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Ynvisible Interactive Inc. a fast-growing firm in the Internet of Things (IoT) market, announced that it is beginning commercial production and supply of its electrochromic displays for STEM learning leader Circuit Scribe. As a result of Ynvisible and Electroninks partnership (announced in 2019), Electroninks’ new STEM learning kit will go on sale in the United States, Canada and the United Kingdom for Holiday 2021.
In 2013 Electroninks launched Circuit Scribe, a line of educational kits designed to help children learn about electronics. Circuit Scribe STEM kits are based around using a conductive ink pen to draw electrical connections between electronic components. The Circuit Scribe brand is now a well-known name in STEM education, Maker Faires, for project based learning and educational toys and in schools and households worldwide.
Circuit Scribe began with an idea, the idea that we could make stem learning fun and accessible to all. Now partnered with Ynvisible we look forward to taking our product to the next level by encouraging students, teachers and all individuals to expand their interest in transformational electrochromic technology” - Dr. Brett Walker CEO/Co-Founder.
"Together with Electroninks, we are fulfilling our commitment of bringing electrochromic technology to a wide audience. We are starting with grade-school learners, their parents, and teachers," begins Michael Robinson, CEO of Ynvisible Interactive.
"Ynvisible's ultra-low-power and durable displays enable new product innovation and experiences within our 'Smart Play' customer vertical. Integration of our displays into learning tools, games, and toys makes for fun technology learning for students, provides practical educational modules for teachers, and kickstarts new product ideation for our customers."
The revenue of the global Science, Technology, Engineering & Mathematics (STEM) toys market is expected to grow by USD 964.09 million during 2021-2025. The growth in educational robots, coding, and smart toys is expected to drive the market's growth momentum will accelerate at a CAGR of 4.65%. (Techanvio, 2021)
Designer Color Displays Support Growth
According to two independent market study reports, the monochrome display market was 110 million USD in 2019, less than 1% of the total display market, including color displays.
Ynvisible has developed new Color displays containing displays in different colors in playful colors and shapes. Customers can purchase a Designer kit to explore new options available.
"Electrochromic displays have not been seen in the consumer space until Ynvisible. Our Designer displays support our customers' brand experiences and innovation roadmaps," comments Petteri Stromberg, Head of Category Sales at Ynvisible Interactive.