CPS Technologies And Triton Systems Announce New Licensing Agreement Under Which CPS Has Acquired The Global, Exclusive Right To Manufacture And Sell Products Made Using Triton's FRA Composite Technology
Portfolio Pulse from Benzinga Newsdesk
CPS Technologies (CPSH) has entered into a licensing agreement with Triton Systems, acquiring exclusive global rights to manufacture and sell products using Triton's FRA Composite Technology. This strategic move could potentially expand CPSH's product offerings and market reach.
March 06, 2024 | 1:08 pm
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CPS Technologies' exclusive licensing agreement with Triton Systems for FRA Composite Technology could significantly enhance its product line and market presence.
The exclusive rights to Triton's FRA Composite Technology could allow CPS Technologies to develop new products and penetrate new markets, potentially leading to increased revenue and market share. The exclusivity of the agreement provides CPSH with a competitive edge in the market, which is likely to be viewed positively by investors.
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