AnteoTech signs Non-Binding MOU with Wyon

AnteoTech Ltd (ASX: ADO) announced that its wholly-owned subsidiary Anteo Energy had signed a Non-Binding Memorandum of Understanding (MOU) with Swiss-based Wyon AG (Wyon) to drive leadership in the development and production of customised, rechargeable miniature and micro-batteries, specifically for the MedTech market.

According to the terms of the MOU, AnteoTech, and Wyon will build a joint roadmap with agreed-upon goals to enhance the immediate performance of Wyon's existing battery line. Both parties will cooperate in validating the agreed-upon objective specification, which will be a prerequisite for progressing the cooperation inside and beyond the MoU toward a commercial agreement.

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