Blockchain Registration Transaction Record

Cavitation Technologies, Inc. Enters Agreement with Desmet Belgium S.A.

Cavitation Technologies, Inc. has entered into an agreement with Desmet Belgium S.A. to monetize certain patents and intellectual property. The agreement will see CTi assign and transfer patents and trademarks to Desmet, while retaining exclusive licenses and rights to continue their primary lines of business.

This news matters as it showcases a strategic agreement between CTi and Desmet to monetize intellectual property, providing substantial capital without diluting shareholders. The exclusive licenses and rights retained by CTi will allow the company to continue its primary lines of business, impacting its future growth and development.