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ONE CLICK GROUP LIMITED — Capital/Financing Update 2019
May 13, 2019
64250_rns_2019-05-13_8aee1c84-622b-4b94-be9e-0a7b94a0377a.pdf
Capital/Financing Update
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14 MAY 2019 ASX RELEASE
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MANTECH / AQUABOTIX SIGN TEAMING AGREEMENT
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Aquabotix and ManTech have signed a Teaming Agreement for strategic cooperation.
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ManTech is a large provider of advanced technological services to the U.S. Government.
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Joint efforts will focus on the pursuit of U.S. Government funds in a current requirement related to Department of Defense systems.
Sydney, Australia and Virginia and Massachusetts, USA - UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) today announces that it has signed a Teaming Agreement with a joint venture of ManTech International Corporation (NASDAQ:MANT) for pursuit of United States Government funds under a current Government requirement related to Department of Defense systems.
With more than 50 years of experience in advanced technological solutions and services for U.S. defence, intelligence community, and federal civilian agencies, ManTech brings domain expertise and solid reputation to this intended collaborative offering.
Chief Executive Officer of Aquabotix, Whitney Million, commented, “Aquabotix is pleased to announce this noteworthy teaming relationship with ManTech. This is the second such announcement on collaboration with a major defence prime contractor in the year following the Company’s strategy shift towards the defence market. We anticipate that through teaming we will have access to larger value prime contracts unattainable by a small company such as Aquabotix standing alone. We are proud to have this opportunity for collaboration and are hopeful that this will lead to future opportunities for the Company’s contribution as a novel solutions provider for the U.S. Government.”
Further Information
Whitney Million Chief Executive Officer Email: [email protected] Tel: +1 508 306 9503
About UUV Aquabotix Limited
Based in Sydney, Australia and Virginia and Massachusetts, USA, Aquabotix is an established underwater robotics company which manufactures and sells commercial and industrial-grade underwater drones for commercial, high-end consumer and military applications. It is also the first company globally that is offering commercially-available swarming underwater drones. Please visit www.aquabotix.com
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