Harvest Executes Exclusive Reseller Agreement with Pyxis
| Stock | Harvest Technology Group Ltd (HTG.ASX) |
|---|---|
| Release Time | 18 Nov 2025, 8:28 a.m. |
| Price Sensitive | Yes |
Harvest Executes Exclusive Reseller Agreement with Pyxis
- Harvest appoints Pyxis as exclusive reseller of Nodestream™ technology in Middle East, North Africa, Turkey, India, and South Africa
- Pyxis to leverage its established networks and technical capabilities to drive adoption in national security, energy, marine, and government sectors
- Revenue share agreement with performance-based equity options for Pyxis
Harvest Technology Group Limited (ASX:HTG) has executed a binding agreement with Pyxis Controls, appointing Pyxis as the exclusive reseller of Harvest's Nodestream™ technology suite across the Middle East, North Africa, Turkey, India, and South Africa (MENATISA) regions. Under the terms of the agreement, Pyxis has been granted exclusive regional rights to represent, integrate, and commercialise Harvest's Nodestream™ solutions. Acting as Harvest's exclusive technology integration partner, Pyxis will leverage its established networks and technical capabilities to drive adoption within key sectors including national security, energy, marine, and government communications. The agreement outlines a framework for joint business development, technical enablement, market support and training. In return, Pyxis will provide localised integration, sales, and customer support services, while both parties share revenue derived from product sales, licensing, and integration projects within the territory. Exclusivity and the granting of equity options is subject to defined performance milestones and periodic review, ensuring continued alignment with market development objectives.
The partnership with Pyxis is positioned to deliver transformative communications capability to national security, energy, and government customers requiring assured connectivity under the most challenging operating conditions across the MENATISA region.