A Nigerian, Agabi Oshiorenoya who developed an explosive detecting device in 2017 is currently worth $200 million within the space of four years.
Oshiorenoya after developing the device called Koniku that could be able to smell explosives, immediately got a $10 million cheque from an American military organization.
The Theoretical Physics graduate of the University of Lagos recently secured a deal from the aeroplane manufacturer, Air Bus, to supply a device that can smell explosives in a plane.
Reports had it that since then he’s raised $6 million in venture financing, in addition to the $17.5 million in revenue from contracts received since the device was found in 2017.
Private oil companies like Exxon Mobil, sanitary kits giants like Procter and Gamble, global chemical manufacturer such as BASF have all awarded multi billion Naira contracts to him , with a projection to accrue $200 million in the next four years.
Oshiorenoya bagged his Master’s and Doctorate Degrees in related fields from European institutions.