SMN 0.86% 58.5¢ structural monitoring systems plc

joint venture announcement, page-5

  1. 580 Posts.
    The announcement begins......

    AIRBUS and SMS TO JOINTLY DEVELOP AN IN-FLIGHT CVMTM SYSTEM

    The Directors of Structural Monitoring Systems plc (ASX: SMN) are pleased to announce
    that the Company has entered into a Joint Development Agreement (JDA) with the leading
    European commercial aircraft manufacturer Airbus.

    The stated objective of the JDA is for the "Development of Comparative Vacuum Monitoring
    (CVMTM) for an in-flight Structural Health Monitoring (SHM) system". At the conclusion of the
    joint development program SMS's patented CVMTM technology will be ready for the in-flight
    structural monitoring of Airbus aircraft.
 
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