NETSOL signs tri-partite contract with IGNITE

By MG News | November 14, 2022 at 09:29 AM GMT+05:00

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November 14, 2022 (MLN): NETSOL Technologies Limited (NETSOL) has signed a tri-partite contract with IGNITE-National Technology Fund and Aviation City Pakistan, for setting up the operations of the National Incubation Center for Aerospace Technologies (NICAT), the company’s filings on the stock exchange showed on Monday.

"The NICAT project will be funded by Ignite with the support of Aviation City Pakistan Private Limited (ACCPL)”, the report added.

Furthermore, the NETSOL consortium will host a number of startups every year for incubation and acceleration at the center, as well as carry out various events and activities for promoting aerospace and engineering startups.

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