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DVL — Dorsavi News Story

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Australia's dorsaVi rises after robotics licensing deal

BUZZ-Australia's dorsaVi rises after robotics licensing deal

** Shares of dorsaVi DVL.AX rise as much as 37.9% to A$0.04, their highest level since June 2

** The motion analysis device maker enters agreement to license two significant robotics intellectual property assets

from Nanyang Technological University Singapore

** Agreement expands co's strategy beyond wearable sensing into collaborative robotics, rehabilitation exoskeletons, and autonomous industrial systems, adds co

** About 9.3 million shares change hands, 2.3x 30-day average

** Stock up 21.9% this year, including the day's move


(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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