InvestorNewsBreaks – MedSmart Group Inc. (MSGP) Announces Milanion Limited’s Inroads into Ukraine Through Strategic MOU
Aug 9, 2021
MedSmart Group (OTC: MSGP), following the recent announcement to acquire Milanion Limited, today shared news that Milanion has strategically positioned itself to take a share of the Eastern European defense market. According to the update, the company is making inroads into Ukraine with its entry into a memorandum of understanding (“MOU”) with Ukrainian Armor LLC for distribution rights to the AGEMA UGV. Interest in the ultra-versatile AGEMA UGV has surged since the vehicle was showcased at the Arms and Security 21 exhibition in Kyiv. Equipped with proven world-class technology and performance, the AGEMA UGV is designed to support a range of missions in a variety of sectors including defense, civil defense, security, fire and rescue. “Ukraine is an important market for Milanion, and having already successfully worked with Ukrainian Armor, we find they have the capabilities, authority and flexibility to create and service any demand for the vehicle while responding quickly to changing market conditions, enabling us to deliver tailored solutions to local preferences,” said Milanion CEO Davinder Dogra.
To view the full press release, visit https://ibn.fm/f5hPr
About Milanion
Milanion is a defense and security technology company that designs and manufactures advanced defense systems in the autonomous and robotic sector. Utilizing artificial intelligence (“AI”) technologies to support a range of unmanned autonomous and EV platforms, Milanion creates effective, battle-ready systems for land, marine and air. The founding team has decades of industry experience in the development and sales of systems globally with a business focus to identify and acquire best-in-class technologies, enhancing current offerings with in-house development to expand the product range and take advantage of the growing market for robotic and autonomous technology solutions. For more information, visit the company’s website at www.MilanionGroup.com.
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