Lockheed Martin competition winners sign deals

Three winners of Lockheed Martin India Innovation Growth Programme signed deals on Thursday.

BANGALORE: Three winners of Lockheed Martin India Innovation Growth Programme signed deals on Thursday.

Maharashtra State Seeds Corporation Ltd has partnered with Cottor Plants (India) Pvt Ltd to license its pollution-free cotton seed delinting technology. Cottor will provide the Corporation with international manufacturing, marketing and distribution.

Another winner, Sustainable Technologies & Environmental Projects Ltd has signed an agreement with K M Sugar Mills (India) to supply caged catalyst conversion systems to convert sugar mill waste to petroleum.

Zeus Numerix Pvt Ltd inked a worldwide marketing and distribution pact with Adroitec Information Systems. Adroitec will sell and service Zeus Numerix's full line of numerical simulation software products.

"It is a testament to the spirit of entrepreneurship and innovation resident in India to see the winners of the Programme achieve a major step forward in the globalisation of their products and technologies only five weeks after the competition results were announced", Dr Ray O Johnson, Lockheed Martin Senior Vice-President and Chief Technology Officer, told a press conference.

The programme is a joint initiative of Lockheed Martin, FICCI, IC2 Institute, University of Texas at Austin.
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