News Article
NanoSensors Enters Into License Agreement With Pohang University
NanoSensors, Inc, a nanotechnology development company that develops instruments and sensors to detect explosives, chemical and biological agents announced that it has entered into a technology license agreement with Pohang University of Science and Technology, located in Korea, for exclusive rights to Korean patent-pending methods to increase the sensitivity of sensor devices utilizing carbon nanotubes as well as a planned patent application for fabricating single nanowire devices.
The license agreement provides the Company with the exclusive worldwide right to use for commercial purposes the licensed patent rights and related technology for the field of use in Homeland Security and Environmental Protection Agency applications. The license agreement provides the Company with advanced methods for using carbon nanotube devices as field-effect transistors for detection. Management believes that the licensed technology can be used in sensors devices to detect a wide variety of selected agents.
"With this license, we believe that the Company has obtained the rights to be able to build a second platform to support the development of advanced sensors which we expect will offer significantly improved sensitivity for the detection of targeted agents. In addition, we believe that the design of our planned products for biosensors that are based on nanoporous silicon technology can be readily adapted to the carbon nanotube sensors," said Dr. Ted Wong, CEO of the Company.
"With this license, we believe that the Company has obtained the rights to be able to build a second platform to support the development of advanced sensors which we expect will offer significantly improved sensitivity for the detection of targeted agents. In addition, we believe that the design of our planned products for biosensors that are based on nanoporous silicon technology can be readily adapted to the carbon nanotube sensors," said Dr. Ted Wong, CEO of the Company.
