Insplorion reaches collaboration agreement with Littelfuse for battery sensor technology
Insplorion AB announced today that it has signed a collaboration agreement with Littelfuse, Inc. for Insplorion’s proprietary NanoPlasmonic Sensing (NPS) battery sensor technology. The aim is that the collaboration leads to improved market activities and technical development needed to accelerate the advancement of this innovative technology into the automotive market.
"We are excited to take this step with Littelfuse, which we hope will help in bringing our NPS battery sensor technology to the market,” said Patrik Dahlqvist, Insplorion CEO. “We see Littelfuse as a good collaboration partner as their drive and growth ambitions for automotive sensors match our own ambitions. Furthermore, both companies have the technical capabilities for production, and the marketing access to the industry.”
Insplorion AB is a Swedish company that develops and sells its own technology NanoPlasmonic Sensing (NPS), within two business areas, Instruments and Sensor Systems. Within Instruments, the company sells instruments to researchers in materials- and life science. Sensor Systems develops sensors for specific applications such as battery sensor and air quality monitoring. For more information, please visit Insplorion.com.
Founded in 1927, Littelfuse is the global leader in circuit protection with advancing platforms in power control and sensor technologies. The company serves customers in the electronics, automotive and industrial markets with products that include fuses, semiconductors, polymers, ceramics, relays and sensors. Littelfuse has more than 11,000 employees in more than 50 locations worldwide. For more information, please visit Littelfuse.com.
Questions are answered by:
Patrik Dahlqvist, CEO Insplorion AB, +46 723 62 32 61 or email@example.com
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This information is insider information that Insplorion AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through Spotlight Stock Market, on July 16, 2018.