Microtech2010 2010

Blackrock Sensors

Location:UT, US
Speaker:Jeff Chance
Primary Industry:Sensors & Microsystems
Executive Summary:Blackrock Sensors targets the commercialization of proprietary hydrogel-based implantable metabolic sensor systems for the biomed research & process control markets. Based on product readiness and market opportunity the company proposes an initial focus on continuous-monitor glucose sensor systems for the biomedical research market (wireless sensor systems for laboratory animal research). Additional product opportunities include pH, pCO2, and ionic strength measurement. Blackrock has also identified opportunity for product sales in the process control industry. The target markets, biomedical research and process control, have total annual sensor system revenues of at least $1.2 billion. The serviceable market for Blackrock Sensor systems is estimated between $50 million and $100 million. Target customers for biomed applications include university, govt. research labs, commercial labs, pharma R&D, military and others. Process customers include Siemens, Endress+Hauser, Jumo, Hach and others. Blackrock Sensors is considered a spin-out of the University of Utah. The team has a proven background in sensor sales to the target industries. Florian Solzbacher and Marcus Gerhardt are owners of Blackrock Microsystems, an established sensor implant company serving the biomed research market. Dr. Solzbacher founded and sold First Sensor Technologies to Siemens AG. Jeff Chance is co-founder of Microstaq, an Austin, TX, MEMS-based controls company.
Venture is:A-Round

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