Nanoveu Gets Purchase Order for EyeFly3D iPhone 16 Films from South Korean Distributor; Shares Rise 9% to Multi-Year High

MT Newswires Live

2024/10/21

Nanoveu (ASX:NVU) received a $200,000 purchase order for EyeFly3D smartphone films for the iPhone 16 from exclusive South Korean distributor Rahum Nano Tech, according to a Monday filing with the Australian bourse.

The purchase order forms part of Rahum Nano Tech's $19.7 million target to commercialize EyeFly3D in South Korea, the filing said.

Rahum Nano Tech also reissued the purchase order for Samsung Galaxy series films totaling $180,000, with payment of the initial half expected by December, the filing added.

Shares of the nanotechnology company jumped 9% in recent trade to reach its highest point since August 2021.

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