Sparc and Levidian Sign MoU for the Middle East

Summary by 6ix AI

Sparc Technologies Ltd has announced a memorandum of understanding with Levidian Nanosystems for the commercialisation of ecosparc® enhanced protective coatings in the Middle East. The collaboration aims to develop and market ecosparc® formulations incorporating Levidian's graphene, targeting major infrastructure owners and national oil operators in the region. The parties plan to establish a binding joint development or commercial supply agreement within a year and explore local manufacturing of ecospar® additives in the UAE within two years.

Written by 6ix AI from the company’s filing. How 6ix writes summaries