Nibe (NSE:NIBE, BOM:543387) has signed licensing agreements with Research & Development Establishment (Engrs), Pune, and Pune Research & Development Organisation (DRDO), Ministry of Defense.
The agreements grant Nibe the technology rights to manufacture and sell the 24m Mountain Foot Bridge for all-terrain vehicle (ATV), including its launching systems, according to a Tuesday filing with the Indian bourses.
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