Ainos, Inc. announced that it had signed an agreement with Nisshinbo Micro Devices Inc. (NISD) and Taiwan Inabata Sangyo Co. (Inabata) to co-develop a volatile organic compound (VOC) sensing platform (the "Platform"). The Platform is intended to be used in a variety of applications including telehealth, automotive, industrial, and environmental safety.

Under the Agreement, Ainos and NISD (collectively, the "Parties") will co-develop a VOC sensing platform that leverages Ainos' digital nose intellectual properties, the AI Nose platform. Ainos will be compensated with an upfront development fee and per-unit fees. Inabata will provide business logistics for the program and liaise between Ainos and NISD.

The Parties have a shared vision for the future of VOC sensing technology across a variety of applications, including telehealth, automotive, industrial, and environmental safety. To achieve this vision, the Parties have committed to collaborating on the development of innovative technologies by leveraging Ainos' cutting-edge artificial intelligence (AI) algorithm and digital nose technologies. These technologies have been developed over the past decade, and are protected by over 50 active and pending patents.

By combining their expertise and resources, the Parties aim to create a new standard in VOC sensing and analysis, utilizing Ainos' deep-learning algorithm and cloud-based big data analysis to provide unparalleled accuracy and insight.