MOU

Joramco Named as Spirit AeroSystems Authorized MRO Center in Middle East

Retrieved on: 
Wednesday, March 1, 2023

Spirit AeroSystems, Inc. announced today an agreement with Jordan Aircraft Maintenance Company, Joramco, to be a Spirit Authorized Maintenance, Repair and Overhaul (MRO) center.

Key Points: 
  • Spirit AeroSystems, Inc. announced today an agreement with Jordan Aircraft Maintenance Company, Joramco, to be a Spirit Authorized Maintenance, Repair and Overhaul (MRO) center.
  • Joramco will provide a wide range of repairs and services of composite and metallic aerostructures to customers in the region.
  • Under this agreement, Joramco will initially provide total nacelle repair services to both Airbus A320 and Boeing 737 aircraft in partnership with Spirit AeroSystems.
  • Spirit AeroSystems, Inc. ("Spirit") is a subsidiary of Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (“Spirit AeroSystems”).

Aleph Farms Increases Production Capabilities with VBL Therapeutics Facility Acquisition and ESCO Aster Partnership

Retrieved on: 
Wednesday, March 1, 2023

In addition, Aleph Farms has signed a Memorandum of Understanding (MOU) with ESCO Aster , a vertically-integrated contract manufacturing organization, to produce cultivated meat in Singapore.

Key Points: 
  • In addition, Aleph Farms has signed a Memorandum of Understanding (MOU) with ESCO Aster , a vertically-integrated contract manufacturing organization, to produce cultivated meat in Singapore.
  • These agreements stand to increase Aleph Farms’ production capabilities and global impact as the company approaches commercialization.
  • “Our state-of-the-art facility will enable Aleph Farms to unlock value and ramp up local production in an efficient manner,” added Dror Harats, MD, Chief Executive Officer of VBL.
  • “We are proud to be working with Aleph Farms to bring its cultivated steak to Singapore," said Xiangliang (XL) Lin, CEO of ESCO Aster and Deputy CEO of ESCO Lifesciences Group.

Sierra Space and Notre Dame to Push the Boundaries of Scientific Discovery in Space

Retrieved on: 
Tuesday, February 28, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230228005374/en/
    Sierra Space and Notre Dame announce plans to develop new in-space R&D platforms – expanding the academic institution’s footprint in low-Earth orbit and beyond.
  • “The University is committed to scientific breakthroughs that can help all of humanity,” said David Go, Notre Dame Vice President and Associate Provost for Academic Strategy and Viola D. Hank Professor.
  • “This agreement gives our students and faculty the opportunity to take part in cutting-edge research that will benefit generations to come.
  • Sierra Space may also work with Notre Dame’s start-up companies whose interests include commercialization of technology and products that could benefit space and/or microgravity research and manufacturing.

Next.e.GO Mobile SE Announces Signing of Memorandum of Understanding with Trafigura, a Leading Global Commodities Group, to Solidify Long-Term Supply of Aluminium and Battery Metals

Retrieved on: 
Tuesday, February 28, 2023

Ltd., a leading international commodity company, to establish a long-term supply chain management service agreement focused on the supply of aluminium and battery metals such as lithium, cobalt, and copper.

Key Points: 
  • Ltd., a leading international commodity company, to establish a long-term supply chain management service agreement focused on the supply of aluminium and battery metals such as lithium, cobalt, and copper.
  • e.GO, based in Aachen, Germany, designs and manufactures battery electric vehicles for the urban environment, with a focus on convenience, reliability and affordability.
  • The Company’s proprietary technologies and low capex MicroFactory production facilities have ushered in innovative solutions for producing electric vehicles.
  • Under the MOU, Trafigura will supply 100% of e.GO’s requirements for transition and battery metals.

First Phosphate Announces Dual Listing on the Frankfurt Stock Exchange

Retrieved on: 
Tuesday, February 28, 2023

Saguenay, Quebec--(Newsfile Corp. - February 28, 2023) - First Phosphate Corp. (CSE: PHOS) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that its common shares have commenced trading on the Frankfurt Stock Exchange ("FSE") under ticker symbol "KD0".

Key Points: 
  • Saguenay, Quebec--(Newsfile Corp. - February 28, 2023) - First Phosphate Corp. (CSE: PHOS) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that its common shares have commenced trading on the Frankfurt Stock Exchange ("FSE") under ticker symbol "KD0".
  • The Company's common shares are now cross listed on the Canadian Securities Exchange ("CSE") and the FSE.
  • "North America and Europe represent two of the largest and most advanced electric vehicle markets in the world," explains First Phosphate President, Peter Kent.
  • "Our management has worked diligently to ensure that our FSE listing would coincide as closely as possible with our recent CSE listing.

CF Industries and LOTTE CHEMICAL Corporation to Explore Joint U.S.-Based Clean Ammonia Project and Long-Term Clean Ammonia Offtake Agreement into South Korea

Retrieved on: 
Tuesday, February 28, 2023

CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, today announced that it has entered into a memorandum of understanding (MOU) with LOTTE CHEMICAL Corporation (011170.KS) (“LOTTE”), South Korea’s leading chemical company, that will guide the companies in a joint exploration of clean ammonia production and long-term clean ammonia offtake into South Korea.

