Ainos, Inc. (NASDAQ: AIMD) announced a new dual‑platform strategy on January 2, 2026 that will position its AI Nose digital olfaction technology at the core of a “SmellTech” ecosystem while continuing to develop its VELDONA interferon‑based therapeutics.
The company will use the AI Nose to create a SmellTech‑as‑a‑Service model that targets industrial, robotics, and healthcare markets. The platform will digitize scent into a machine‑readable “Smell ID” format, enabling AI systems to learn from olfactory data. At the same time, Ainos will keep advancing VELDONA, a low‑dose oral interferon‑alpha designed to treat rare autoimmune and infectious diseases, as a complementary revenue stream.
The pivot reflects a strategic response to a rapidly growing electronic‑nose market, projected to reach $76.5 billion by 2032 and $130 billion by 2034. By moving beyond its biotech roots, Ainos aims to capture a share of this emerging space and create scalable, recurring revenue. Management believes that digitizing smell is the next major token for AI, citing the lack of a structured data language for olfaction as a unique opportunity.
Financially, Ainos reported operating losses and limited cash reserves in recent filings. For 2024, revenue fell 83 % to $20.7 million, and the company’s market capitalization was approximately $7.9 million as of January 2, 2026. The new strategy will require significant investment, and the company’s cash position underscores the need for disciplined cost management and strategic partnerships to accelerate commercialization.
Eddy Tsai, Chairman, President and CEO, said the company is “executing a disciplined, long‑term strategy to transform smell from a sensory signal into a structured data language that artificial intelligence systems can understand, learn from, and scale.” He added that the dual‑engine architecture—Ainos handling sensing hardware and data generation, and its subsidiary ScentAI developing the Smell Language Model—will enhance scalability and strategic flexibility. Tsai emphasized that the company is positioning for accelerated deployment and scalable revenue generation across industrial, robotics, and healthcare sectors, while continuing to pursue VELDONA’s clinical development.
The announcement signals a significant shift in Ainos’ business model, but the company’s financial constraints and the need for rapid data accumulation to train its Smell Language Model present execution risks. Investors will likely focus on how the company balances investment in the new platform with the ongoing development of its therapeutic pipeline and whether it can secure sufficient capital to sustain the transition.
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