MUNICH, GERMANY – EQS Newswire – December 15, 2023 – WANDWALL PLC, a subsidiary of SEMODU AG, today announced that the comprehensive global patent application for a large number of countries was published on November 30.
The patent application was published via the World Intellectual Property Organization (WIPO). In addition to team members from WANDWALL PLC and SEMODU AG, experts and scientists from PATEV Associates GmbH & Co. KG were also involved. To date, WANDWALL PLC has invested over three million euros in the development of completely new technologies. Legal support is provided by MFG Patentanwälte Meyer Wildhagen Meggle Freund Gerhard PartG mbB.
WANDWALL PLC develops partially AI-based systems for the home of the future. The applications are expected to enable IOT components and smart home technologies to be combined in the future into a standardized building operating system for buildings based on modular design. However, the core of the development is revolutionary and revolutionary:
The focus is on the user of the respective room, who can create a completely new feeling of space with the help of newly designed hardware equipment supplemented by user-friendly software systems. The technology is flanked by AI elements that allow the user to use the rooms for different purposes or transport their user profile across rooms and building boundaries around the world using smart contracts.
According to preliminary estimates, the market potential for this product amounts to several billion dollars by 2030.
In the next stage of development, which involves the integration of hardware components into industrially manufactured building modules, a global electronics market leader will be involved with immediate effect.
SEMODU AG holds a 48 percent stake in WANDWALL PLC.
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