What Happened
Exclusive Three-Year Agreement Targets Defence Market Development
Thrive Tribe Technologies has commenced a three-year exclusive distribution agreement with Canadian defence supplier Effective Acceleration Ventures (EAV) to market WooBoard and REFFIND to NATO member states. The agreement requires EAV to generate at least US$5 million in turnover by the end of year one and at least US$15m by the end of year two to retain exclusivity. Thrive Tribe will retain responsibility for product configuration, licensing, implementation, and technical support. This development was first reported by an unknown source.