Panorama Synergy Limited
(ASX:PSY) has announced it has entered into an exclusive global licensing agreement with the University of Western Australia for is MEMS-based optical spectrometer technology.
The agreement is aligned to PSY’s strategy to continue to expand its range of sensor technologies and products.
The technology measures changes in colour content of light after interacting with samples.
The technology is widely used in agricultural, military, pharmaceuticals and a variety of other markets.
Panorama Synergy reported a net loss of $4 million at 30 June 2015.
