Highlights
ABD Solutions ('ABDS') and its affiliated companies have over 35 years' experience in the control and automation of vehicles using driving robots and control systems. With a mission to accelerate the transition to autonomy, they offer specialised vehicle agnostic driverless automation solutions capable of working across a wide range of off-highway environments.
Amaroq intends to work closely with ABDS during this process to enable ABDS to adapt its existing driverless automated vehicle management solutions to the specific environmental and vehicular requirements of the Nalunaq site. The MoU sets out the principal terms and conditions on, and subject to which,
The long-term goal of the MoU is to provide a framework for ABDS to deliver the support, software and hardware solutions needed for the Company to operate a diverse range of automation equipment and retrofittable mining vehicles on the Nalunaq site in
Amaroq's strategy prior to beginning the next stage of redevelopment at Nalunaq is to explore innovative technologies so as to operate in the most sustainable way as well as to leverage existing mine infrastructure. ABDS' mission is to accelerate the transition to autonomy by providing retrofit solutions that enable the automation of conventional vehicle fleets rapidly and cost-effectively.
Eldur Olafsson, CEO of
Contact:
Eldur Olafsson
Tel: +354 665 2003
Email: eo@amaroqminerals.com
About
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events and the future growth of the Company's business. In this press release there is forwardlooking information based on a number of assumptions and subject to a number of risks and uncertainties, many of which are beyond the Company's control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include but are not limited to the factors discussed under 'Risk Factors' in the Final Prospectus available under the Company's profile on SEDAR at www.sedar.com. Any forward-looking information included in this press release is based only on information currently available to the Company and speaks only as of the date on which it is made.
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