FlyFocus licenses Indian UAS manufacturing and supply rights to Lloyds defence subsidiary
FlyFocus signed an agreement granting Lloyds Advance Defence Systems licensed manufacturing, marketing and supply rights for its UAS products in India, alongside joint product development.
Evidence notes
- Lloyds Advance Defence Systems is a subsidiary of listed Lloyds Engineering Works.
- The agreement covers licensed manufacturing, marketing and supply of FlyFocus products in India.
- The filing pairs those rights with joint R&D of new products and identifies the arrangement as a non-related-party transaction.
Company context
Polish developer of unmanned aircraft, tethered-drone systems and persistent-power equipment for defence, security and industrial use.