Simble Solutions (ASX:SIS) announced a strategic acquisition of Next Nano, granting the company exclusive rights to a patented nanomaterial-based sensor technology developed at Macquarie University.
The three-dimensional zinc oxide nanosensor platform enables high-sensitivity environmental and optical sensing, with applications spanning industrial safety, healthcare, robotics, defence, and consumer electronics.
The move aligns with Simble's strategy to expand its SimbleSense IoT platform and CarbonView sustainability analytics, adding in-house hardware capabilities and reducing reliance on third-party devices, which currently account for approximately 65% of SimbleSense's cost of sales.
The acquisition also opens opportunities to integrate workplace safety, UV, and air-quality monitoring into existing deployments.
Simble plans to leverage the nanosensor technology to develop next-generation devices, including e-skin wearables, prosthetics, and nanorobotic systems, providing precise touch, pressure, and temperature sensing.
The technology's miniaturised, low-power design allows seamless integration into industrial and consumer IoT devices, supporting real-time environmental and operational data collection.
To support the acquisition, Simble has secured a $2.5 million placement through the issue of 500 million shares at $0.005 per share, subject to shareholder approval.
Completion of the transaction is expected in Q1 2026, with the company acquiring a 20-year exclusive licence to commercialise the technology.
CEO Fadi Geha said the acquisition represents a key step in Simble's evolution from energy and carbon management to a broader sensor-enabled IoT platform, offering expanded workplace safety, ESG reporting, and high-value industrial and consumer applications.