USBC Completes Legacy Sensor Divestiture

USBC, Inc. completed the divestiture of its legacy sensor technology business effective March 27, 2026. The transaction was completed under an agreement between USBC and a newly formed entity controlled by USBC’s former Chairman and CEO, Ron Erickson.

USBC retained an ongoing economic interest in the non-invasive sensor technology through a revenue-sharing arrangement tied to future commercialization. USBC also agreed to provide a short-term bridge loan facility of up to $450,000 to support near-term liquidity needs of the newly formed entity.