TT Electronics and iAbra launch ground-breaking AI driven Covid-19 test
Image courtesy TT Electronics
It was launched last week following successful trials at London Heathrow Airport last month. The Virolens Covid-19 screening device uses microscopic holographic imaging and artificial intelligence (AI) software technology to detect the presence of the Covid-19 virus from a non-intrusive saliva swab test within 20 seconds. The device does not need to be administered by healthcare professionals and is expected to be used in airports, offices, sports venues and many other locations where people need to be in close proximity to each other.
TT has been appointed exclusive manufacturing partner for the commercial launch of Virolens, which incorporates several TT proprietary products. Working in collaboration with iAbra and the global supply chain, TT has successfully taken the product from concept to production in just 14 weeks.
TT will manufacture Virolens at its Hartlepool, UK facility, part of its Power and Connectivity division, for this launch phase, creating a number of new jobs and opportunities for the site and the local economy. Initial orders for devices and testing cartridges which will be delivered to potential launch customers in September and October 2020 total a value of circa £2 million, and opportunity from expressions of interest could reach £280 million in the next 12 months.
This additional revenue is dependent on iAbra’s end customers converting their expressions of interest into firm orders and subject to Virolens meeting regulatory authority requirements. Delivery of these further orders could commence in Q4 2020 and would continue into 2021.
Richard Tyson, CEO of TT Electronics said: “I am proud that we are a core part of the team behind the ground-breaking Virolens programme. This project is evidence of the success of our strategy to position the business in higher technology, structural growth markets, using our engineering expertise to develop products in collaboration with our customers.
"Virolens has the potential to be a major step forward in dealing with the impact of the Covid-19 pandemic, by allowing safer access to places of work, transport and events. TT’s leading-edge products and flexible manufacturing capabilities provide significant support to critical aspects of the Virolens device.
This programme also has the potential to deliver a step change in TT’s organic growth and to accelerate the achievement of our target operating margins. Assuming the launch is successful, there are significant opportunities around the world for further orders.”
