Nanoveu receives initial payments from Rahum Nanotech for EyeFly3D distribution in South Korea

Aug 19, 2024

Nanoveu Limited (ASX: NVU), a company specializing in innovative films and coatings, has received initial payments totaling AU$204,251) from South Korean company Rahum Nanotech Co. Ltd to begin producing 3D films for iPhone 13, 14, and 15 models. This marks a significant milestone in their distribution agreement, which aims to reach a minimum sales target of AU$29,733,193) by the end of 2026. The partnership also includes plans to integrate Nanoveu's AI Monocular Depth algorithm into Rahum's next-generation apps, showcasing the strong collaboration and growth potential in the South Korean market.

 

 

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