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Nanoveu Limited (ASX:NVU)

ALERT: Price-sensitive ASX Announcement for NVU
Current share price for NVU : $0.044 -0.036 (-45%)+
Announcement
Release
17 Feb 2026 9:22AM
Price at Release
$0.080
Full Release
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Summary
Nanoveu Limited has secured an exclusive evaluation license agreement with Nanyang Technological University, Singapore for four inventions related to autonomous drone swarm technologies. These inventions enable GPS-free navigation and formation control using onboard vision and ultra-wide-band (UWB) technologies, designed to operate in environments where traditional GPS is unavailable or unreliable. The technologies are intended for use in multi-robot systems, reducing deployment complexity and costs. The agreement includes an option to convert to an exclusive worldwide license, potentially expanding Nanoveu's offerings in the rapidly growing drone market, and aligning with their AIoT and ECS-DoT control engine roadmap. The licensing deal was facilitated by the corporate advisor 62 Capital Pty Ltd, with performance rights issued contingent on certain stock price targets. Further, Nanoveu is progressing with live drone trials to validate these technologies.
Key Points
  • Nanoveu secures exclusive global licensing rights from NTU Singapore.
  • The license includes four advanced autonomous navigation and formation control inventions.
  • Inventions allow GPS-free navigation using onboard cameras and UWB technology.
  • Potential applications include logistics, industrial, and consumer drone markets.
  • Nanoveu is aligning these technologies with their AIoT and ECS-DoT control engine.
  • The global drone market is expected to exceed US$35 billion by 2030.
  • Nanoveu's agreement with NTU includes performance rights for 62 Capital Pty Ltd.
  • Live drone trials are ongoing to test these technologies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.