(WO) — Magellan X, a leading ESG technology company for building and investing in Deep Tech digital solutions, has completed a successful trial of the SOL-X innovative safety solution with MC Shipping Ltd., a global shipping company and a subsidiary of Mitsubishi Corporation. Following this trial, a Memorandum of Understanding has now been agreed that will see Magellan X and Mitsubishi Corporation collaborate on bringing SOL-X to the Japanese maritime market and developing new business models to scale the solution. This will help to progress the digitalization of the maritime industry, improve the safety and compliance standards on vessels, and benefit the wellbeing of seafarers. Agreement Under the agreement, Mitsubishi Corporation will leverage its extensive industry network to co-market the SOL-X solution and support its business growth, with the objective of establishing an ecosystem of partners, across the industrial value chain, who can benefit from deploying this safety solution in their operations. “It is exciting to begin this partnership with Magellan X and provide our seafarers with the most advanced safety technologies available. MC Shipping’s decision to utilize the SOL-X solution reflects our long-standing commitment to take the initiative in enhancing safety of vessel operations and taking good care […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
