OTCQB:HLRTD - Post by User
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TheFinalMileon Apr 15, 2021 9:23pm
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Post# 33008622
RE:Inks 5yr collaboration Agreement with German Co Systematic
RE:Inks 5yr collaboration Agreement with German Co Systematic April 14, 2021 - Hillcrest Energy Technologies Ltd. (C NSX :HEAT. CN ) (OTC:HLRTF) (FRA:7HIA.F) (“Hillcrest'' or the “Company”) has signed a five-year Technology Collaboration Agreement with Systematec GmbH , a German specialist engineering innovator and component designer to Airbus, Audi, BMW, Continental, Volvo Truck Corporation, and other hybrid automobile/EV and electrical equipment manufacturers . Technical teams on both continents will jointly manage engineering activities to leverage Hillcrest’s electric machine control software and develop high-value power electronics and electromechanical IP and technology for commercialization. All products and IP developed through this collaboration will be owned by Hillcrest.