First lab tests conducted; colour changes observed.
Spanish patent obtained by the University of Zaragoza.
iPak AG founded
University searched for investors
Contract signed between the University of Zaragoza and iPak AG
Searched for suppliers of ingredients.
Contract signed between FELBER&PARTNERS AG and iPak AG.
The base material for the sensor was found; further tests conducted.
Samtack (Spain) engaged in industrial development and testing
Negotiations with potentially interested parties took place, including some major European retailers; NUTRECO (Netherlands) showed high interest in the sensor development.
Discovery Flexibles (Scotland) engaged in multi–layer sensor development.
Sensor greatly improved and altered from initial concept
Industrial test conducted with Nutreco; positive results were obtained.
Working towards improvements of BactoAlarm®.
Solutions for improvements were found; lab tests began before the next industrial test with Nutreco.
41 patents obtained, certificate of compliance with EU markets obtained, trademark was registered, value adding chain was conducted, and potential buyers are waiting!
Preparing ICO launch for BactoAlarm® Bio sensor
October/December – Promoting the project; introducing the concept to prospective partners
14–23 December – Token offering
Test with Nutreco to be conducted (Positive results will lead to final real–life testing with customers).
Form a social education network.
Product launch and mass production.
Company will start to generate profit; cashing back of coins will be announced.
Horizontal integration into the product line.