Micro-X Ltd Completes Major Tech Transfer to Varex

Micro-X Ltd. (AU:MX1) has released an update.

Australian high-tech firm Micro-X Ltd has successfully completed a major technology transfer to Varex, marking the completion of their licensing agreement and netting Micro-X a milestone payment of A$1.5M. The partnership, which began in 2022, involves Micro-X’s proprietary Nano Electronic X-ray (NEX) Technology, now used in Varex’s multi-beam X-ray tubes, solidifying Micro-X’s role in advancing X-ray technology. The collaboration continues as Varex places an initial A$100k order for Micro-X’s high-voltage generators, with further discussions on future orders underway.

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