Brief: Ngenic's Unit Granted Development Funds for SEK 3.3 Mln
13/01/2022 09:39
Jan 13 (Reuters) - Ngenic AB (publ) NGENIC.ST :
* AIRPATROL, A FULLY OWNED SUBSIDIARY OF NGENIC AB (PUBL)
HAS BEEN
GRANTED DEVELOPMENT FUNDS FOR 329K€ / 3,3M SEK
* ESTONIAN GOVERNMENTAL AGENCY THAT SUPPORTS BUSINESS MODEL
DEVELOPMENT AND INNOVATION ACCELERATION - HAS APPROVED GRANTS
FOR A DEVELOPMENT PROJECT FOR AIRPATROL OU - A FULLY OWNED
SUBSIDIARY OF NGENIC AB (PUBL)
* DURING 18-MONTHS PROJECT, DUE IN Q3/2023, COMPANIES WILL
UNDERGO
A HIGHER AND DEEPER LEVEL OF PRODUCT DEVELOPMENT IN ORDER TO
UPDATE BOTH HARDWARE AND SOFTWARE SOLUTIONS.
Source text for Eikon: ID:nMFN1g9kF2
Further company coverage: NGENIC.ST
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