PARKD Ltd entered into a MoU with Fielders

Nov 25, 2022

PARKD Ltd (ASX:PKD) announced that it has entered into a Memorandum of Understanding with Fielders to work mutually on research projects for an early period of 12 months to develop and commercialise new systems for building precast car parks and commercial structures.

Both companies have entered into the agreement after recognizing the exciting potential for their respective Intellectual Property technologies to offer the Australian construction market a system of building that could be “flat packed” and installed on projects without the need for specialised labour or subcontractors. The binding agreement promises the respective companies to support the R&D activity and work solely together on outcomes or the works.

 

 

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