Nanoveu Limited announced that it has launched the NanoshieldTM Bot - the disinfection robot which kills viruses and bacteria using their new e-water; a chemical and alcohol-free formulation which is Halal certified. e-water is a pH neutral sanitation water containing Complex Oxygen Compounds. It is food grade and not harmful to inhale, causes no eye or skin irritation, deodorises air, moisturises the skin, can be used with existing ultrasonic humidifier technology and passes Japanese tap water standards.

e-water is effective in eliminating coronavirus (SARS-CoV-2), inactivating 99.93% of SARS-CoV-2 (COVID-19) within 30 minutes, tested by Shokukanken Inc, Japan5. Founded in 1998, Shokukanken is a full-service food testing and analysis laboratory operating in Maebashi City, Gunma, Japan. It is also effective in eliminating feline coronavirus within 30 seconds6 and Influenza A within 30 seconds.

e-water is made from a diaphragm free electrolytic cell method and vibrates molecules at a constant frequency to create ions that have strong antiviral efficacy, whilst maintaining pH neutrality. e-water has excellent antibacterial efficacy, reducing >99.999% of Escherichia coli, Salmonella enterica, Pseudomonas aeruginosa & Staphylococcus aureus within 30 seconds, tested by Tokyo Metropolitan Food Technology Centre, Japan. NanoshieldTM Bot will be marketed and sold under the NanoshieldTM brand as a Robot as a Service (RaaS), whereby the Company will provide a complete solution including the supply of robot, maintenance, software management, the e-water disinfectant solution, public liability insurance and mapping.

Under the RaaS model, Nanoveu plans to lease robots to the hotel under a monthly service charge for a 12-24 month contract, with the robots currently supplied to the Company under a third party manufacturing contract. Traditionally robots have been expensive and difficult to maintain, hence the Company's RaaS business model provides an accessible solution for hotels to maintain a high level of health standards, whilst also minimising the initial capital outlay required to deploy a robot. The RaaS business model significantly reduces the capital expenditure for clients, and has the potential to result in cost savings, with the RaaS offering anticipated to be cheaper than full time staffing to perform the same tasks.

The NanoshieldTM Bot was trialled at several five star hotels in Singapore including Resort World Sentosa & Ascott Hotel, with the trials including mapping, e-water and 3 day load period. Following the highly positive feedback received, there are currently a backlog of hotels awaiting trials, with Nanoveu to initially focus in the Singaporean market including hotels, hospitals, malls and airports with plans to expand into further jurisdictions. The recurring service fee will provide a robust baseline of revenue for the company.

With the positive feedback, Nanoveu expects to be able to deploy further commercial units, however, notes that currently, it does not yet have signed deployment contracts.