they're looking for. We need a solid network for that. Optus was critical early on in coming together and saying, we will believe in what you're doing.

      James, Bart and the Optus account manager are standing in the Vypex warehouse looking and discussing the different sizes of the Vypex trackers.

      James Cattermole, CEO, Vypex

      We need to be able to manufacture and ramp up really quickly when those orders come through. Optus was very supportive of this, and they were able to provide us with the number of sims and connections in those very large orders coming through all at once. Traditional tracking projects have failed in big part because of the cost. If you're trying to track 10 bins, it's not a big deal if you're tracking 10,000 suddenly those costs become a big issue. They actually constructed pricing plans specifically for what we were trying to achieve, which was incredible for us.

      Hand holding a mobile phone showing the Vypex app. A forklift is then moving Allied Express containers and preparing them for shipment.

      Bart Drew, CIO, Vypex

      If we hadn't have had that commitment early on, we wouldn't have been able to give guarantees to our customers, and the whole business case would have fallen apart.

      Allied Express flag flying in the wind over a blue sky backdrop. An Allied Express semi truck then departs the depot.

      James Cattermole, CEO, Vypex

      Our great customers, they trust us and they trust the Optus network. They could see the vision of the long-term benefit, and that's why Optus has been such a great partner for us.

      James, Bart and the Optus Account Manager walking through the Vypex warehouse talking and smiling. The screen cuts to the end card. It is a solid teal colour with a title card showing the Optus Yes in motion then finishes on the Optus logo.

      ENDS

      Extended Audio Described Vypex video

      The Challenge
      Where are my assets?

      For decades, logistics and recycling companies have struggled with a simple question: Where are my assets? Skip bins, freight cages, timber pallets are essential items that often disappear into the network, creating inefficiencies, unnecessary purchases, and lost revenue.

      Traditional tracking solutions existed, but many weren't built for harsh and rough environments. Devices were often too costly to deploy at scale, had short battery life, or couldn't withstand harsh industrial conditions – leaving businesses without a practical, long-term solution.

      “If we can add just 5% efficiency to logistics, that's billions of dollars in value. And with Optus by our side, we're making that vision a reality”

      James Cattermole
      CEO, Vypex

      The Solution
      Smart devices, smarter networks

      Vypex designs and manufactures its ruggedised, long-life trackers in Australia, powered by intelligent software and a patented mesh network called VypNet. This innovation allows devices to share data and battery load, extending lifespan and reducing operating costs.

      Every device runs on Optus IoT SIMs, delivering real time visibility across Australia's logistics network. Optus' NB-IoT technology keeps devices connected even in remote locations, and flexible commercial models make large-scale deployments viable.

      The success of Vypex's solution is underpinned by a true partnership with Optus. From the outset, Optus has supported Vypex's growth ambitions by guaranteeing long-term NB-IoT connectivity, delivering nationwide coverage for assets on the move, and co-creating pricing models that enable mass deployment.

      “Optus took a chance on us. They committed to NB-IoT and worked with us to create a pricing structure that enabled scale. That partnership was key”

      James Cattermole
      CEO, Vypex

      The Impact
      Efficiency, savings, and new revenue streams

      Today, Vypex solutions are deployed across major logistics and recycling brands, including Toll, Team Global Express, Linfox, Cleanaway and more.

      Customers are seeing:

      • Reduced asset loss: Millions of dollars saved by preventing misplaced or stolen equipment.
      • Operational efficiency: Smarter asset utilisation avoids unnecessary purchases.
      • Revenue growth: Smart assets enable premium services, like temperature monitoring for food logistics.

      With 40,000 Optus IoT SIMs deployed in the last quarter and 70,000+ devices already in the field, Vypex is scaling fast – powered by Optus' commitment to NB-IoT, nationwide coverage, and a true partnership approach that enables global growth.

      “Our trackers last up to 10 years. You fit them once and never touch them again. That's a game-changer for customers managing tens of thousands of assets.”

      Bart Drew
      CIO, Vypex


      Looking Ahead
      A connected future for logistics

      The future of logistics is connected. Vypex envisions a fully integrated supply chain where pallets, trailers, forklifts, and warehouses communicate seamlessly – delivering real-time insights and efficiency gains across every link.

      Tracking is becoming essential in modern logistics. Together, Vypex and Optus are helping more businesses move toward a future where every asset is smart, every supply chain is more transparent, and operational decisions are backed by real data.

      Further information

      To find out more about partnering with Optus, contact your account manager or request a call back below.

      Request a call back

      Customer profile: Vypex

      About

      Vypex is an Australian technology company transforming asset management for the logistics and recycling industries. Specialising in IoT-enabled tracking solutions, Vypex gives enterprises real-time visibility of thousands of unpowered assets, such as freight cages, skip bins, and timber pallets – helping them reduce loss, improve utilisation, and unlock new revenue streams. All Vypex devices are designed and manufactured in Australia, with a focus on rugged durability and ultra-long battery life.

      Industry

      Logistics & Recycling Technology

      Company Size

      ~12 employees

      History

      Founded to solve the long-standing challenge of tracking unpowered assets at scale, Vypex has grown rapidly across Australia and now operates globally in Europe, Asia, and North America. Its innovation journey began with building proprietary hardware and software, supported by Optus' NB-IoT connectivity and IoT SIMs to enable nationwide coverage and global scalability.

      Website

      https://www.vypex.com

      Location

      Headquartered in Melbourne, with deployments across Australia and international markets

      Solutions

      • IoT-enabled asset tracking devices
      • Proprietary mesh network (VypNet) for intelligent data and battery sharing
      • Customisable hardware and software for diverse asset types
      • Optus IoT SIMs for connectivity
      • NB-IoT network for long-range, low-power communication
      • Real-time asset visibility and utilisation analytics

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