Glaston writes off balance sheet items related to Heliotrope partnership, the write-off has no strategic importance
Glaston Corporation Stock exchange release 30.11.2021 at 9.30Since late 2015, Glaston has been a small stockholder and development partner in a Californian start-up project with the goal to develop a nanotechnology based smart glass technology for the market. Glaston’s role in the project has been to develop a production line to produce smart glass developed by Heliotrope Technologies on an industrial scale. The development of the production line was completed already in 2018. Product development of the actual smart glass technology, on the other hand, has been delayed