(Alliance News) - FOS Spa on Thursday announced the awarding of the project "ITACA - Air's Lightest Mobile Telecommunications Infrastructure for the Alpine Context" as part of the "iNEST-Interconnected Northeast Innovation Ecosystem" Research and Innovation program, funded by the Ministry of University and Research.

The 15-month project, in partnership with lead partner MAVTech Srl, involves a total investment of about EUR250,000, in which, FOS will invest about EUR150,000, of which about EUR100,000 will come from the Next Generation EU fund for the National Recovery and Resilience Plan.

FOS gives up 1.6 percent to EUR2.50 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.