Windar Photonics plc announced that the Company has entered into a new four year development project focused on developing a drone based emission detection system. The Development Project, which brings together five private companies and the Technical University of Denmark ("DTU"), has a total budget of Euro 2.2 million and is backed by a public grant of EUR 1.7 million from the Innovation Fund Denmark, under its Grand Solutions program. The aim of the Development Project is to develop a mobile, cost-efficient laser based gas sensor for remote sensing of important greenhouse gasses such as CO2 and CH4, and at a later stage, NH3 and H2O. The core detection technologies will be based around the current LiDAR technologies developed by Windar. The targeted business model will eventual be centered around the same business concept as Windar's Lidar-as-a-Service - LaaS, which was launched at the beginning of 2021 towards the wind turbine industry, whereby revenue is expected to be generated based on delivery of cloud based key environmental data reports.