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Bullboard - Stock Discussion Forum Aether Global Innovations Corp C.AETH

Alternate Symbol(s):  AETHF

Aether Global Innovations Corp., formerly Plymouth Rock Technologies Inc., is an unmanned aerial vehicle (UAV) drone management and operations services company that offers drone services. The Company focuses in three areas for critical infrastructure and public and private facilities. These three areas include drone management and surveillance monitoring; automation and integration for flight... see more

CSE:AETH - Post Discussion

Aether Global Innovations Corp > AETH Signs Profit & IP Share Agreement with IDIPLOYER
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Post by MarketMakerss on Sep 06, 2023 4:58pm

AETH Signs Profit & IP Share Agreement with IDIPLOYER

Specializing in UAV drone management and operations services by leveraging Artificial Intelligence, Aether Global Innovations (AETH.c AETHF) has signed a Profit and Intellectual Property Share Agreement with IDIPLOYER (Idroneimages)!

Revolutionizing the drone technology sector with cutting-edge automation and development solutions, AETH delivers customized solutions to cater to the demands of major property and critical infrastructure owners, operators, and their management teams.

Broken into two parts, this agreement covers:
  • Part 1: Profit sharing on all of IDIPLOYER's NeXus and NeXusPlus Drone-in-a-Box sales from the date of the agreement
  • Part 2: Joint ownership of all IP software and co-development from the date of the agreement.
In assisting IDIPLOYER in its business development, marketing and sales of its Drone product line by tapping into its global network, AETH will receive 25% of the profits earned from sales by providing new customer and industry research as well as client prospecting and sales negotiations.

Additionally, AETH will hire a software engineer to work directly with IDIPLOYER to design and develop its software solutions to meet individual client needs, thus securing further sales, and each company will own 50% of the IP software developed.

AETH President & CEO Phil Lancaster commented:
“This is another significant milestone for Aether as we continue to grow the business through our ongoing investment into IdroneImages (IDIPLOYER). Consolidating our resources allows us to expand our reach when it comes to global sales and joint research and development”
This news follows AETH's previous Strategic Partnerships with Limitless Integrations LLC, an integration solutions and deployment service provider for surveillance technologies, safety and security communications and with Senseta, an AI-driven cybersecurity and intelligent drone services company.

Together, these partnerships reinforce AETH's three-part business strategy, encompassing drone design and development, automation and integration and drone base station infrastructure and technology.

Posted on Behalf of Aether Global Innovations Corp.
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