Harvest Executes MOU with Annex Digital
| Stock | Harvest Technology Group Ltd (HTG.ASX) |
|---|---|
| Release Time | 27 Oct 2025, 8:31 a.m. |
| Price Sensitive | Yes |
Harvest Executes MOU with Annex Digital
- Harvest and Annex Digital enter into a non-exclusive strategic collaboration
- Annex Digital to act as lead tenderer, Harvest to provide technical inputs and secure streaming solutions
- Partnership aims to enhance competitiveness in Australian government and defence procurement markets
Harvest Technology Group Limited (ASX:HTG) has announced that its wholly owned subsidiary, Harvest Technology Pty Ltd, has entered into a Memorandum of Understanding (MoU) with Annex Digital Pty Ltd, a Canberra-based registered government supplier specialising in the design and engineering of digital products and services. The MoU establishes a non-exclusive strategic collaboration between the two companies to jointly pursue and deliver government and defence tenders where Harvest's secure live data, audio, and video streaming technologies can be integrated into Annex Digital's solutions. Under the MoU, Annex Digital will act as the lead tenderer and primary point of contact with the client or contracting agency, while Harvest will provide technical inputs, product expertise, and secure streaming solutions for specific opportunities identified by Annex Digital. Where a tender is successful, the parties will enter into a Statement of Work or subcontract defining the detailed scope, deliverables, commercial terms, and intellectual-property arrangements for the relevant project. The collaboration aims to leverage the complementary capabilities of both organisations to enhance competitiveness in Australian government and defence procurement markets, particularly in the defence, infrastructure, and national security sectors.
Harvest anticipates that the partnership with Annex Digital will expand access to major government contracts requiring secure, reliable video and data transmission.