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Critical Infrastructure Technologies Ltd. ( (TSE:CTTT) ) has issued an announcement.
Critical Infrastructure Technologies Ltd. and Canadian RPAS specialist AIRmarket Inc. have signed a non-binding memorandum of understanding to jointly explore and pilot drone-enabled airspace and traffic management solutions, with an emphasis on bi-national Australia–Canada defence and government applications. The collaboration combines AIRmarket’s expertise in RPAS traffic management, airspace utilities, and regulatory engagement with CiTech’s secure digital platforms, AI-driven data capabilities, and autonomous communications infrastructure to support defence, border security, emergency response, and critical infrastructure protection. Initial focus areas include drone-as-first-responder programs, wildfire and disaster response, search and rescue, and integration of traffic management platforms with secure communications networks, with potential government-led pilots and trials to follow under separate definitive agreements. The partnership positions both companies to play a larger role in enabling safe, sovereign drone integration into national airspace and enhancing situational awareness and operational resilience for public-sector and critical infrastructure stakeholders.
More about Critical Infrastructure Technologies Ltd.
Critical Infrastructure Technologies Ltd. is a Perth-based developer of autonomous, high-capacity, rapidly deployable communications and security platforms targeting mining, defence, border security, surveillance, and emergency services. Its flagship Nexus 16 product is designed to deliver critical mobile telecommunications via a patented self-deploying platform that supports LTE radio, surveillance, anti-drone systems, and other technological payloads in challenging and remote environments.
Average Trading Volume: 95,515
Technical Sentiment Signal: Buy
Current Market Cap: C$74.02M
For detailed information about CTTT stock, go to TipRanks’ Stock Analysis page.