SpectralCast, Inc. announced that it has entered into a licensing agreement with Talon Safety Systems. The company has also received Talon's first payment of $200,000.00 as required under that agreement. SpectralCast will be completing the prototype, and beginning alpha testing for, Talon Safety Systems', tri-axial location beaconing system. Talon's product line is expected to be ready for sales in the second quarter of 2015.