ASTG announces that it has reached an agreement with a major defense contractor for the previously announced IMU development project
ASTG to immediately start IMU development project with major defence contractorAs earlier announced on December 12, 2019, ASTG has been selected as the primary supplier of IMUs to a major defense contractor, and in turn signed a Letter of Intent with the aim of negotiating an IMU development project. An agreement has now been reached on starting this development project and ASTG is commencing the design and specification work together with the customer. It is expected that the development project will go on for 12 to 18 months before starting a full system test of the customer's product,