People close to Hollund Industrial Marine (the

People close to Hollund Industrial Marine (the company) indicated that talks concerning the exclusive license for the TigerLynk technology were extended due to positive discussions around Hollund having the right to also manage concessions outside of timber harvesting. Given the capabilities of the underwater robotic system, the technology also has the capacity to dredge underwater, as an example.  This affords Hollund the ability to secure concessions -- for example -- from gold mining companies requiring underwater dredging services to extract gold from the sea floor.

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