Nanoveu goes global with Nestlé deal
Perth-based tech company Nanoveu is about to see its product distributed globally through a new deal with Nestlé.
Shares in the company surged to close up 60 per cent to 8.5¢, on the back of the announcement.
Nanoveu developed a self-disinfecting film screen designed to combat the spread of viruses and bacteria.
The global food and drink conglomerate has implemented a tailored version of the screen protector on its range of touch screen coffee machines, making an initial order worth $US50,000.
“The screen protections are a great solution because they can be easily used of current beverage machine,” Nestlé head of research and development Zenon Mandralis said.
Alfred Chong, the executive chairman of Nanoveu, said the Nanoshield device would be particularly important in the fight against COVID-19.
Mr Chong expected the growth of the product would be accelerated by working with a major brand like Nestlé.
“Both organisations have a strong desire to develop solutions which enable better health and safety outcomes for consumers in this new environment,” he said.
Before signing the deal, Nestlé conducted its own tests of the product in Switzerland.
Nanoveu’s self-disinfecting screen has also been made for smart phones.
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