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NEW YORK - IntelliAM AI plc (AQSE:INT) has signed a formal agreement with US-based hardware manufacturer Connection Technology Center Inc (CTC) to co-develop industrial sensing solutions for the manufacturing sector, according to a press release issued Thursday.
The partnership will integrate dual-branded sensory hardware with IntelliAM’s artificial intelligence platform to provide data insights for asset performance and predictive maintenance in industrial settings.
The agreement is expected to strengthen IntelliAM’s position in the US industrial market by leveraging CTC’s manufacturing capabilities and distribution network. The collaboration includes provisions for CTC to serve as an authorized partner providing domestic sensor supply for IntelliAM’s US operations.
"Our partnership with CTC represents a critical step forward in delivering our vision," said Tom Clayton, CEO of IntelliAM AI, in the statement. "By combining our AI-driven insights platform with advanced sensory technology, we are enabling a new level of data completeness and operational visibility for our customers."
Todd Cook, President and CEO of CTC, described the agreement as "a major milestone in bringing our jointly developed technology to the US market."
IntelliAM, which trades on the Aquis Stock Exchange under the ticker INT, specializes in AI and machine learning applications for manufacturing industries. The company stated it selected CTC as a partner based on product quality, lead times, and warranty offerings.
The partnership aims to provide manufacturers with tools for data-driven decision-making in asset-intensive industrial environments.
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