Industry: Sensor Technology Region: Spain Transaction Price: US$1 million Transaction Method: Equity Financing
Description of Requirement:
A Spanish company specializing in the Internet of Things has developed sensors specifically designed for long-term hydrogen measurement and remediation to keep radon levels below 300 Bq/m3. The company is looking for international partners willing to collaborate under long-term distribution agreements.
details:
1. Product details
Hydrogen is the leading cause of lung cancer in non-smokers and the second leading cause of lung cancer in smokers (between 3-14%, depending on exposure levels). The European Commission and the World Health Organization (WHO) estimate that 84,000 people worldwide die from residential ammonia every year.
The properties of the gas make it completely impossible to measure without proper instrumentation, which is a higher risk to those exposed to the gas, as it cannot be detected by humans alone. It is not uncommon to find high levels in residential and public buildings.
Against this background, the Spanish company was founded in 2014 with the main goal of making the world a better and safer place through the Internet of Things and emerging technologies. As IoT experts, they also provide a wide range of services including hardware and software development, technical consulting and support in bringing new technology products to market.
The company has developed an IoT ammonia sensor for real-time and long-term measurements. The advantages of this solution are continuous real-time measurements, external storage accessible via the network, and historical data analysis. Accurate measurements are obtained from the first hour without prior use of specialized network infrastructure (wifi, bluetooth, etc.), as the device has its own communication system.
The sensor has the following features:
● CE mark and Restriction of Hazardous Substances (RoHS) certification
●Nb-IoT. LTE Cat M1 and EGFRs connection
● Configurable real-time alerts (emails, messages, etc.) and built-in warning lights
● IoT panel for monitoring globally deployed devices
● Adaptive positioning for flexible placement
●Data analysis and reporting support
● Possibility to integrate with existing mitigation systems
●Two additional sensors to measure temperature and relative humidity
●Long-term and real-time measurements
The company has already exported in the international market and hopes to continue to increase its international presence and expand the target market. Therefore, the company is looking for new opportunities to expand its international business development by finding international distributors with strong network to commercialize its solutions.
2. Advantages and Innovation
Unlike other similar solutions on the market, this solution provides reliable, real-time, long-term measurements for IoT hydrogen sensors. Therefore, the solution can be implemented according to the recommendations of the World Health Organization (OMS) that only long-term and real-time measurements are reliable.
The provided system has several advantages;
●High sensitivity sensor 0.5cpm/pCi/l, which is 20~30 times of traditional radon detector
●High sensor accuracy, <10% at 10pCi/l
●Low power consumption: DC12 soil 0.1V, 65mA (5VDC adapter)
●BG96 Modem: Nb-IoT. Cat-M1 and GPRS
●Fast and stable: 1 hour
● Interactive and user-friendly Graphical User Interface (GUI)
●Temperature and humidity sensor
● IoT big data platform, including machine learning and artificial intelligence algorithms