SILKWAVE INC (00471) has announced the signing of a memorandum of understanding regarding deep cooperation in the industrial-grade UAV sector.
SILKWAVE INC (00471) issued an announcement stating that on October 8, 2026, the company entered into a memorandum of understanding (MOU) with Altura UAV Co., Ltd. (Altura) covering deep collaboration in the research and development, manufacturing, application, and market expansion of industrial-grade UAVs.
Altura is an investment holding company incorporated under Thai law, specializing in the research, development, production, sales, and servicing of industrial-grade UAV systems as a high-tech enterprise. Its product range covers VTOL fixed-wing, hybrid heavy-lift, logistics and transport, agricultural plant protection, and emergency rescue series, along with supporting smart hangar systems and various mission payloads. Its flagship products include the AT-V12, AT-V30, and AT-V50E/H, which feature long endurance, large payload capacity, high reliability, and rapid deployment, and are widely used in surveying and mapping, inspection, logistics, agriculture, and emergency rescue.
The company is engaged in the satellite data business. The board of directors believes that if the proposed cooperation is implemented, it will combine the resources and expertise of both parties in satellite communications and industrial-grade UAVs, and the two parties can form synergies in the following areas: 1. Technology R&D cooperation: jointly advancing the development of next-generation long-endurance, large-payload UAVs and smart hangar systems. 2. Market expansion: combining Altura's product advantages with the company's satellite data network to drive deployment in the Belt and Road and ASEAN markets. 3. Financial support: Altura plans to strengthen R&D, manufacturing, and supply chain development through capital injection. 4. Emergency and public services: exploring application scenarios in disaster relief, border patrol, and energy pipeline monitoring.
The board of directors believes that entering into the MOU is in the overall interest of the company and its shareholders and will help enhance the company's competitiveness in the global industrial-grade UAV market. Both parties intend to explore and develop commercial cooperation, market opportunity development, and financing arrangements related to the satellite and industrial-grade UAV sectors. Both parties agree to evaluate each other's business value and quantify the benefits of cooperation. Within three months from the effective date of the MOU, both parties agree to appoint dedicated personnel to conduct exclusive negotiations regarding the cooperation.