DealsJun 8, 2026, 07:32 AM
PMGC Holdings Subsidiary Secures Exclusive Drone Tech License
AI Summary
PMGC Holdings Inc.'s wholly-owned subsidiary, NorthStrive Defense Tech LLC, announced a binding term sheet for an exclusive, worldwide, sublicensable license in the aerospace and defense field. This license covers a patented multi-domain drone payload technology (U.S. Patent No. 12,291,334) that enables autonomous, buoyancy-assisted transport of payloads across air and water, enhancing efficiency. The agreement also includes a 12-month sponsored research program to develop a working prototype, with NorthStrive holding a first option to license new inventions from this research.
Key Highlights
- NorthStrive Defense Tech secured an exclusive, worldwide, sublicensable license for U.S. Patent No. 12,291,334.
- The patent covers multi-domain drone technology for buoyancy-assisted payload transport across air and water.
- The license is for the aerospace and defense technologies field, for the life of the patent.
- A sponsored research agreement is in place for 12 months (June 2026-June 2027).
- Research aims to develop a working prototype and validate towing dynamics and payload stability.
- NorthStrive holds a first option to license new inventions arising from the sponsored research.
- The technology is positioned for the defense market's focus on multi-domain unmanned systems.
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