Aerwins technologies and outsourcing inc. partner to develop and produce new air mobility products

Tokyo, march 23, 2023 (globe newswire) -- aerwins technologies inc. (nasdaq: awin) ("aerwins" or the "company"), the developer and manufacturer of air mobility platform, cosmos (centralized operating system for managing open sky), and the xturismo limited edition hoverbike, has reached a strategic agreement with outsourcing inc. (“outsourcing”) by entering into a memorandum of understanding (“mou”) with outsourcing intending to partner via a joint venture in the middle east. the joint venture is intended to allow aerwins to advance its manufacturing and production capabilities of air mobility units in the middle east.
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