Panorama Synergy owns or has the rights to a valuable suite of MEMS technology and intellectual property which provides valuable exposure to the massive and rapidly growing MEMS, sensors and Internet of Things (IoT) markets.
The company has around 20 patents filed (10 granted) in Australia, Europe and the US. Its best-in-class proprietary technologies – the LumiMEMS sensor and the micro spectrometer technology –have the potential to become the ‘sensory organs’ in these markets for their sensing and measuring capabilities across a broad range of applications in multiple industry sectors.
Mobile. Robust. Cost-effective. Sensitive and accurate. Able to operate with a small footprint.
Panorama Synergy’s sensing technologies have significant advantages over existing technologies on the market, which aren’t sensitive or small enough to be widely deployed.
Commercialisation of these technologies is imminent.
Panorama Synergy’s LumiMEMS™ sensor and micro spectometer technologies are at the forefront of the large and growing MEMS, spectroscopy, sensors and IoT markets, so the company is well-positioned to commercialise these technologies.
Its focus on food and agriculture, defence and industrialx superior decision-making capability.
The micro spectrometer for spectroscopy, with its highly sensitive detection potential, is unique for its miniature chip size, which can be inserted into smartphones or developed into hand-held, even wearable, devices, taking analysis out of the laboratory and into the palm of a hand.
Panorama Synergy has close links with The University of Western Australia, in Perth, and the team of scientists in its Microelectronics Research Group. This collaboration ensures the company will continue to develop prototypes, explore R&D and potential partnerships, and acquire closely related or complementary technologies.
The company’s top-tier Board and management team are proven executives with industry experience.
Multi-billion-dollar market sectors
The MEMS market has grown to an estimated US$16 billion1 globally in 2016 and is forecast to grow at double-digits rates (c.11% *CAGR) in the next decade to become a US$32 billion market in 20241. The next wave of growth is expected to come from connecting mundane, everyday items or objects to the internet, in the so-called Internet of Things (IoT) markets. Smartphones, which are currently equipped with 10 to 15 MEMS, are set to become the hub, or brain, of the IoT, while MEMS are expected to become the sensory organs to gather inputs and stimuli. This may see MEMS demand increase substantially as the number and application of connected devices increases.
MEMS-based spectroscopy makes up 63% of the spectroscopy market and possesses major technological advantages relative to other methods. It is cost-effective, fast and allows for easy sample preparation, while being more robust and, importantly, more cost-efficient with a greater range for scalability. This means many devices could be used where previously this was prohibitive. For example, some forms of testing may require a sample to be collected from the crop, prepared, and then tested in a lab. A spectroscopy-based device may only need to ‘see’ the grain sample This is great news for a farmer looking at a wheat crop. The spectroscopy market is currently valued at US$13.5 billion.2 It is forecast to grow at rate of 2.9% CAGR to US$15.6 billion in 2020.2
Specific applications for sensors include light, heat, motion, moisture, pressure or any one of a number of environmental phenomena. The current sensors market is valued at US$113 billion3 and is forecast to grow at a rate of 11% CAGR to US$190 billion in 20213.
Everyday objects will become ‘smart’ in the development of the internet whereby these objects, such as fridges, cars, watches, sprinklers, thermostats – and any other connectable device – will be connected to the internet, likely through our smartphones which would become a hub of interactivity. The IoT is currently a US$1.9 trillion4 market and is forecast to grow at a rate of 39% CAGR to US$7.1 trillion in 2020.4
Commercialisation and growth
Panorama Synergy has a focused and de-risked strategy to commercialise its patented LumiMEMS Reader™ and its micro spectrometer technology.
These unique technologies have multiple paths to market, designed to maximise returns for shareholders.
The company’s growth trajectory is well considered, and includes:
Negotiations for - licensing arrangements that best suit industries with experience in MEMS-related manufacturing are in progress and provide early revenue opportunities for Panorama Synergy.
The potential paths to market that Panorama Synergy is investigating include:
Strong stakeholder support
There has been significant investment in the technologies to date. The company has cornerstone investors, with high levels of management ownership and significant founder holdings.
(1) HIS Inc, Yole Development, EE Times, (2) BCC research, global markets for spectroscopy equipment, (3) BCC research, global markets and technologies for sensors, (4) CISCO and International Data Corporation forecast,
* Compound Annual Growth Rate
29 SEPTEMBER 2014
Annual Report to shareholders
30 SEPTEMBER 2013
Annual Report to shareholders
1 SEPTEMBER 2012
2012 Annual Financial Report
11 APRIL 2017
6 APRIL 2017
4 APRIL 2017
28 MARCH 2017
28 MARCH 2017
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