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Wednesday, 06/29/2022 12:08:35 PM

Wednesday, June 29, 2022 12:08:35 PM

Post# of 177155
iQSTEL, Inc. (OTCQX: IQST) announced that the company, with its subsidiary, IoT Labs LLC, has entered into a memorandum of understanding (MOU) with BASF Corporation to field test IoT Labs award-winning IoTSmartTank technology.

The non-binding MOU memorializes a new agreement to move forward with field testing started under a letter of intent (LOI) between the parties on April 29, 2021. IoTLabs has been engaged and working with BASF through a process of product exploration, learning, familiarization, installation, use, and testing of IoTSmartTank Devices at a BASF plant.

This is a major catalyst for growth! Collaborating with companies after companies!

https://newsfilter.io/a/ce6c538df3297c2e734b2d1b43cbb168
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