Ault Alliance Announces Licensing of MLSE Platform by its Subsidiary, MTIX Ltd.
Portfolio Pulse from Benzinga Newsdesk
Ault Alliance, Inc. (NYSE:AULT) announced that its subsidiary, MTIX Ltd., has entered into a license agreement for its patented Multiplexed Laser Surface Enhancement (MLSE) technology. MTIX is a wholly owned subsidiary of Avalanche International Corp., which is majority owned by Ault Alliance.
November 06, 2023 | 11:31 am
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Ault Alliance's subsidiary, MTIX Ltd., has licensed its MLSE technology, potentially opening new revenue streams.
The licensing of MTIX's MLSE technology could potentially open new revenue streams for Ault Alliance, which could positively impact its stock price in the short term. However, the actual impact will depend on the financial terms of the license agreement and the market's response to this news.
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