An optical touchscreen technology that offers greater functionality and can be manufactured at a significant discount to comparable products
Wavetouch is the third technology Company that West Hill has sourced from the Technical University of Denmark “DTU”.
The Company’s optical touchscreen technology is considered to be a very significant innovation in that it offers comparable or better functionality than incumbent resistive and projected capacitive technologies but can be manufactured at a substantially cheaper price.
As such, the Wavetouch technology has the potential to penetrate the global touchscreen market which is worth $30billion per annum.
The Company has agreements in place with a globally recognised multinational technology company for use in a motorcycle Personal Navigation Device;
With a publicly traded global technology provider for use in a handheld industrial terminal;
With a Japanese multinational electronics manufacturer for use in a waterproof smartphone and with Fujitsu for use in the automotive market in Japan.
£5m SEIS / EIS equity
Principals of West Hill, Directors, HNWI, Institutional Investors
Transaction oversubscribed and closed in May 2017
Wavetouch believe that their optical touchscreen technology is a market leading solution in terms of its pricing and functionality. Significant orders with major, globally recognised customers, are expected to be delivered later in 2018.