Cyber Enviro-Tech signs definitive agreement to combine with Air Power USA - CETI News | RalliesCyber Enviro-Tech signs definitive agreement to combine with Air Power USA
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CETI• Definitive agreement reached for strategic combination
- Cyber Enviro-Tech reached a definitive agreement with Air Power USA toward a strategic combination to scale clean-energy commercialization in the U.S.
- The transaction aims to pair CETI’s manufacturing and commercialization platform with Air Power USA’s clean-air power generation technology.
- Plans include building a scalable U.S. manufacturing and distribution footprint, leveraging CETI’s Southern California operations.
- A USD 45 million funding MOU emerged alongside the deal, tied to the companies’ planned consolidation.
- Closing remains subject to customary conditions and completion of remaining definitive documentation.
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