Main takeaways from this year’s first investor webinar
July 25, 2024
On June 26, we held our first corporate webinar of the year, the first in a series of quarterly updates. The main objective was to share important information with our investors and partners regarding our commercial progress, including the acquisition of new customers, the development of new products, and new partnerships. Ynvisible is committed to being a transparent company, ensuring that our key stakeholders are regularly informed about our growth and development.
In this live webinar that you can watch here, our speakers – Ramin Heydarpour, CEO & Chairman, Keith Morton, VP of Sales & Marketing and Carlos Pinheiro, Co-founder and CTO, covered:
Our transition from an R&D company to an e-paper product company
Ynvisible’s main competitive advantages and proven product market-fit
The market potential for our products and current customer cases
The main milestones to achieve to support continued growth
In 2018, Ynvisible started as an R&D company focused on customer-driven projects. However, we realized that this approach led to long development cycles and presented scalability and manufacturing challenges. In 2021, we decided to pivot and develop standard e-paper-based products for specific markets; we started with indicators and signs. From there, we ramped up our product development and production capabilities, expanded our sales and distribution channels, and set out to prove that our solutions could fulfill identified market needs.
In 2023 and throughout 2024, we have found commercial applications for our e-paper displays and delivered commercial products to the market. Our paying customers integrated our solutions into their products and have supported us in proving the efficacy of Ynvisible’s e-paper displays, both from a performance and a price point perspectives.
Ynvisible’s e-paper displays stand out as the best in the market for multiple applications and markets due to their cutting-edge features:
Infinitely customizable, allowing for a wide range of creative outputs
Thin and flexible, both very important features, especially for products such as smart labels and wearables
Energy-efficient, an important feature as power consumption is one of the key barriers to entry for the integration of digital displays into many applications
Cost-effective; Ynvisible’s roll-to-roll printing manufacturing capabilities have cost advantages over the competition and allow for high volume production at low costs
Sustainable, with reduced e-waste both from a manufacturing and a usage perspectives
Ynvisible’s progress in the past 3 years have positioned our technology and products as a real alternative to standard display technologies, giving the company every right to participate in the IoT market as any other competitor, and enjoy prosperous growth. Main advantages over competing display technologies include:
100% more flexible
100% customizable
50% more cost effective than competition today, especially in larger sizes
> 90% lower carbon footprint than LCD
IP License from the Research Instituted of Sweden (RISE)
Defensible IP and patents with worldwide coverage
High level view of Ynvisible’s commercial applications and customer cases
Examples of Ynvisible proving product-market-fit for its e-paper products include the following 5 customers and applications, which represent a potential recurring revenue of over $13M starting this year:
Pharma Supply Chain Labels
In June 2024, Ynvisible announced a strategic collaboration with Hive-Zox, a Swiss-based company providing supply-chain solutions for visibility and real-time monitoring. Ynvisible’s printed e-paper displays will be integrated into a new, compact, smart label designed for pharmaceutical and healthcare shipment monitoring. Hive-Zox anticipates scaling the solution to over 1 million units annually.
This segment is valued at approx. $18-21 million
Home Medical Test Indicators
Ynvisible collaborated with a global industry leader in medical devices, to develop the next generation of medical at-home testing and diagnostic devices. The customized displays that Ynvisible developed for this application follow strict medical industry requirements, to comply with FDA regulations, and can become a standard solution in a wide range of medical and diagnostics products. Ynvisible has received a purchase order for more than 10,000 units for this new type of display, which will be delivered until the end of the year.
The segment is valued at approx. $37-41 million.
Supply Chain Data Logger Indicators
Ynvisible is also collaborating with a European provider of time/temperature monitoring solutions, incorporating our e-paper displays into the customer’s time/temperature data loggers. More developments on this customer case are expected during Q3/Q4 2024.
This segment is valued at approx. $18-21 million
Industrial Maintenance Indicators
Ynvisible announced an important collaboration with a leading provider of air compressors and compressed air systems. Ynvisible has developed an innovative maintenance timer based on its e-paper displays to replace traditional analogue time stickers. Over the next three years, Ynvisible will deliver 105,000 units of the maintenance timer, valued at over 1 million EUR.
This segment is valued at approx. $20-25 million
Battery-Powered Digital Signs
Ynvisible has achieved a significant milestone by completing the mass production and delivery of 25,000 large-format digital signs for Fortech S.r.l., Italy's leading provider of bespoke solutions for the fuel retail sector. Ynvisible and Fortech have now strengthened their partnership to engage in additional business throughout 2024 and beyond.
This segment is valued at approx $28-33 million.
We are proud of the market's positive reception of our products, and these customers cases highlight the potential of our e-paper displays in targeted markets. Our current focus is on e-paper displays for signs, labels, and digital indicators, with an estimated obtainable market size of approximately $385 million by 2028.
Milestones to support Ynvisible’s continued growth
In the coming months, Ynvisible will concentrate on three main initiatives:
Accelerate and expand sales to increase annual product sales to 10M by Q3 2025
Streamline and scale manufacturing - scale production capacity to meet sales volume
Develop the next generation of products to stay ahead of competition; this could integrate additional features, like color, sensors, power sources.
Ynvisible aims to be a leading player in the rapidly growing e-paper market by creating new applications with innovative and eco-friendly products. To learn more about what we do and to explore a potential collaboration with us, please contact us.
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