Apollo Micro Systems has informed that on 17th day of January, 2019 the company has entered into an Agreement with P2M Aviation Sagl (P2M) a company incorporated under the laws of Switzerland. Under this agreement both companies shall market and promote Speed Canard Aircraft (Aircraft) across the world. Subsequently, AMS & P2M shall enter into Definitive Agreement pursuant to which P2M shall transfer Technology to AMS enabling AMS to commence manufacture of Aircraft.
The above information is a part of company’s filings submitted to BSE.
