On November 15, 2022, our company signed a cooperation agreement with the Ministry of Military Production of the Arab Republic of Egypt (hereinafter referred to as MOMP) to develop and research a device that extracts water from the air.
Prior to the conclusion of this cooperation protocol, our company and the MOMP signed the previous cooperation protocol on August 4, 2022, and conducted a demonstration experiment of "KuSui" in Egypt. Demonstration experiments were conducted at multiple locations in Egypt, and it was confirmed that water was produced by "KuSui" at each location. This has led us to conclude this cooperation protocol.
We will improve "KuSui" to specifications that are more suitable for the Egyptian domestic market, and will work on joint development and research for domestic sales in Egypt.