SMX signs LOI with BT-Systems for integrated sorting solutions

SMX (SMX)announced the signing of a Letter of Intent with BT-SYSTEMS, through its Competence Center REDWAVE, to jointly develop next-generation sorting and certification solutions for the recycling industry. The planned 12-month collaboration between BT-Systems – Competence Center REDWAVE and SMX is being structured to integrate SMX’s patented molecular marking and blockchain-backed digital passport technology into BT-SYSTEMS’ existing high-speed detection and sorting platforms. The shared goal is to establish a clear path toward full transparency and traceability of strategic materials and products, while also enabling industries to transition more efficiently toward circularity. Key Objectives of the Collaboration: To integrate SMX technology into BT-Systems – Competence Center REDWAVE offerings to deliver real-time detection, verification, and certification of materials. To enable circularity at scale by ensuring recycled materials can re-enter supply chains with trusted quality and compliance. To create a recognized standard for traceability that drives commercial value while supporting sustainability and regulatory requirements. The LOI sets the framework for joint industrial deployment, leveraging BT-Systems – Competence Center REDWAVE’s expertise in sorting solutions and SMX’s molecular traceability platform. Both parties will now work toward scaling up integrated systems that can serve as the benchmark for global adoption of circular economy practices. At the end of the 12-month collaboration period, BT-Systems – Competence Center REDWAVE and SMX shall consider next steps, which may include negotiating and entering into definitive documents with respect to the production and sale of product or products.