| Notes |
June 12, 2019
https://smallcaps.com.au/xtek-skykraft-manufacture-spacecraft-launcher-systems/
Canberra-based homeland security company XTEK Limited (ASX: XTE) has entered into an agreement with Australian space services company Skykraft Pty Ltd to co-engineer and potentially manufacture a range of small spacecraft and launcher systems using its proprietary XTclave technology.
Under the agreement terms, the companies will work together to develop the hardware and identify opportunities for product supply to Skykraft from XTEK’s patented production facility.
Specifically, XTEK will develop advanced composite fibre-reinforced-plastic required for the spacecraft, and will manage design and processing technologies of components. |