The Christmas season is starting and it is a good time to retrospect the year 2017. In the beginning of the year 2017, we made a strategic decision to focus on three areas. We started to focus more on automotive, air quality measurements and clean room contamination. Now, at the end of the year, we may proudly say, that the decision was right. We managed to launch new products during the year 2017 for two of these focus areas. Together with product launches we opened new businesses and applications for our GASERA ONE platform. It has been a busy and an intriguing journey for the whole company.
Two new product launches and many exhibitions in the year 2017
We launched our GASERA ONE FORMALDEHYDE at Pittcon in March 2017. We started to sell it for both indoor and ambient air quality measurements right after the launch. There are a lot of new opportunities for this product in the near future. It is linked to several applications such as fence-line, biogas plants, new buildings, wood products, ambient air quality, indoor air quality and occupational safety. Coming to the latter half of the year, we noted that the word-of-mouth was starting work well for us. We started to receive new co-operation proposals through our networks and have already signed new partnerships. We received new measurement suggestions that we did not even think about in the first place.
The other product, the GASERA ONE SHED, was launched in October 2017 at the Automotive Testing Expo in Michigan. It monitors ethanol and 3 other gases simultaneously. We gathered some really promising feedback and test results during autumn concerning the product-market-fit. In addition to automotive and air quality measurements, we have started both co-operation projects and customer testing in the semiconductor industry.
During the year, we participated in many trade shows and gained experiences from exhibitions all around the world. We succeeded beyond our expectations in many occasions when it comes to the amount of new contacts and co-operation agreements. We are working in an industry where personal relationships matter and thus we will continue to focus on our local presence and events also in 2018. Our next year’s first exhibition will be the Photonics West in San Francisco. The main event for us in the first half of next year is Pittcon 2018 in Orlando. We hope to see you there!
Distribution development and research focus
We managed to achieve closer connections to several new countries in Europe and in Asia through our new distributor agreements. We sent our teams to distributor and customer sites to help them to get started with our equipment. In many cases, this turned out to be a successful way of working for both parties. While strengthening our distributor network in Europe and in Asia, we still see the importance of the American continent and the importance of the US market for us. The US reference from regulatory perspective or from major customer perspective plays a great importance to us and sharing our message further. During the year, we started to work together with new partners also in the US.
Our research and development team have made a lot of effort in taking advantage of the IoT in high end gas monitoring. We have focused on cloud based services and on developing Gasera’s pay-per-measurement business model. In addition to our own development projects, we have participated in several EU funded projects this year. The major achievement was a successful completion of the IRON project, which developed instrumentation for monitoring of toxic gases in cargo containers. The project gave good insights for our future development concerning instrument miniaturization and performance optimisation of multi-gas monitoring. In 2018 our research and development team will take major steps towards our long term goal of bringing high performance hand held multi-gas monitors to consumers.
Gasera wishes You a Merry Christmas
Pleasant moments, great discussions and fast development over the year made it possible for us to reach our goals in 2017. Our solutions ensure the safety and wellbeing for the public and help industries to improve their production efficiency. These in mind, we continue to build the Gasera story in 2018. Now it starts to be a time to relax for a while, to have some time at home with families and friends.
On behalf of the whole Gasera team, wishing You a Merry Christmas and a Happy and Prosperous New Year!
Dr. Ismo Kauppinen, CEO of Gasera Ltd.