DarkPulse, Inc. Signs JV Agreement with Egyptian Infrastructure Construction and Engineering Firm
March 08, 2022 at 11:30 am EST
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DarkPulse, Inc. announced it has signed a Joint Venture Agreement with Egyptian Electrical & Mechanical Works Co. The agreement in sum and substance describes the creation of a jointly owned Egyptian corporation with revenue split between the two partner organizations as well as an exclusive right for DarkPulse's BOTDA systems to be utilized in projects throughout Egypt. The agreement also brings additional capabilities to DarkPulse including infrastructure project management, engineering and installation capabilities for Middle East and North Africa.
DarkPulse & EEMW plan to deliver solutions in real estate development, infrastructure, utility management, and building information management systems coupled with new innovations based on distributed sensing fiber systems. Plans include building a research and development unit to help understand future demands and market trends of the region. The Company continues to explore additional potential opportunities in strategic locations worldwide with the goal of accelerating the adoption of its DarkPulse Technology Products and expand its global market position.
DarkPulse, Inc. is a technology-security company. The Company is focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented Brillouin Optical Time Domain Analysis (BOTDA) dark-pulse sensor technology. The Company also develops, markets, and distributes a full suite of engineering, monitoring, installation and security management solutions for critical infrastructure/key resources to both industries and governments. The Company provides multiple security platforms: Patented BOTDA Fiber Optic sensor systems and Satellite Communications services. Its security and monitoring systems are delivered in applications for critical infrastructure/ key resources. Its patented BOTDA dark-pulse sensor technology allows for the monitoring of highly dynamic environments. It offers a full suite of engineering and environmental solutions that provide safety and security infrastructure projects.