Nano Labs Corp. announced that the company has signed a Non-Disclosure & Confidentiality Agreement with CIMVA (Advanced Materials Research Center) to review, identify, develop and market products based on the industrial application of nanotechnologies and advanced materials. The company said that the agreement will further the company's resources to develop its proprietary nanotechnology and manufacture and produce the company's prototypes and products.

The company said that the agreement allows both organizations to cooperatively identify specific joint research and commercial product projects, which will be subject to Specific Agreements outlining the purpose, activities, ownership, and the general rights and obligations of each party. The company said that each party will retain the copyrights and their respective industrial property rights for any future partnerships, and will outline any new ownership of copyright or industrial property rights generated, produced or resulting from the activities covered in the Specific Agreement(s).