Tuesday, January 31, 2017 7:23:06 PM
Lifeloc is partnering with several Colorado universities and national laboratories, which Knott declined to name, to create technology similar to what's used to detect explosives.
Toward this end, the state Office of Economic Development and International Trade awarded the company a $250,000 grant earlier in the year, which Lifeloc had to match with $500,000 of its own money. "This company was funded based on their competitive application," says OEDIT spokeswoman Katie Woslager via email. "They do want to commercialize their technology to potentially sell to Colorado law enforcement."
Knott figures it's going to take more than $750,000 to bring the product to market, but once there he hopes to sell the devices for around $3,000 to $4,000. (Current alcohol breathalyzers run between $500 and $2,000.) He expects to begin beta testing by the end of next year, he says, with a commercial version tentatively available in 2016.
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