Lantha Sensors Taps Rocky Point Ventures

as New Strategic Investor


Reg Hargrove to join the board of directors for strategic operational support


AUSTIN, TX - April 20, 2021


–   Lantha Sensors, the leading portable chemical analysis solutions provider for the chemical detection and measurement process, today announced that Rocky Point Ventures is joining the existing Series A round as a supplementary, strategic investor. Reg Hargrove, managing partner of Rocky Point Ventures, is also joining the board of directors where he will provide strategic direction to drive scaling activities and maximize Lantha Sensor’s long-term growth.

 

The investment amount is undisclosed. The funds will be used for facilities expansion to rapidly increase manufacturing capability, broaden product range into new industry categories and add new strategic hires focused on market share acquisition. The investment is perfectly timed as Lantha Sensors is currently in product demo with multiple organizations and preparing for full general availability launch.

 

“To say we’re excited about the future of Lantha Sensors is an understatement,” said Reg Hargrove. “It’s not very often that we find a company with the potential to disrupt an entire industry.”

 

Leading Rocky Point Ventures is Wally Loewenbaum, who was the chairperson of Luminex for more than 25 years. He brings an incredibly beneficial depth of knowledge from a proven track record of serving as chairman for public and private companies and building stockholder value for companies across different industries, at different phases of organizational development.

 

“We have platforms in demo with multiple organizations right now and the feedback thus far has been incredibly positive,” stated Rob Toker, Lantha Sensors’ chairman and chief executive officer. “The right investment, at the right time, with the right partners like Rocky Point Ventures, means we have the capability and connections to move forward strategically – to grow smart. Rocky Point Ventures is an incredible asset to Lantha. Reg Hargrove is an important and central leader at Rocky Point Ventures and Lantha is thrilled to welcome Reg into our arsenal of tools deployed to penetrate the markets Lantha Sensors is disrupting."

 

Reg Hargrove joined Rocky Point Ventures in 2012 and formerly served as Treasurer for the Board of Trustees at Good Shepherd Episcopal School in Austin. In addition to Lantha Sensors, he sits on the Board of Directors of Greenwood Fabricating and Plating, LLC and New Ravenna Mosaics, LLC. He obtained his undergraduate degree from the University of Texas at Austin and his J.D. from Southern Methodist University’s Dedman School of Law. Previously, he worked as an Assistant Attorney General in the General Counsel Division of the Texas Attorney General’s Office and as a law clerk for Senior US District Judge Donald E Walter. 


First-ever industry survey to gauge confidence and perceived usability of Karl Fischer titrators shows waning support for the aging solution


AUSTIN, TX - January 12, 2021


The Karl Fischer Confidence Index, a measure of overall confidence among U.S. and Canadian lab workers for Karl Fischer titrators (KFT), debuted with a dramatic 82 percent of respondents saying they are likely to adopt new solutions over Karl Fischer titration, according to a recent online survey conducted by PRIME|PR on behalf of Lantha Sensors. Among the top reasons for growing discontent with the 85-year-old technology is the cost and toxicity involved with KFT tests.
 
The inaugural survey showed that while the vast number of lab workers polled, 67 percent, were very confident in the technology, many of them were still eagerly looking for a new and better solution that solved the inherent problems with the tests. Interestingly, the number of lab professionals that saw benefit in being able to perform tests largely associated with Karl Fischer titration, such as moisture detection and fuel integrity analysis, believe they would get significant benefit from being able to perform these tests in the field – something not possible with the current KFT equipment.
 
 Top Results from the 1H 2021 Karl Fischer Confidence Index:
 
• 67 percent of respondents stated they were very confident in Karl Fischer titration as a technology.
• While confident in Karl Fischer titration, lab professionals also demonstrated a significant desire to find a newer technology, with 82 percent stating they were likely to abandon Karl Fischer titration for a different alternative.
• More than half (51 percent) of respondents stated that the extreme cost of the Karl Fischer titration equipment and tests were the main reason for seeking a different technology. The inability to find trained staff to perform the tests, resulting in inaccurate results, was second, with 22 percent.
• 67 percent surveyed stated they would find benefit in being able to perform field test typically associated with Karl Fischer titration. Currently, only 11 percent of respondents stated they often used Karl Fischer titration in the field.
 
