Alchemy Labs signs NRE pact with Canadian defence textile supplier to integrate Crypsis technology
Reuters2026/08/13 12:31- Alchemy Labs (TSXV: ALCH) signed an NRE deal with a Canadian textile systems supplier to Canada’s Department of National Defence.
- Collaboration targets integration of Crypsis thermal signature management into textile-based defence applications, with a view to military garments.
- Development program estimated at CAD 250,000, with compensation mainly for engineering and technical services; amount is not a fixed contract value.
- Work planned across three phases, with progression tied to technical milestones and mutual agreement.
- Parties may negotiate a separate commercial manufacturing agreement if development succeeds; Crypsis IP remains with Alchemy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UBS lowers Ciena target price to $394
EUR/USD Price Forecast: Holds key 100-day SMA at start of the US CPI week
Malaysia Govt Spending Plan Could Help 99 Speed Mart Retail -- Market Talk
Paying the price for supporting the yen? Japan's foreign reserves fell by $87.8 billions in August, possibly due to selling US Treasuries for funding.
Japanese authorities may have used part of their foreign exchange reserves, including foreign securities such as U.S. Treasury bonds, over the past month to fund record-sized foreign exchange intervention operations.
Crypto prices
More
