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Nightfood (NGTF) subsidiary TechForce Robotics enters joint development deal with Oncotelic (OTLC) for pharma robotics
NightFood Holdings, Inc.
- TechForce Robotics and Oncotelic will jointly develop AI-enabled, GMP-compliant robotic systems for pharma manufacturing.
- Agreement term: initial 1 year, auto-renewing for 5-year terms unless terminated.
- IP: AI foreground owned by Oncotelic; robotic hardware owned by TechForce; jointly developed IP jointly owned; all data owned by TechForce.
- Revenue sharing, royalty, and profit terms to be negotiated in a separate Commercialization Agreement before first commercial sale.
- TechForce is wholly owned by Nightfood Holdings (NGTF); Oncotelic trades as OTLC.