"Dominovas Energy will continue to "engage" with AVL and SOLIDPower to support its multi-megawatt deployments in South Africa"
Once again another mystery. We know over the next 5 years a minimum deployment 50MW has to be expected in South Africa, ok. Why has Delphi been left out of South Africa's Rubicon deployment? Because Delphi will not be involved & now AVL. As for Solid Power, well I'll let you guess. Remember no 8k on this Solid Power.
Dom & Delphi MOU
"The parties expressly understand and agree that neither party shall have any obligation or commitment to enter into an Agreement or to otherwise engage in business activities with the other party unless and until the terms of such business relationship is accepted by the parties' respective management and the Agreement is executed by authorized representatives of both of the parties. The parties agree that the terms of this MOU are not legally binding"
"Any inventions, including all intellectual property rights thereto, arising out of the work performed solely by Delphi under this MOU and/or the contemplated Agreement, including without limitation any related to integration of the SOFC Stacks with the DEC System, (the "Delphi Inventions") shall be owned exclusively by Delphi; provided, however, that for a period of five (5) years after the execution of this MOU, Delphi will not sell products containing the Delphi Inventions or otherwise make the Delphi Inventions available to competitors of DEC in the countries of the following emerging markets: Africa, South America and the Caribbean. DEC shall not analyze, attempt to reverse engineer, or attempt to modify the SOFC Stacks provided by Delphi, so it is not contemplated that DEC personnel would make any inventions based on or derived from the SOFC Stacks. However, in the event that DEC personnel do make any invention based on, or derived from, the SOFC Stacks, such inventions, including all intellectual property rights thereto, shall be owned exclusively by Delphi. In the event that DEC and Delphi collaborate on inventions based on, or derived from, the DEC Systems incorporating the SOFC Stacks, such inventions, including all intellectual property rights thereto, shall be jointly owned by DEC and Delphi"
AI
