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BRIEF-Strategic Elements Says Unit Signed Agreement With Honeywell To Build Experimental Autonomous Robotic Vehicles

Published 12/09/2019, 09:40 am
Updated 12/09/2019, 09:50 am
© Reuters.  BRIEF-Strategic Elements Says Unit Signed Agreement With Honeywell To Build Experimental Autonomous Robotic Vehicles
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Sept 12 (Reuters) - Strategic Elements Ltd SOR.AX :

* UNIT STEALTH TECHNOLOGIE SIGNED AGREEMENT WITH HONEYWELL TO BUILD EXPERIMENTAL AUTONOMOUS ROBOTIC VEHICLES.

* AN INITIAL PAYMENT OF AUD$100,000 FROM HONEYWELL TO CO TO BEGIN TO DEVELOP AN EXPERIMENTAL AUTONOMOUS ROBOTIC VEHICLE

* CO AGREED TO COLLABORATE EXCLUSIVELY WITH HONEYWELL TO DEVELOP AUTONOMOUS ROBOTIC VEHICLES FOR 12 MONTHS

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