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Flexpoint Sensor Systems, Inc. (OTC PINK:FLXT) has made significant strides in the advancement of its patented Bend Sensor technology for automotive applications. The company is actively negotiating agreements with major automobile manufacturers to integrate its Occupant Classification System (OCS) into vehicles, enhancing safety by determining front passenger seat occupancy. Flexpoint anticipates increased demand for this technology, particularly with the rise of autonomous vehicles. Collaborative agreements with a leading microelectronics manufacturer are in the works to bolster production capabilities.
Flexpoint Sensor Systems (OTC PINK: FLXT) announces a resurgence in interest across various sectors following impacts from the Covid-19 crisis. President Clark Mower highlighted increased orders from both new and existing customers, particularly in automotive, medical, VR/AR/MR, and robotics markets. Key developments include partnerships with North American and foreign auto manufacturers, increased sensor orders from medical glove manufacturers, and ongoing fulfillment of a record order from MANUS VR. Expansion is also noted in battery safety measures and custom pressure sensors.