German company, passionate about bringing innovative sensor technology and AI-based data modelling into industrial applications for the benefit of people, businesses, and society, is looking for business partners based on a commercial agreement.

Summary

Profile Type

Business Offer

POD Reference

BODE20230126002

Term of Validity

9 February 2023 - 8 February 2025

Company's Country

Germany

Type of partnership

Commercial agreement

Targeted Countries

All countries

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General information

Short Summary

A German company which develops and markets hand-held and in-line sensors for non-invasive and real-time determination of parameters and measurements is looking for industry partners based on a commercial agreement.

Full Description

A German company develops and produces hand-held and in-line sensors for the non-invasive and real-time determination of parameters and measurements of objects based on their biochemical composition. The sensors are based on hyperspectral and multispectral optical measurement methods.

The company follows the concept of soft sensors, i.e., innovative application-specific measurement principles and downstream data modelling of artificial intelligence (machine learning) are used for developing these sensors. As a result, the sensors open completely new applications and are significantly superior to conventional sensors in terms of precision, robustness, user-friendliness, and costs.

Through the targeted use of different levels of data processing, from hardware-embedded to edge and to cloud computing, customer-specific solutions are available for both interactive and automated applications.
The company develops and uses the following technological basis for products and services in various fields of application including agriculture, food, lifestyle, and traceability:

• Primary embodiment of the sensors as a hand-held device for interactive sampling or automated monitoring,
• Implementation of the soft sensor principle with primarily spectral-optical sensor hardware and data modelling based on machine learning,
• Use of existing mass hardware, such as smartphones and wearables as sensor hardware and data modelling based on machine learning,
• Covering the entire range from self-sufficient on-site measurement to edge and fog computing and onwards to proprietary or commercial cloud systems,
• Software-as-a-Service with smart contracts and blockchain-based organisation to ensure correct execution of the measurement for the customer and payment by the customer.

In order to assert unique selling propositions on the market, the company has a relevant development lead and its own or licensed industrial property rights (IPR). These include the expertise and software to parameterise and run machine learning algorithms on high-dimensional functional data as represented by spectral signatures, as well as IPR on innovative spectral- and texture-based measurement principles for mobile electronic devices.

The company is now looking for business partners who want to co-operate based on a commercial agreement.

Advantages and Innovations

The company provides innovative mobile scanners and uses proprietary development and patented or licensed core technologies. These are adapted to specific applications, customers, and markets, whereby the company uses high synergy effects. The company is constantly developing novel technology offers according to customers’ needs. Using AI and different cloud-based data analysis and modelling as well as connections to blockchains underline the state-of-the-art development of products and their skills.

Stage of Development

Already on the market

Sustainable Development Goals

Goal 9: Industry, Innovation and Infrastructure
Goal 8: Decent Work and Economic Growth
Goal 11: Sustainable Cities and Communities
Goal 3: Good Health and Well-being
Goal 13: Climate Action

IPR status

IPR granted

Partner Sought

Expected Role of a Partner

The company is looking for industry partners from sectors and fields of agriculture, food, lifestyle, and traceability seeking for hand-held and in-line sensors based on hyperspectral and multispectral optical measurement methods for the non-invasive and real-time determination of qualitative and quantitative parameters of a measurement object based on its biochemical composition. The preferred form of co-operation is a commercial agreement.

The company provides its tailored soft sensor applications as Software-as-a-Service technologies on a smart contract platform running on dedicated blockchains.

Type and Size of Partner