“Companies and labs are under pressure to both reduce budget and increase production,” said Rob Toker, Lantha Sensors’ chairman and chief executive officer. “Advancements in technology have long been one of the only ways to reach those diametrically opposing goals. Karl Fischer titration is based on an 85-year-old method that hasn’t had any real advancement in that entire time. The results are clear – people want something that is cheaper, easier to use and safer for the environment and users.”
 
Survey Methodology
This survey was conducted online within the United States and Canada by PRIME|PR on behalf of Lantha Sensors from August 8-November 31, 2020, among 45 weighted responses from lab environments. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated.
 

Media Contacts:
Nicolia Wiles
PRIME|PR                                 
O: 512.477.7373      
M: 512.698.7373
nwiles@prime-techpr.com       


LANTHA SENSORS EXPANDS CORE TEAM WITH GROWTH OPPORTUNITIES BOOMING
Innovative portable chemical analysis platform set to change entire industry and revolutionize analysis procedures

AUSTIN, TX – July 21, 2020 – Lantha Sensors, the primary portable chemical analysis solutions provider, today announced the expansion of the core leadership team with three new hires in the technology development and software/systems integration divisions. The new team will be focused on bringing new products and services to market and ultimately increasing market share through greater market scope.

This announcement highlights the strong momentum Lantha Sensors has sustained since launching the first product and application line just three months ago at Pittcon 2020. The new team and capabilities are set to expand growth and look to enter into new, previously untargeted markets. The company’s overall goal is to completely revolutionize the chemical analysis industry and provide both lab and field techs with a unique competitive advantage that provides the fastest, easiest, lowest cost and safest means of detecting of a wide range of trace level contaminants.

Assisting Dr. Sam Dunning, VP of technology development, will be two new hires – Dr. Dong Sub Kim as director of technology development and Dr. Talitha VanWie as associate director of technology development. Dr. Kim comes from Corning and Calient Technologies as a highly skilled MEMS process engineer and brings more than a decade of experience in chemical synthesis and analysis of small organic and polymeric materials and extensive experience in crystallization experiments. At Lantha Sensors, he will be directly responsible for strategic and tactical product development. Dr. Talitha VanWie comes from Vanderbilt University as a graduate research and teaching assistant where she developed and applied new post-synthesis ligand treatment of white-light emitting quantum dots to increase quantum yield to highest reported value. Dr. VanWie will assist Dr. Kim and Dr. Dunning in supporting customer driven objectives and leading R&D initiatives.

Also joining the organization as VP of Software & Systems Integration is Sam Chill who brings more than nine years of experience in high performance numerical simulation code. At Lantha, Chill will be supporting software development and ensuring all components of Lantha’s simplified analysis are seamlessly integrated.

“Innovation in the chemical analysis industry has been stagnant for decades, plagued with unnecessarily expensive equipment, tools that require months to learn for proper use, inability to use in field settings and toxic byproducts. From Karl Fisher Titrators to NMR labs the problems have remained the same for far too long," stated Rob Toker, Lantha Sensors’ chief executive officer. “Our growing team has one singular goal – to fix these problems through constant innovation and make proper chemical analysis available anytime, to anywhere, anywhere.”

For more information on the most advanced portable chemical analysis platform available, or more information on where to purchase Lantha Sensors solutions and service details, visit https://www.lanthasensors.com/

About Lantha Sensors
Lantha Sensors is an Austin, Texas-based portable chemical analysis solutions provider combining unparalleled simplicity, speed and accuracy to provide the best possible solutions for the chemical detection and measurement process. The company has offices in Austin and Manor for separate marketing and research operations.




