Zurich, October 31, 2023: Kongsberg Automotive (KA) and Romoline have entered into a definitive agreement to purchase patents related to camera washing technology intended for vehicles. This is KA’s second investment in technology that will be used in...Patent Acquisition Agreement • October 30th, 2023
Contract Type FiledOctober 30th, 2023According to the agreement, the parties have decided on a license fee based on KA`s gross profit on the product. KA will share portions of its gross profits with Romoline. Meanwhile, Romoline will continue its partnership with KA, providing services to facilitate the technology’s commercialization and further development.