Accelerating the Global Deployment of Energy Storage Solutions via Battery Securitization Financing Program

SINGAPORE and TOKYO, Aug. 19, 2024 (GLOBE NEWSWIRE) -- noco-noco Pte Ltd (“noco-noco”), a wholly owned subsidiary of Nasdaq-listed noco-noco Inc. (Nasdaq: NCNC), has signed a Memorandum of Understanding (MOU) with Japan headquartered 3DOM Alliance Inc. (hereinafter "3DOM") and Tesnology Inc. (hereinafter "Tesnology") to acquire a non-exclusive license for battery securitization systems and intellectual property (IP) developed by 3DOM and Tesnology. This agreement is a significant milestone in noco-noco’s efforts to establish battery as a societal infrastructure across Asia Pacific.

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