QS Energy signs MoU with VIPS Petroleum for AOT commercialization in Southeast Asia.

QS Energy has signed a Memorandum of Understanding with VIPS Petroleum, a key energy producer in Southeast Asia, to commercialize its Applied Oil Technology (AOT) unit. This partnership aims to enhance energy solutions in the region and includes a three-tier revenue model ensuring financial growth. QS Energy plans to announce a major customer soon, solidifying the agreement's wholesale and retail aspects, as they expand their global presence.

September 26, 2024
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