Bravatek Solutions, Inc. Enters into Joint Venture Agreement with AmbiCom Holdings, Inc
January 25, 2018 at 06:13 pm
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On January 25, 2018, Bravatek Solutions, Inc. entered into a joint venture agreement with AmbiCom Holdings, Inc. (AmbiCom), effective January 24, 2018, pursuant to which the parties will form a joint venture limited liability company in Delaware to develop, market and sell products, services and technology based on a private branded Active Optimization software application based on the Veloxum software (System); the joint venture will be owned 51% by the company and 49% by AmbiCom; the company will fund $30,000 in initial capital to the joint venture; and the joint venture will have an irrevocable royalty-free worldwide license to the System and related intellectual property.
Bravatek Solutions, Inc. is a security-platform company, which offers software, tools and services to worldwide markets. The Company provides security, defense and information security solutions, which assist corporate entities, governments and individuals in protecting their organizations and/or critical infrastructures against error, as well as physical and cyber-attack. The Company is engaged in marketing and distribution of security capabilities derived from market alliances that yield defense and information security software, hardware and services, and telecom services. The Companyâs products include software, hardware and services, and span a range of industries, including e-mail security, user authentication, robotics, telecommunications and cyber breach protection. Its business operations are focused on selling ECRYPTONE while also expanding its Market Alliance Program (MAP), enabling complimentary products and services to set their suite of cyber security solutions.