Key Points: 
  • CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, today announced that it has entered into a memorandum of understanding (MOU) with LOTTE CHEMICAL Corporation (011170.KS) (“LOTTE”), South Korea’s leading chemical company, that will guide the companies in a joint exploration of clean ammonia production and long-term clean ammonia offtake into South Korea.
  • The MOU establishes a framework for the companies to assess the joint development of and investment in a greenfield clean ammonia production facility in the U.S., including at CF Industries’ Blue Point Complex in Louisiana.
  • The prospective ammonia facility would leverage carbon capture and sequestration technologies to reduce CO2 emissions from the ammonia production process to a level that meets or exceeds South Korea’s clean ammonia requirements.
  • This workstream will confirm the scale of long-term offtake volume expectations for a potential clean ammonia facility.

Gilmour Space and Atomos Space to enter Memorandum of Understanding for in-space transportation and launch aggregation services.

Retrieved on: 
Monday, February 27, 2023

DENVER, Feb. 27, 2023 /PRNewswire/ -- Gilmour Space Technologies ("Gilmour") and Atomos Space ("Atomos") have announced the signing of a Memorandum of Understanding (MOU) to explore a multi-year contract for Gilmour and Atomos to mutually purchase services for launch and in-space transportation.

Key Points: 
  • DENVER, Feb. 27, 2023 /PRNewswire/ -- Gilmour Space Technologies ("Gilmour") and Atomos Space ("Atomos") have announced the signing of a Memorandum of Understanding (MOU) to explore a multi-year contract for Gilmour and Atomos to mutually purchase services for launch and in-space transportation.
  • The partnership will see Atomos contract Gilmour for launch services on its Eris and upcoming orbital launch vehicles.
  • In addition, Atomos' Orbital Transfer Vehicles (OTVs) will provide in-space transportation services to customers and launch aggregation services of multiple customer spacecraft for launch on Gilmour vehicles.
  • "This new agreement with Atomos is an exciting opportunity for Gilmour," said Adam Gilmour, CEO of Gilmour Space Technologies.

National Alliance for Black Business (NABB) and the U.S. Department of Commerce's Minority Business Development Agency (MBDA) Form a Historic Alliance to Develop Black-Owned Businesses

Retrieved on: 
Monday, February 27, 2023

WASHINGTON, Feb. 27, 2023 /PRNewswire/ -- On Wednesday, February 22, 2023, the U.S. Department of Commerce Minority Business Development Agency (MBDA), and the National Alliance for Black Business (NABB) signed a historic MOU during the NABB's first annual National Black Business Policy Conference in Washington, D.C. The NABB was co-founded by the National Business League (NBL) and the National Black Chamber of Commerce (NBCC), which represent a combined 153 years of service to Black businesses and are now collectively working to organize a unified national black economic agenda.

Key Points: 
  • WASHINGTON, Feb. 27, 2023 /PRNewswire/ -- On Wednesday, February 22, 2023, the U.S. Department of Commerce Minority Business Development Agency (MBDA), and the National Alliance for Black Business (NABB) signed a historic MOU during the NABB's first annual National Black Business Policy Conference in Washington, D.C.
  • "This historic agreement between MBDA and the NABB will strengthen our collective mission to create a strong, equitable economy for all minority businesses and entrepreneurs," said Donald R. Cravins, Jr., Under Secretary of the Minority Business Development Agency.
  • "Both MBDA and the NABB have uplifted Black businesses in the decades since they were formed.
  • More than 100 distinguished Black business leaders, organizations, and corporate executives assembled with the Department of Commerce Under Secretary Donald Cravins Jr., Esq.

EQS-News: First Phosphate forges alliance with European phosphorus chemistry technology leader

Retrieved on: 
Monday, February 27, 2023

Prayon is a leading global producer and technology provider in the purified phosphoric acid sector.

Key Points: 
  • Prayon is a leading global producer and technology provider in the purified phosphoric acid sector.
  • The agreement also allows First Phosphate to be able to toll process its phosphate concentrate to batery-grade purified phosphoric acid at Prayon’s facilities.
  • Prayon requires phosphate concentrate and is interested in acquiring concentrate from First Phosphate's eventual mining operations, subject to meeting specifications.
  • Bottom line: The collaboration between startup First Phosphate and global player Prayon is a game changer from an entrepreneurial standpoint.

First Phosphate Corp. Signs MOU with Prayon, Global Leader in Purified Phosphoric Acid Production and Technology

Retrieved on: 
Friday, February 24, 2023

Prayon requires phosphate concentrate and is interested to purchase concentrate from First Phosphate's eventual mining operations subject to specifications.

Key Points: 
  • Prayon requires phosphate concentrate and is interested to purchase concentrate from First Phosphate's eventual mining operations subject to specifications.
  • Such feedstock would be transformed into merchant grade phosphoric acid (MGA) and subsequently into purified phosphoric acid (PPA) at the Prayon plant located in Engis, Belgium.
  • First Phosphate and Prayon have agreed to study the potential of a long-term purified phosphoric acid toll processing agreement.
  • First Phosphate contemplates the development of its own fully dedicated, captive-use LFP battery grade phosphoric acid production facility.