Joint Venture26 Jul 2025, 02:10 pm
NIBE Ltd Enters Technical Collaboration Agreement with Elbit Systems Land Limited for Precise & Universal Launch System
AI Summary
NIBE Ltd has entered into a Technical Collaboration Agreement with Elbit Systems Land Limited, a leading global Israel based defence technology company. The agreement is for the transfer of license and technology for Precise & Universal Launch System (PULS) including artillery rocket system capable of engaging targets with precision over a range of up to 300 km. The agreement details will be finalized within 45 days from the date of signing.
Key Highlights
- NIBE Ltd has entered into a Technical Collaboration Agreement with Elbit Systems Land Limited
- The agreement is for the transfer of license and technology for Precise & Universal Launch System (PULS) including artillery rocket system
- The system is capable of engaging targets with precision over a range of up to 300 km
- The agreement details will be finalized within 45 days from the date of signing
- Elbit Systems Land Limited is a leading global Israel based defence technology company