SMN 4.55% 57.5¢ structural monitoring systems plc

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    AEM AND TESTIA SIGN LETTER OF INTENT FOR CVM™ INSTALLATION TRAININGCanadian avionics and sensor manufacturer, Anodyne Electronics Manufacturing Corp. (AEM), and global non-destructive testing consultants and service provider, TESTIA, sign a letter of intent for a new distribution arrangement to provide commercial airline operators and MROs installation training of its Comparative Vacuum Monitoring (CVM™) airframe crack detection compliance sensors.The non-binding letter of intent sets out the framework for the negotiation of a binding agreement, which will see TESTIA deliver a complete end-to-end installation training program and instruction to airline maintenance teams and third parties, adopting AEM’s airframe crack detection compliance sensor solution for non-destructive testing (NDT) inspections of the B737 Aft Pressure Bulkhead (APB). AEM and TESTIA signed the letter of intent at the Airlines for America Nondestructive Testing Forum (A4A NDT Forum) in Denver, CO.Present for the signing of the letter of intent were Holger Speckmann, Managing Director of TESTIA GmbH, and Trevor Lynch-Staunton, AEM’s Chief Technical Officer, and lead Structural Health Monitoring Engineer.While consideration and payment terms of the aforementioned letter of intent are still to be agreed, the binding agreement is expected to be signed within the next three months.“Supporting AEM by providing training and installation services around the CVM™ technology, and being a reliable partner, fit into the future strategy of TESTIA as an end-to-end provider of Structural Health Monitoring solutions,” says Speckmann.
 
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