2023-05-26 08:16:38 ET
- Umbra Applied Technologies Group ( OTCPK:UATG ) strategic partner Next Casting Technologies has been issued a patent for technology it developed for use in its advanced SmartCast, IntelliBrace and BioSplint products.
- Filed in December of 2017, this patent was one of four patents that had been pending and the Co. anticipates remaining patents being approved over the next ten to twelve months.
- "Having the appropriate measures in place to protect intellectual property enables the Company to begin evaluating production schedules, supply chain resources and fulfillment execution strategies." said UAT Group’s CEO Alex Umbra.
- UAT Group has a 26% equity interest in NCT.
For further details see:
UAT Group strategic partner Next Casting receives patent