Nanoveu (ASX:NVU) has announced that its prospective acquisition, EMASS, has achieved significant benchmark results for its ECS-DOT System-on-a-Chip chipset. This chipset demonstrated a 20x lower energy consumption compared to competitor chips, setting a new industry standard for energy efficiency in edge AI applications.
Nanoveu is set to acquire EMASS, whose ECS-DOT SoC chipset exemplifies cutting-edge energy efficiency, consuming 20 times less energy than competing chips. This advancement is pivotal for power-sensitive applications such as IoT devices and wearables. The SoC's efficiency and capabilities will enhance Nanoveu's EyeFly3DTM platform, supporting real-time 2D to 3D conversions for glasses-free 3D experiences. Nanoveu's acquisition of EMASS aligns with its strategy to diversify and expand its technology offerings in AI and edge computing markets, while maintaining its leadership in advanced films and coatings like EyeFly3DTM and NanoshieldTM.
I am proud that EMASS has set new benchmarks in energy efficiency, which is crucial in advancing AI at the edge,' said Mohamed M. Sabry Aly, Founder of EMASS.