Pires Investments PLC Ambisense launches new COVID-19 platform AmbiAir
October 02 2020 - 1:00AM
RNS Non-Regulatory
TIDMPIRI
Pires Investments PLC
02 October 2020
02 October 2020
Pires Investments plc
("Pires" or the "Company")
Ambisense launches new COVID-19 platform AmbiAir
Pires Investments plc (AIM: PIRI), the investment company
focused on next generation technology, is pleased to provide an
update on its investment in Sure Valley Ventures ("SVV") in
relation to Ambisense, a company within the SVV portfolio, which
provides sensors and an analysis platform to allow real-time gas
and environmental monitoring.
Ambisense has announced its entry into the air quality market
with the launch of AmbiAir, a solution designed to help manage,
assess, and predict the COVID-19 risk in commercial and public
buildings .
By increasing building ventilation, and combining it with
measures such as social distancing, it is possible to decrease the
COVID-19 risk in public spaces. Studies show that the danger of
exposure to COVID-19 is reduced when the level of CO(2) is below
600ppm, relative humidity is between 40-60%, and there are no or
very minimal levels of PM(2.5) .
AmbiAir is a low-cost solution that combines discreet,
multi-deployable hardware with Ambilytics, an intelligent platform
that digs through the vast quantities of location-based data, to
quickly and easily understand the performance of these critical
risk drivers, identifying risk hot-spots in real-time, and
predicting when safe levels are likely to be breached.
The first in a range of air quality solutions being released by
Ambisense this year, AmbiAir combines multiple tools and techniques
useful to air quality professionals to understand the behaviour of
air quality pollutants.
Pires has a circa 13% interest in SVV. SVV is a venture capital
fund focused on investing in the software technology sector with a
specific focus on artificial intelligence, the internet of things
and immersive technologies.
Peter Redmond, Chairman of Pires commented:
"Ambisense's launch of AmbiAir, a solution designed to help
manage, assess, and predict the COVID-19 risk in commercial and
public buildings, is particularly timely considering the challenges
the global pandemic continues to bring to everyday living. AmbiAir
is an innovative product to compliment already established measures
safeguarding the public from COVID-19, aiming to reduce the risk of
the virus in buildings and encourage employees to return to a safer
working environment.
"Ambisense has vast experience in this industry and has proven
its capabilities by launching this solution at a time when it is of
significant demand. We look forward to updating the market with
Ambisense's progress in due course."
- Ends -
Enquiries:
Pires Investments plc Tel: +44 (0) 20 3368 8961
Peter Redmond, Chairman
Nicholas Lee, Director
Broker
Peterhouse Capital Limited Tel: +44 (0) 20 7469 0935
Duncan Vasey/Lucy Williams Tel: +44 (0) 20 7469 0936
Joint broker
Mirabaud Securities Limited Tel: +44 (0) 20 3167 7221
Peter Krens
Financial media and PR
Yellow Jersey Tel: +44 (0) 20 3004 9512
Sarah Hollins
Henry Wilkinson
Annabel Atkins
Notes to Editors
About Pires Investments plc
Pires Investments plc (AIM: PIRI) is an investment company
providing investors with access to a portfolio of next generation
technology businesses with significant growth potential.
The Company is building an investment portfolio of high-tech
businesses across areas such as Artificial Intelligence ("AI"),
Internet of Things ("IoT"), Cyber Security, Machine Learning,
Immersive Technologies and Big Data, which the Board believes
demonstrate evidence of traction and the potential for exponential
growth, due to increasing global demand for development in these
sectors.
For further information, visit: https://piresinvestments.com/
.
About Ambisense
Since 2014, Ambisense has been driving innovation within the
geo-environmental space. It accelerates and optimises the delivery
of geo-environmental risk assessment on some of the world's largest
infrastructure projects, and across industrial and waste verticals.
Ambisense builds and deploys wireless solutions that, combined with
its intelligent platform Ambilytics, gives users incredibly deep
insights and improves their decision-making process.
Further information on Ambisense can be found at https://ambisense.net/ .
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