Lantha Sensors Simplifies Chemical Analysis with Industry Changing New Platform Saving Users Millions 

The new platform is primed to disrupt the $1.4B moisture analysis industry and drastically reduce the need for Karl Fischer Titrators by 2021

Austin, TX – March 18, 2020 – Lantha Sensors, the primary portable chemical analysis solutions provider, today announced the launch of their flagship products, the LanthaLux data analysis reader as well as LanthaISO and LanthaH2O Application Suites. Combined, these platforms enable unparalleled simplicity, speed and accuracy to provide the best possible solutions for chemical detection and measurement processes.

The new LanthaLux is the hardware side of the platform that uses a proprietary application of metal organic frameworks, with the ability to generate a large analytical response from a small amount of sample, to quickly, easily and accurately provide on-the-fly moisture and isotopic purity analysis. This platform displaces the need for expensive Karl Fischer Titrators and nuclear magnetic resonance (NMR) in specific cases, by securing the same results as these techniques, but costing only $10-50 per test, producing zero toxic waste, allowing these analyses to be done in the lab or field setting, and generating results in less than five minutes. LanthaLux is literally a lab in your pocket.

LANTHALUX APPLICATIONS:
Lantha Sensors can replace the following technologies for specific chemical analysis needs:
 
• Nuclear Magnetic Resonance
• Mass Spectrometry
• Infrared Spectroscopy
• X-ray Fluorescence
• Karl Fischer Titration

“Our patented and proprietary platform is truly revolutionary as this type if technology has never been available before,” stated Rob Toker, Lantha Sensors’ chairman and chief executive officer. “Basically, our system is a super simple and field-deployable solution that can be used by anyone in a lab, manufacturing or field setting, eliminating the need for highly trained staff. Just as the digital camera replaced the photo lab, our platform will replace much of the legacy, outdated equipment needed today for chemical analysis.”

PRICING:
• Pricing is based on number of units purchased and software modules needed by application. 
• Pre-order discount of $2,500 per device with LanthaISO software module
• Regular pricing starting May 2020 will be between $3,000-$5,000 per device
• Test strips for isotopic purity and moisture detection will be available as low as $500.00 for a vial of 50.

For more information on where to purchase Lantha Sensors solutions and service details, visit https://www.lanthasensors.com/

About Lantha Sensors
Lantha Sensors is an Austin, Texas-based portable chemical analysis solutions provider combining unparalleled simplicity, speed and accuracy to provide the best possible solutions for the chemical detection and measurement process. The company has offices in Austin and Manor for separate marketing and research operations.
Media Contacts:
Nicolia Wiles
PRIME|PR                                 
O: 512.477.7373      
M: 512.698.7373
nwiles@prime-techpr.com       


Lantha Sensors Launches Most Cost-Effective Platform for Chemical Analysis and Isotopic Purity Determination 

The new platform is comprised of the most advanced handheld data analysis reader and a full suite of test strips designed for highly accurate detection of target chemicals

PITTCON, Chicago and Austin, TX – March 3, 2020 – Lantha Sensors, the primary portable chemical analysis solutions provider, today announced the launch of their flagship products, the LanthaLUX data analysis reader and LanthaISO Application Suite. Combined, the platform enables unparalleled simplicity, speed and accuracy to provide the best possible solutions for the chemical detection and measurement process – period. The platform is available for demonstrations and preview at PITTCON booth #4614 at the McCormick Place in Chicago, Illinois from March 3-5, 2020.



The new LanthaLux is a highly portable, handheld data analysis reader with highly accurate, proprietary software that enables the most cost-effective and fast (within five minutes or less) on-the-fly analysis. Coupled with Lantha Sensors’ test strips, the LanthaLux device provides portability and ease of use for a broad range of chemical assays. LanthaLux performs accurate data analysis, eliminating any guesswork from analytical assessments and it increases accessibility to reliable testing methods. LanthaLux is literally a lab in your pocket.

