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Insplorion hydrogen sensor in new proof-of-concept project

Insplorion AB (publ) hereby announces that a proof-of-concept project has been agreed with a large international customer operating in the packaging industry. The order value of the initial project is 0,2 MSEK and involves the delivery of custom Insplorion H2 detectors.

The intention of this initial project is to investigate the applicability of Insplorion H2 sensor to detect very low amounts of hydrogen in an industrial setting. The customer aims to use the detector in their process to identify and quantify root causes to equipment malfunction. “We are very excited for this project, as it shows the need for new hydrogen sensing capabilities also in this sector. These pilot projects are of great value for Insplorion, as they both demonstrate the need for our sensors in different sectors, and serve as natural stepping stones into larger commercial projects“, says CEO Johan Rask.

Questions are answered by:
Johan Rask, CEO
+46 708 94 60 60, johan.rask@insplorion.com

Per Giljam, CFO
+46 734 23 50 10, per.giljam@insplorion.com

About Insplorion
Insplorion’s vision is to use sensor technology for an accelerated transition to a sustainable future. With its unique sensor platform NanoPlasmonic Sensing (NPS), Insplorion operates within two fields; hydrogen sensors and research instruments. The hydrogen sensors enable safe and efficient deployment of hydrogen infrastructure through its unique benefits in detection speed, selectivity and ability to function in environments where many sensor technologies cannot. Our instruments give scientists around the world real time data within battery research and surface processes in fields like catalysis, material- and life science. Redeye AB is Insplorion's Certified Adviser on Nasdaq First North Growth Market.

Insplorion AB│ Arvid Wallgrens backe 20 │413 46 Göteborg│ Sweden │ 46-(0)31 380 26 95 │ www.insplorion.com │ info@insplorion.com

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Insplorion hydrogen sensor in new proof-of-concept project

Datum 2024-08-07, kl 08:30
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Insplorion hydrogen sensor in new proof-of-concept project
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