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Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

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Share Price: 8.15
Bid: 7.80
Ask: 8.50
Change: 0.00 (0.00%)
Spread: 0.70 (8.974%)
Open: 8.15
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Low: 8.15
Prev. Close: 8.15
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Tekcapital Investee Salarius Files Additional Patent for MicroSalt

Mon, 12th Aug 2019 12:17

(Alliance News) - Intellectual property investment company Tekcapital PLC said Monday its investee Salarius Ltd has filed an additional patent application for MicroSalt.

The new patent is title "improved low sodium salt composition".

"MicroSalt is a proprietary salt made with micron-size salt particles that dissolve in the mouth significantly faster than regular salt, delivering an increased sensation of saltiness with much less salt, and as a result approximately 50% less sodium," the company explained.

Tekcapital said MicoroSalt is also capable of improving the adhesion of salt to food during shipping and display.

The company continued: "Snack food manufacturers have continued to face major problems with inconsistent flavour and product waste, possibly losing loyal customers over time and increased manufacturing costs, from having to add more salt to each package to over-compensate for settling. By the time consumers purchase and actually open bags of salty snack foods, often inconsistent salt flavour occurs due to poor salt adhesion, with the wasted salt ending up at the bottom of the bag."

Tekcapital Executive Chair Clifford Gross added: "We are delighted with Salarius' continued progress to enhance its intellectual property. MicroSalt has the potential to empower companies and consumers worldwide to enjoy full-flavour snacks with reduced sodium."

Tekcapital owns 97.5% of Salarius.

Shares in Tekcapital were 3.7% higher in London on Monday at 7.00 pence each.

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20 Jun 2023 15:19

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IN BRIEF: Tekcapital investee lands smart eyewear deal for Reebok

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16 Jun 2023 12:12

Tekcapital investee Guident awarded Space Florida grant

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its subsidiary Guident had been awarded funding from Space Florida, as part of the Florida-Israel Innovation Partnership programme.

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16 Jun 2023 10:39

IN BRIEF: Tekcapital investee Guident receives Space Florida funding

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14 Jun 2023 09:14

IN BRIEF: Tekcapital investee Guident awarded AI software patent

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd has received notice of allowance from the US patent and trademark office for "Systems and Methods for Remote Monitoring of a Vehicle, Robot or Drone" patent application. Patent teaches architecture and methods for near real-time monitoring and controlling autonomous vehicles and delivery devices fleets. Teleoperation architecture includes in-vehicle device which predicts, detects and reports incidents to a remote monitor and control centre which can provide support such as calling emergency services or commandeering a vehicle to move it somewhere safe. Human-in-the-loop supervises AI software to enhance safety of AVs, robots and drones.

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Tekcapital raises GBP2.0 million to develop portfolio companies

(Alliance News) - Tekcapital PLC on Monday said it has raised GBP2.0 million in an oversubscribed placing of 13.3 million new shares at a price of 15 pence per share.

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Tekcapital investee launching ChatGPT-capable smart eyewear

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that Innovative Eyewear would be holding an eyewear fashion show on 20 April in Miami.

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Tekcapital hails ChatGPT-focused eyewear patent filing by investee

(Alliance News) - Tekcapital PLC on Wednesday noted that Innovative Eyewear Inc, in which it holds a 67% stake, filed a patent for a ChatGPT enabled smart eyewear, an AI system supported by Microsoft Corp.

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22 Mar 2023 12:07

Tekcapital provides Microsalt update, e-commerce sales "encouraging"

(Alliance News) - Tekcapital PLC on Wednesday provided an operational update on its portfolio company Microsalt Ltd, a low-sodium salt manufacturer, noting first e-commerce sales of Microsalt shakers as "encouraging".

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(Sharecast News) - Intellectual property investor Tekcapital reported significant progress for its wholly-owned portfolio company Guident on Friday.

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