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BRIEF-Micro-X Signs Contracts With Thales Group

Published 01/04/2019, 09:53 am
Updated 01/04/2019, 10:00 am
© Reuters.  BRIEF-Micro-X Signs Contracts With Thales Group
MX1
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April 1 (Reuters) - Micro-X Ltd MX1.AX :

* SIGNED CONTRACTS WITH THALES GROUP

* CO AND THALES WILL COLLABORATE ON GLOBAL SALES AND SUPPORT OF MICRO-X'S COUNTER-TERRORISM MOBILE BACKSCATTER IMAGER

* TO ASSIST MICRO-X TO FINANCE DEVELOPMENT COSTS OF THE PRODUCTS THALES WILL SUBSCRIBE FOR A 6-YEAR A$10M CONVERTIBLE BOND

* MICRO-X AND THALES WILL JOIN FORCES ON DESIGN AND MANUFACTURE OF NEW RANGE OF ULTRA-MINIATURE X-RAY TUBES

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