PMGC Holdings' (ELAB) NorthStrive Defense Tech subsidiary signed a project services agreement with Deploy360 for an independent validation and testing of the GPS-denied autonomous navigation technology under option by NorthStrive, according to a Monday statement.
No financial details were disclosed.
The deal is intended to provide NorthStrive an independent assessment of the patented technology as it evaluates a potential definitive license agreement, the company said.
The project is expected to start Aug. 3, with a final validation report expected around Oct. 12, NorthStrive added.
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