On April 30, we held this year’s first investor-focused webinar, to provide our community with updates on our progress in product development, customer acquisition, and market strategy.
Our CEO, Ramin Heydarpour, showcased the progress made by Ynvisible in developing both standard and customized products that are ready for sale, based on its cost-effective, sustainable, thin and low-power display technology, as well as our success in securing customers and positioning ourselves as a commercial supplier of e-paper products.
You can watch the recording here or read the main takeaways below:
In the past three years, Ynvisible has grown from an R&D company to a product company. We’ve been working diligently in building a strong foundation for a scalable business that delivers the right products to the right customers. Ynvisible has shown strong progress in that direction and the results we’re obtaining validate the market need for Ynvisible’s low-power, thin, flexible, cost-efficient e-paper displays.
One of the most notable achievements communicated in this webinar was our recently announced partnership with CCL Design, a global leader in specialty label, security, and packaging solutions. Through this partnership, we will be able to deliver printed display solutions at scale, enabling Ynvisible to use CCL’s global manufacturing footprint and accelerating sales to large customers.
Furthermore, we will be able to produce our displays in CCL’s manufacturing facilities in the US, Europe and Asia, which is especially important in the current tariff regime.
We are currently working with one of the largest industrial equipment suppliers in the world, that has implemented our smart labels for their industrial equipment. This is a recurring business, with a recurring annual revenue potential of approximately 1 million CAD per year.
We are also working with another very large global leader in industrial equipment for a similar application and looking to commercialize it still in 2025.
Another application mentioned was home medical diagnostic devices, in the context of Ynvisible working with an emerging leader in medical diagnostics. The device including Ynvisible’s e-paper display is currently under review by the Food and Drug Administration (FDA) in the US and our customer is confident it will pass this validation process. The customer, whose name is currently under NDA, is expected to place a first high volume order in Q3-Q4 2025, and the annual recurring revenue potential for Ynvisible for this application is 15 million CAD starting in 2026.
In addition to the 2 customers mentioned above, Ynvisible has a robust pipeline of additional customers that we are working with. Some of these clients include:
Our team is working relentlessly to drive sales growth, expand customer reach through digital marketing and trade shows and reach similar customers to the ones we already have, for similar applications.
Ynvisible is also growing its global footprint through its distributors, and we are proud to be able to sell our displays globally, including North America, Europe and Asia, through our wide distribution network, in addition to our own sales efforts and partnership with CCL.
Ynvisible has delivered what it was set out to do. We have proven product-market fit, we have the right partners to scale our business and we are excited and confident about the future.
To learn more about investment opportunities with Ynvisible, please reach out to our Investor Relations Manager, Elyssia Patterson, at elyssia.patterson@ynvisible.com.
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