tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Avant Technologies Forms Joint Venture with SGAustria

Story Highlights
Avant Technologies Forms Joint Venture with SGAustria

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Avant Technologies ( (AVAI) ) is now available.

On September 15, 2025, Avant Technologies Inc. entered into a Joint Venture and License Agreement with SGAustria Pte. Ltd., forming a new company, Klothonova Inc. This partnership aims to leverage Austrianova’s expertise in cell biology and proprietary cell encapsulation technology, with Avant Technologies providing up to $1.5 million USD in capital and resources for the next 18 months. Both companies will hold equal ownership in Klothonova, which will be governed by a limited liability company agreement. This collaboration is expected to enhance Avant Technologies’ position in the biotech industry by combining resources and expertise with Austrianova.

More about Avant Technologies

Avant Technologies Inc. operates in the technology sector, focusing on innovative solutions and partnerships to enhance its market presence. The company is involved in forming strategic alliances to expand its capabilities and offerings.

Average Trading Volume: 118,404

Technical Sentiment Signal: Strong Sell

Current Market Cap: $48.87M

For detailed information about AVAI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1