INTERLINK ELECTRONICS, INC. ANNOUNCES $175,000 SBIR R&D AWARD FROM NOAA FOR DEVELOPMENT OF ADVANCED WILDFIRE SMOKE SENSORS

Rhea-AI Summary

Interlink Electronics, Inc. has received a $175,000 SBIR award from NOAA for the development of low-cost, low-power sensor nodes to monitor air quality impacted by wildfire smoke. The company aims to create a compact, easily deployable sensor that will improve existing air quality models.

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• Interlink Electronics, Inc. has received a $175,000 SBIR award from NOAA for the development of low-cost, low-power sensor nodes to monitor air quality impacted by wildfire smoke. This could lead to increased awareness and understanding of the impact of low air quality, potentially benefiting the company's market position and stock price.

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Recognizes Company's leading position in gas sensor research and commercialization

IRVINE, Calif., Sept. 6, 2023 /PRNewswire/ -- Interlink Electronics, Inc. (NASDAQ: LINK), a world-leading provider of sensors and printed electronic solutions that support a wide range of applications, including Human-Machine Interface ("HMI") devices and IoT solutions, is pleased to announce that its Gas and Environmental Solutions division has received a $175,000 SBIR award from NOAA for development of low-cost, low-power sensor nodes for monitoring air quality impacted by wildfire smoke.

As a result of climate change, the number and severity of wildfires have been increasing substantially, as exemplified by the recent tragic events in Maui. In addition to the loss of life of both residents and firefighters, the indirect effects of wildfires can impact human health even if people are living hundreds of miles away from the fire. Estimates of deaths attributable to wildfire smoke globally are 300,000 to 400,000, especially among elderly people, children and people with preexisting respiratory conditions.

"The smoke from Canadian wildfires that has blanketed major cities in the US this summer has highlighted the serious and growing public health concerns arising from wildfires. In addition to the particulate matter that makes the smoke visible, smoke also contains CO, NO2, SO2 and O3, all harmful for human beings," said Dr. Sreeni Rao, General Manager of the Gas and Environmental Sensors Division. "There is currently no existing compact low-cost electrochemical system containing sensors for outdoor monitoring of all four gases. We are proposing a low-cost, low-power miniaturized and easily deployable sensor that will deliver data for air quality in unmonitored areas capable of improving currently existing models, increasing awareness and understanding the impact of low air quality."

"Development of these sensors will enable us to penetrate into a large user base for more real-time air quality data," added Steven N. Bronson, Interlink's CEO and President. "This award continues our history of qualifying for SBIR grants, and we are also pleased to note that NOAA recognized the superior scientific and engineering backgrounds and talents of the Interlink team."

About Interlink Electronics, Inc.

Interlink Electronics is a world-leading provider of sensors and printed electronic solutions that support a wide range of applications, including Human-Machine Interface ("HMI") devices and IoT solutions, utilizing our expertise in materials science, manufacturing, firmware and software to produce in-house system solutions for custom specifications. We have a proven track record of supplying mission-critical technological solutions in diverse markets including medical devices, automotive, gas detection and environmental quality monitoring, oil and gas and general industrial, and consumer electronics, providing standard and custom-designed sensors that provide the flexibility and functionality needed for today's sophisticated applications.

The Company's products and solutions currently focus on three main fields:

• For nearly 40 years, the Company has led the printed electronics industry in commercializing its patented Force Sensing Resistor® technology, which offers pressure and position sensing and rugged capabilities in a very wide range of temperatures. Our piezoelectric film sensors offer strain, bend and vibration sensing and can be used on curved surfaces, while our advanced matrix sensor solutions offer multiple touch capabilities. We supply some of the world's top electronics manufacturers with intuitive sensor and interface technologies for use in advanced applications such as medical robotics and vehicle collision detection.

• Our Gas and Environmental Sensors division has over 25 years of experience in cutting-edge design and manufacture of electrochemical gas-sensing technology for industry, community, health and home. We provide advanced sensor solutions, precision sensing instruments, and custom engineering services for detecting gases such as carbon monoxide, ozone, hydrogen, NOX gases and ammonia, for transdermal alcohol detection and for air quality monitoring. Our innovative printed sensor design enables high-sensitivity, low-power and cost-effective solutions for broad adoption in the rapidly growing IOT market.

• Our Calman Technology subsidiary brings over 25 years of experience in the design and manufacture of membrane keypads, graphic overlays and industrial label products. We offer IP-rated digital and hybrid printed devices featuring integrated backlighting and shielding and printed electronics with advanced materials ink printing. Calman has customers in fields such as medical devices and defense technologies and gives the Company a base in Europe.

We serve our international customer base from our corporate headquarters in Irvine, California; our Global Product Development and Materials Science Center and distribution and logistics center in Camarillo, California; our advanced printed-electronics manufacturing facilities in Shenzhen, China, and Irvine, Scotland; and our proprietary gas-sensor production and product development facility in Newark, California.

For more information, please visit InterlinkElectronics.com.

Forward Looking Statements

This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as "thinks," "anticipates," "believes," "estimates," "expects," "intends," "plans," and similar words. Forward-looking statements in this press include statements about our acquisition program, our projected revenue and earnings growth, and the effects of recent acquisitions, including contributions to our products, manufacturing operations and the markets we serve. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. These statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the company's industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company's forward-looking statements include, among other things, the following: our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Interlink Electronics, Inc.
IR@iefsr.com
Steven N. Bronson, CEO
805-623-4184

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SOURCE Interlink Electronics

FAQ

What is Interlink Electronics, Inc. working on?

Interlink Electronics, Inc. is working on the development of low-cost, low-power sensor nodes to monitor air quality impacted by wildfire smoke.

What is the purpose of the sensor nodes?

The purpose of the sensor nodes is to improve existing air quality models and increase awareness and understanding of the impact of low air quality.

What is the significance of the SBIR award from NOAA?

The SBIR award from NOAA provides funding for Interlink Electronics, Inc. to develop the sensor nodes and recognizes the company's scientific and engineering talents.

How could this development benefit Interlink Electronics, Inc.?

The development of the sensor nodes could increase awareness and understanding of the impact of low air quality, potentially benefiting the company's market position and stock price.