other material
confidence high
sentiment positive
materiality 0.30
IIOT-OXYS signs non-exclusive distributor deal with ElastiSense for sensor tech
IIOT-OXYS, Inc.
- Non-exclusive Distributor Agreement with Denmark-based ElastiSense ApS for their proprietary sensor technology.
- Technology targets structural health monitoring and smart manufacturing applications.
- CEO Cliff Emmons cites deployment of rugged displacement sensors for stamped metal components in medical devices.
- Smart Manufacturing market cited at $64.9B in 2021, growing to $165.5B by 2026 (20.6% CAGR).