EIS Pending. Smartphone companies need sensors to differentiate and improve their products. Nanusens designed a new manufacturing process to produce the wide range of nanosensors present in smartphones, reducing its cost and size, as well as a reduction in time to market of up to 85% while increasing performance for an industry worth 28 billion dollars.
Every year 2.5 billion handsets are sold. This huge market is served by a reduced number of companies. Since most mobile phones look very similar, they try to differentiate adding new and better sensors (measuring movement, air quality, and other parameters), which need to be also low-cost and of small size.
These sensors are a special type of chips having nano-mechanisms inside, called MEMS, and they require specific manufacturing processes for each one. This means that it can take 5-7 years to launch new products to the market and the cost is high, because of the need to set up a new manufacturing process.
Nanusens has the technology to design and manufacture sensor chips with a standard manufacturing process widely used in the semiconductor industry, called CMOS, having an economy of scale and using state of the art equipment. This way, we aim to deliver new products to the market in 1-2 years, with lower production costs, smaller size and better performance.
Nanusens has the supply chain fully defined, having partnered with trusted providers.
The first product is planned to be ready by September after completing the mechanical part. Upon finishing the electronic part and doing final qualification, sales will start. Nanusens is already in conversations with potential customers in China with whom the final specifications are being defined.
Nanusens has government loans.