The company's purpose is to conduct research and development work in the fields of sensor technology and electronics, in particular gas sensors based on optical spectroscopy, as well as the global exploitation of domestic and foreign intellectual property rights of all kinds, but especially those in the field of gas detection. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties.