$1.5M Varex milestone achieved

Published:
October 24, 2024
by

• Successfully completed technology transfer to Varex for high-voltage multi-beam X-ray tubes

• Final milestone under Licence Agreement – US$1.0M (A$1.5M) milestone payment to Micro-X

• Multi-beam technology licensed to Varex enabled by Micro-X high-voltage generator

• Initial Purchase Order received for A$100k to supply Varex with high-voltage generators to power multi-beam tubes

• Varex and Micro-X continue to explore ways to build partnership including ongoing supply from Micro-X of high-voltage generators

Read more here

$1.5M Varex milestone achieved

Published:
October 24, 2024
by
$1.5M Varex milestone achieved. Australian hi-tech company Micro-X Ltd (ASX:MX1) (Micro-X or the Company), a leader in cold cathode X-ray technology for health and security markets globally, is pleased to announce the achievement of the fifth and final milestone under the Varex licence agreement.

• Successfully completed technology transfer to Varex for high-voltage multi-beam X-ray tubes

• Final milestone under Licence Agreement – US$1.0M (A$1.5M) milestone payment to Micro-X

• Multi-beam technology licensed to Varex enabled by Micro-X high-voltage generator

• Initial Purchase Order received for A$100k to supply Varex with high-voltage generators to power multi-beam tubes

• Varex and Micro-X continue to explore ways to build partnership including ongoing supply from Micro-X of high-voltage generators

Read more here

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