 So we're here at the ID TechX launch pad zone and hi, so who are you? My name is Steve Lerner, I'm the founder and CEO of the company, and this is Michael Karst, our VP of VisDev. And what are you showing here? I'm showing a gas sensor. As the name implies, we build carbon nanotube based gas sensors. So this is a gas sensor, which is a big important thing for the future, right? Environmental monitoring, medical diagnostics in board, auto monitoring, household applications, there are hundreds. So I've been told I shouldn't talk about it, but you know all this smoke that's going on, you can measure that? Of course, well, we don't measure particles, but we can measure the gaseous compounds within the smoke. So it's like the PM 2.5 value or something like that? PM 2.5 is an indirect measurement using our technology. If you look at PM 2.5, it's 40% composed of nitric acid and ammonia. So if one were to measure those two chemical compounds on a high particulate day, you can infer the PM 2.5 level without having to resort to expensive spectroscopic methods. So it says right here, you do stuff that has to do with reducing the power consumption of IoT gas sensors by 1000X. Is that for real? That's being generous to the incumbent technology, which is metal oxide. That's what I'll be talking about tomorrow. That's running at 100% duty cycle. If we reduce that down to 2% duty cycle, we're looking at nano amps or nano watt power consumption. There's no other sensor like it, melds well with energy harvesting techniques, obviously increases battery life by many orders of magnitude. So it's what we need to get IoT embracing gas sensors more frequently. The metal oxide semiconductors are in the milliamp range and taking them down to the duty cycles that I mentioned earlier severely degrades the sensitivity. So how is it different from what's there? What do you do different? Well, we use different materials. Our fundamental mechanism is different. A metal oxide semiconductor is basically a heat plate operating anywhere between 200 and 400 degrees C. We run at room temperature. We have no heating involved in the measurement process. And we're using unique material. You've heard of the nano craze 10 years ago. It's finally coming into its own after much characterization, much engineering work. We're harnessing pure, semi-conducting carbon nanotubes. So this is nanotechnology? This is nanotechnology. Finally. Oh, what's it called? Not finally, but this is a real chip right here? It's a real chip. It's real technology. And the beauty of our approach is that it's scalable. This is not nanotechnology from a university lab. This is nanotechnology whose process is qualified in the largest semiconductor fabrication centers in the world. So does the air go into those nine holes right here? And what goes on under it? Can you try to explain? Basically, we're changing the resistivity. Let's just sit down so you can get closer to the mic. So you're doing what, sorry? Basically, we're measuring the change of resistance in the sensing element. It's a very simple mechanism, but to engineer that all out to semiconductor grade processing, cleanliness, repeatability, that's what hasn't been done previously. Researchers had carbon nanotube gas sensors working 15 years ago, but they might find one out of a batch of a thousand. We can manufacture these with 99% yield. So it's now moving into product phase. So you have a demo? So it's in here, your chip? The chip is running now. This is basically an air inlet, an air outlet, a little foil to... The chip is in the middle there? Yeah. And you connect the chip to your PCB? Yeah. This is a prototype unit, peripheral electronics, batteries, Bluetooth connection. And you're seeing the chip or the sensing response running on the tablet. And what you see here are 22 parallel elements running simultaneously. So 22 elements, what elements? So this chip is actually an array of sensors. In this particular package, we have 25 sensors. Of what? Different things? In this case, they're all the same, but they can be different things. They can be programmed to react with custom molecules of interest. So let's say if you want to measure the pollution, is one thing? Yeah, let's say you want to measure volatile organic compounds indoors, benzene, formaldehyde, other pollutants, carbon dioxide. One could program a chip for a matrix of gases of interest on a single chip. So you just program it? It's not just ones and zeroes. The programming methodology is composed of both chemically doping the chip and building machine-learned algorithms to recognize the signal response. So you're a startup? We are. Otherwise we wouldn't be in such a luxury booth. And how soon is this going to be everywhere? As soon as someone throws us enough money to spread it all over the world. So how much do you need? A hundred million? A billion? Or what's the target? We're a wind sheep. We're looking for five, ten million. And that would be enough to do what? Mass production? That would be enough to fully characterize several families of products. So then it would go around here. It would be in all these markets. You would be able to do stuff that has to do with cancer, diabetes. Each of these are a project in and of themselves. There are many, many molecules in our knowledge. Pollution? There are many, many molecules in outdoor air quality. What do you do with food? Food, measure spoilage, freshness. So you just point at the apple and it'll tell you you don't eat it? You bet. Stuff like that? You know, when you go to the meat counter these days, or when at least we're used to in the old days, pick up a piece of meat and spell it, right? They don't like you to do that anymore. So we can just wave our cell phone over the meat. So this is going to be the smart point? That's the holy grail for us. 2019? No. No? Why not? Why do you say no so quickly? They're way too conservative. The vision is to have these sensors in the phone, not only monitoring your environment, but monitoring your health. There are thousands of volatile organic compounds in your breath. Those are all tell-tale markers for a variety of diseases. But that needs to go through FDA. That needs to be bulletproof in order to go into a cell phone. That's a lot of engineering work. Hence the investment that I trust you're going to find for us after downloading all this information. So right now, the people watching, they can just contact you and we'll put the contact information below the video. If they're on the West Coast... Where are you based? We're based in the greater Boston area in Burlington. Michael is based here in Santa Clara. And we can be anywhere that's needed. And you're going around to all the different big companies and small companies and maybe they're coming to your booth. And we're giving a talk tomorrow. All right.