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Nanoveu Limited (ASX:NVU)

ALERT: Price-sensitive ASX Announcement for NVU
Current share price for NVU : $0.064 0.011 (20.75%)+
Announcement
Release
2 Jul 2026 8:18AM
Price at Release
$0.053
Full Release
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Summary
Nanoveu Limited has completed the acquisition of Spinoff Robotics, a Singapore-based deep-tech company, including its two proprietary drone platforms, ALICE and METRON. This acquisition secures Nanoveu's position in the drone sector by integrating Spinoff's engineering capabilities with Nanoveu’s EMASS ECS-DoT edge-AI silicon technology, accelerating the commercialisation of ECS-DoT. The acquisition involves the issuance of shares and performance rights, with specific milestones in revenue, IP integration, and share price. This move is set to expand Nanoveu's capabilities and use case applications across sectors like aerial defence and infrastructure inspection, positioning them for growth in next-generation drone applications.
Key Points
  • Nanoveu Limited completes acquisition of Spinoff Robotics.
  • Acquisition includes two drone platforms: ALICE and METRON.
  • Integration with EMASS ECS-DoT edge-AI silicon technology.
  • Acceleration of ECS-DoT's commercialisation in the drone sector.
  • Issuance of shares and performance rights as part of the acquisition.
  • Enhancements for next-generation applications targeted.
  • Expansion into high-value use cases across various sectors.
  • Dr Chee How Tan joins Nanoveu to lead drone vertical initiatives.
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.