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FREMONT, Calif. - Interlink Electronics, Inc. (NASDAQ:LINK), a technology company whose stock has surged over 130% in the past year according to InvestingPro data, has received a $175,000 Small Business Innovation Research (SBIR) Phase I grant from the U.S. Department of Agriculture (USDA), the company announced Tuesday.
The funding will support development of an AI-powered system for monitoring post-harvest food quality and safety, utilizing Interlink’s electrochemical gas sensing platform and data analytics capabilities.
The project aims to create technology that continuously assesses produce quality, detects spoilage risks, and enables interventions before food reaches consumers.
"This award underscores the innovation behind Interlink’s technology and our ability to deliver scalable, low-power, and cost-efficient sensors that generate the high-fidelity data AI systems require," said Dr. Sreeni Rao, Vice President of Product Management at Interlink Electronics.
Steven N. Bronson, Interlink’s Chairman and CEO, stated that the company is "expanding Interlink’s role as a foundational enabler of AI-driven applications" by integrating sensor technologies with artificial intelligence.
The Phase I project could potentially lead to Phase II funding and future commercialization opportunities, according to the company.
Interlink Electronics develops sensor technology and printed electronic solutions for various markets including medical, industrial, automotive, and IoT applications. The company operates from facilities in California, China, Scotland, and England.
The information in this article is based on a press release statement from Interlink Electronics.
In other recent news, Interlink Electronics has secured a $280,000 Phase 1 Small Business Innovation Research award from the National Institute of Environmental Health Sciences. This grant will support the development of an advanced air quality monitoring system that employs low-cost, AI-enabled gas sensing nodes for real-time pollution detection and forecasting. Additionally, Lake Street Capital Markets has initiated coverage on Interlink Electronics with a Buy rating. The firm has set a price target of $10.00, basing this on a price-to-sales multiple of 7x using its 2026 revenue estimate of $14.3 million. These recent developments highlight the company’s ongoing efforts in innovation and its potential for future growth as noted by analysts.
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