AppSwarm announces its binding memorandum of understanding with Renavotio, Inc. to explore collaborations focused on new opportunities, including 5G, ISP, utility construction, smart city development, Internet of Things (IoT), drone technology, blockchain utilization, and aerospace related industries.
Founded in 1962, Utility Management and Construction, LLC (UMCCO), a wholly owned subsidiary of Renavotio, Inc., is an engineering and smart utility management company that provides a one-stop solution to rural communities to reduce the consumption of electricity, data, natural gas, and water utilities for commercial, industrial and municipal end users.
UMCCO incorporates Subsurface Utility Engineering (SUE) that is used to map and maintain underground utility infrastructure, and Telecom engineering services and 5G installation.
Christopher Bailey, the CEO of AppSwarm, Corp. commented, "We are very excited to announce Renavotio as one of our new partners at TulsaLabs. Their years of experience in infrastructure design, maintenance, and construction within Tulsa and surrounding regions makes them a perfect partner in finding creative ways to help build out next generation solutions for cities and underserved rural areas.”
https://www.globenewswire.com/news-release/2021/11/12/2333528/0/en/AppSwarm-Announces-Agreement-with-Renavotio-Inc-OTCQB-RIII-for-Infrastructure-and-Smart-City-Development.html