Intercont (Cayman) Ltd. Signs Patent License and Supplemental Agreements With Jiangsu Xinsihui Marine Technology
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Intercont (Cayman) Ltd. has signed updated agreements with Jiangsu Xinsihui Marine Technology, including a Patent License and Supplemental Agreement. These agreements grant Intercont exclusive rights to certain marine technology patents. An Intellectual Property Ownership and Fee Retroactive Confirmation Agreement confirms Jiangsu Xinsihui as the patent owner. Intercont will pay an additional USD 100,000 if commercialization milestones are met by December 31, 2027.
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