Nanoveu's Acquisition of Embedded A.I. Systems (EMASS)

Nanoveu Limited (ASX: NVU) has acquired 100% of Embedded A.I. Systems Pte. Ltd. (EMASS), a leader in the System-on-a-Chip (SoC) semiconductor market. This acquisition allows Nanoveu to expand into AI-enabled hardware and glasses-free 3D technology, strengthening its market position across various industries.

The acquisition integrates EMASS' SoC technology into Nanoveu’s EyeFly3D™ platform, opening up opportunities in sectors such as medical devices, retail, and digital signage. This move is set to broaden Nanoveu’s revenue streams and increase its technological capabilities.

Revolutionary EyeFly3D™ Enhancements

By incorporating EMASS' SoC technology, Nanoveu’s EyeFly3D™ platform will deliver real-time 2D-to-3D conversions across multiple devices. This includes smartphones, tablets, and large-screen TVs, offering glasses-free 3D experiences in a wide range of industries.

This advancement enhances Nanoveu’s ability to meet growing market demand for 3D technology and opens new commercial opportunities.

Entry into the High-Growth SoC Market

EMASS' ultra-low-power SoC technology positions Nanoveu to tap into the fast-growing System-on-a-Chip market. This acquisition allows the company to serve the rising demand for AI-driven edge applications in wearables, IoT devices, and smart home systems.

Diversification and New Revenue Streams

Nanoveu can now market EMASS' SoC solutions directly to manufacturers of wearables, drones, and IoT devices. This diversification expands Nanoveu’s product portfolio and opens up new avenues for revenue growth.

World-Class Leadership and Innovation

EMASS was founded by Stanford-trained engineer Dr. Mohamed Sabry Aly. With extensive research experience and $75M in DARPA funding, Dr. Aly leads an innovative team with expertise in AI acceleration and energy-efficient SoC designs, giving Nanoveu a competitive edge in the semiconductor space.

Acquisition Terms Structured for Value

Nanoveu will issue A$5 million in shares and 83.33 million performance rights for the acquisition, subject to shareholder approval. These terms align incentives with EMASS' integration and key commercial milestones.

Leadership Insights on the Acquisition

Alfred Chong, CEO of Nanoveu, remarked that this acquisition is a pivotal step in enhancing EyeFly3D™ technology and expanding into the SoC market. The integration of EMASS will help deliver superior 3D experiences across various industries.

Dr. Mohamed Sabry Aly, founder of EMASS, expressed excitement about joining forces with Nanoveu. He emphasized that combining their SoC technology with Nanoveu’s platform will unlock new opportunities in the rapidly growing SoC market.

The Importance of SoC Technology

A System-on-a-Chip (SoC) integrates key components like CPU, GPU, and memory into a single chip. This technology allows devices to perform complex tasks like AI processing and 3D rendering while consuming minimal power. EMASS' SoC technology enhances the EyeFly3D™ platform with superior energy efficiency and real-time 2D-to-3D conversion capabilities.

EMASS: A Leader in Low-Power AI SoC Technology

Founded in 2020, EMASS specializes in ultra-low-power SoC solutions for AI at the edge. Built on the RISC-V architecture, EMASS' SoC provides customization and high performance, offering 30 GOPs (Giga Operations per Second) with minimal power consumption. This makes it ideal for portable devices.

Acquisition Rationale and Outlook

The acquisition will unlock several commercial opportunities. By integrating EMASS’ edge AI technology, Nanoveu can provide real-time 3D content conversion with minimal latency. This development opens new markets in industries like healthcare, education, and autonomous driving.

Nanoveu’s enhanced product portfolio positions it as a leader in AI-enabled hardware, tapping into high-growth markets.

Expanding Nanoveu’s Technical Expertise and IP Portfolio

The acquisition also boosts Nanoveu’s intellectual property (IP) portfolio. Dr. Mohamed Sabry Aly will remain as EMASS' CEO, contributing his extensive experience in SoC design to further drive innovation at Nanoveu.