Wavetronix Founders Named 2020 Entrepreneur of the Year Award Winners

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David Arnold and Mike Jensen will represent the Utah Region at the national level of Ernst & Young’s preeminent competitive awards program for entrepreneurs and leaders of high-growth companies.

Jen Clark
Posted on
March 30, 2021

Wavetronix, the worldwide market leader in radar traffic detection and monitoring, is pleased to announce that its founders, David Arnold, chief executive officer, and Mike Jensen, chief technology officer, have been named Entrepreneur Of The Year® 2020 Utah Region Award winners by Ernst & Young LLP (EY US). The award recognizes entrepreneurial leaders who, according to Ernst & Young, “are excelling in overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management.”

Arnold and Jensen were selected by an independent panel of judges, and the award was announced during the program’s first-ever virtual awards gala on 6 October 2020.

Founded in 2000, Wavetronix has grown to be a global company with offices around the world and throughout the United States. Arnold and Jensen met as professors at Brigham Young University and  eep the spirit of learning alive at Wavetronix. Ernst & Young noted that the company helps create a better world through the products they develop and manufacture for safer, more efficient transportation systems, but it also fosters an environment of education and personal development for all employees.

“Every day I’m inspired by the people I work with, and that’s what makes Wavetronix so special to me,” says Arnold. “One of our core values is ‘People First’ and the reason we started this company was to provide meaningful jobs for the engineering students that we taught at BYU.”

As Utah Region award winners, Arnold and Jensen are now eligible for consideration of the national awards, which will be announced Thursday, 19 November, during a virtual awards gala. Since 1986, EY US has honored entrepreneurs whose “ingenuity, spirit of innovation and tenacity have driven their companies’ success, transformed their industries and made a positive impact on their communities.”  

About Wavetronix

Wavetronix engineers and manufactures products that detect, connect and direct the traffic data needed for safer, more efficient roads and intersections. Founded in 2000, Wavetronix is headquartered in Provo, Utah, with regional offices located in Florida, London, France, China and Singapore. Wavetronix’ proprietary technologies are protected by US and international patents; other patents pending. For more information, visit Wavetronix online at www.wavetronix.com.

Program Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation. In the Utah Region, sponsors also include Diversified Insurance Group, Strong & Hanni Law Firm, Silicon Slopes, Truss, & The Community Foundation of Utah.

About Entrepreneur Of The Year®

Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. Winners go on to  compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy

About EY Private  

As Advisors to the ambitious™, EY Privateprofessionals possess the experience and passion to support private businessesand their owners in unlocking the full potential of their ambitions. EY Privateteams offer distinct insights born from the long EY history of working withbusiness owners and entrepreneurs. These teams support the full spectrum ofprivate enterprises including private capital managers and investors and theportfolio businesses they fund, business owners, family businesses, familyoffices and entrepreneurs. Visit ey.com/private

About EY

EY is a global leader in assurance, tax, strategy, transaction and consulting services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization, please visit ey.com.