Novocomms Limited Information

· Novocomms is a company with an expanding and valuable market opportunity and a solid and innovative heritage. Novocomms Limited is founded by Dr Sampson Hu and Dr Colin Tucker in early 2019. · Novocomms is a company with an expanding and valuable market opportunity and a solid and innovative heritage. · The market is that of the antenna a device which will be essential in the rapidly developing connected world. Within a few years virtually every product a person owns will connect wirelessly and hence require an antenna. The market not only grows in numbers but the demands placed on the antenna will continue to increase as new higher frequencies and physical factors such as size and materials make high performance antennas more difficult to design. The antenna and its associated circuitry will inevitably become more complex and hence command a higher price and margin. Antennas are required for all types of devices ranging from smart watches through mobile phones to autonomous vehicles. Taking autonomous vehicles as an example the future vehicles will require a set of antennas which can handle frequencies for entertainment and communication from a few hundred megahertz right through to the millimetres wavelength sensors for collision detection and road condition monitoring. Currently a set of antennas and associated circuitry for a mid range vehicle costs several 10s of $US whereas the future set will cost several 100 $US. This market alone is enormous and one in which NVC has the technology to succeed.