Brief: Acconeer And Alps Alpine Enter Into An MoU For A Joint Development Agreement

ALPS ALPINE

24/04/2020 09:04

April 24 (Reuters) - Alps Alpine Co Ltd  6770.T :
    * ACCONEER AND ALPS ALPINE HAVE ENTERED INTO AN MOU FOR A
JOINT
DEVELOPMENT AGREEMENT OF NEXT-GENERATION SENSING TECHNOLOGY
    * A LEGALLY BINDING FINAL AGREEMENT IS EXPECTED TO BE
ENTERED INTO
DURING 2020
    * SUBJECT TO SUCH AGREEMENT, PAYMENTS ARE EXPECTED TO
COMMENCE IN
2021 AND END IN 2023
    * PRODUCT IS PLANNED TO BE READY FOR PRODUCTION DURING 2023

Source text for Eikon:  ID:nBQN22h39G 
Further company coverage:  6770.T 

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