Spectaire Announces Shipment of First Commercial Units and Manufacturing Partnership With Columbia Tech

Manufacturing of Spectaire’s AireCore Outsourced to Columbia Tech, a Subsidiary of the Coghlin Companies

WATERTOWN, Mass., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire” or the “Company”), a provider of innovative air quality monitoring and emissions reduction services, announced that it has shipped its first commercial units from manufacturing partner, Columbia Tech, a subsidiary of Coghlin Companies.

The outsourcing of manufacturing to Coghlin Companies significantly reduces the ramp-up time and capital requirements to initiate the scaled production of AireCore, Spectaire’s patented micro-mass-spectrometer. Aligning with an experienced commercialization partner allows Spectaire to focus on delivering units to its customers at scale without investing in the significant overhead of additional facilities, machinery, staff, and other complex infrastructure required to vertically integrate manufacturing. Ahead of the imminent start of the series production and subsequent delivery to customers, Coghlin Companies has already manufactured 40 units for Spectaire and shipped the first units to its customers.

“Working with Coghlin Companies in the mass production of AireCore completes a significant personal milestone in the journey of inventing portable and accessible mass spectrometry,” said Dr. Brian Hemond PhD, Chief Technology Officer of Spectaire. “This relationship ensures my team and I are able to focus completely on innovating the future of Spectaire.”

“Spectaire is experiencing demand for our technology which has outpaced our internal production capability,” said Brian Semkiw, CEO of Spectaire. “Working together with Coghlin Companies provides a pathway to producing tens of thousands of instruments to meet the needs of our transportation and energy markets while our scientists innovate to expand the use of our product in other industries.”

“We are thrilled to have been selected as Spectaire’s trusted commercialization partner,” said Chris Coghlin, President and CEO of Coghlin Companies. “We are dedicated to providing world-class Time-to-Market services to the most innovative companies in the world and look forward to becoming a true extension of the Spectaire team, helping them deliver the highest quality products to market.”

For more information, please visit the Company’s investor relations website at ir.spectaire.com.

About Spectaire

Spectaire (Nasdaq: SPEC) is a provider of air quality monitoring and emissions reduction services. Spectaire is dedicated to delivering effective solutions that help businesses worldwide reduce their carbon footprint, with a focus on creating high-quality, traceable carbon credits.