MoU19 Feb 2025, 02:30 am
Globalspace Technologies Ltd Enters MoU with Powerhouse Technology Pty Ltd for Maharashtra Government’s CVD Screening Program
AI Summary
Globalspace Technologies Ltd has entered into a Memorandum of Understanding (MoU) with Powerhouse Technology Pty Ltd, trading as MOD3RN Care, for participation in the Maharashtra Government’s Cardiovascular Disease (CVD) Screening Program. The comprehensive solution is developed by integrating an AI platform with GE Healthcare hardware to facilitate mass screening. The project is expected to be valued at approximately USD 400 Million (~ INR 3,500 Crores). This strategic collaboration is expected to positively impact the Company’s growth and financial performance in future.
Key Highlights
- Globalspace Technologies Ltd has signed an MoU with Powerhouse Technology Pty Ltd for Maharashtra Government’s CVD Screening Program.
- The project is expected to be valued at approximately USD 400 Million (~ INR 3,500 Crores).
- The solution is developed by integrating an AI platform with GE Healthcare hardware.
- The collaboration is expected to positively impact the Company’s growth and financial performance.
- Globalspace and GE Healthcare will jointly bid for the project.