LANTHALUX APPLICATIONS:
Lantha Sensors can replace the following technologies for specific chemical analysis needs:
 
• Nuclear Magnetic Resonance
• Mass Spectrometry
• Infrared Spectroscopy
• Karl Fischer Titration
• X-ray Fluorescence

“We combine a true passion for simplifying the complex, and we strive to be the leading portable chemical analysis company that merges unparalleled simplicity, speed and accuracy to provide the best possible solutions for chemical detection and measurement processes,” stated Rob Toker, Lantha Sensors’ chairman and chief executive officer. “Basically our system is a super simple and field-deployable solution that can be used by anyone in a lab, manufacturing or field setting, eliminating the need for highly trained staff.”

If the LanthaLux is the brains of the Lantha platform, the LanthaISO Application Suite is the workhorse. The suite allows the user to achieve accurate and fast resolution of stable isotopes in small molecular precursors, intermediates and products. Our goal is to simplify chemical analyses that were considered to be challenging analytical assessments in the past.

The LanthaISO Application Suite currently has the LanthaHD test strips available, with LanthaB, LanthaC, LanthaN, and LanthaF coming to market soon. The LanthaHD test strips are designed for accurate detection and quantification of H- vs. D- containing species, at a fraction of the cost of standard analytical techniques such as Nuclear Magnetic Resonance (NMR.) Lantha HD eliminates the high capital and operating costs associated with NMR, while being as accurate and reliable as NMR results – the below graph demonstrates that proof point. 

(Graph 1: demonstrates that LanthaHD tests are as accurate and reliable as NMW tests)

The new LanthaLux data analysis reader with software will be available for special PittCon discounts and pre-order discounts until general availability of the device starting May 2020. Pricing is based on number of units purchased and software modules needed by application. 
PRICING:
• PittCon special discount order of $2000 per device with LanthaISO software module
• Following PittCon, pre-order discount of $2,500 per device with LanthaISO software module
• Regular pricing starting May 2020 will be between $3,000-$5,000 per device
• The LanthaHD test strips will be available as low as $500.00 for a vial of 50.

For more information on where to purchase Lantha Sensors solutions and service details, visit https://www.lanthasensors.com/


About Lantha Sensors
Lantha Sensors is an Austin, Texas-based portable chemical analysis solutions provider combining unparalleled simplicity, speed and accuracy to provide the best possible solutions for the chemical detection and measurement process. The company has offices in Austin and Manor for separate marketing and research operations.

Lantha Sensors Appoints Judy Bollinger to Board of Directors as Company Set for First Product Launches
NEWS PROVIDED BY
PRIME|PR
February 11, 2020, 14:30 GMT

    
Leading portable chemical analysis solutions provider rounds out leadership team and prepares for launch of revolutionary products

AUSTIN, TX, UNITED STATES, February 11, 2020 /EINPresswire.com/ -- Lantha Sensors, the primary portable chemical analysis solutions provider combining unparalleled simplicity, speed and accuracy to provide the best possible solutions for the chemical detection and measurement process, today announced that Judy Bollinger will be joining the Board of Directors. Mrs. Bollinger is co-founder of Judico Capital Pte. Limited, a Singapore-based fund that invests in Pan-Asian listed equities, and will be providing guidance and helping Lantha shape their business strategy.

Mrs. Bollinger is a key asset for Lantha in budget auditing, financial analysis, international markets, and competitive analysis. She has more than 35 years of experience in the financial services business in the US, Europe and Asia. Her early career focused on equity research and she was a top-ranked analyst for Goldman Sachs in New York.

“We are set for explosive growth in 2020 and will be launching multiple new products in Q1 and Q2. Having the skill set that Judy Bollinger brings to our company via the board of directors will be key to our immediate and long-term success,” stated Rob Toker, Lantha Sensors’ chairman and chief executive officer. “The ability to grow quickly is far better when you have the people that also help you grow right.”

For more information on where to purchase Lantha Sensors solutions and service details, visit https://www.lanthasensors.com/

About Lantha Sensors
Lantha Sensors is an Austin, Texas-based portable chemical analysis solutions provider combining unparalleled simplicity, speed and accuracy to provide the best possible solutions for the chemical detection and measurement process. The company has offices in Austin and Manor for separate marketing and research operations.
Nicolia Wiles
Prime TechPR, LLC
+1 5126987373

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