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Echelon Materials received a $750,000 letter of intent from Gibbs International to fund manufacture of a loom to mass produce TiTek fabric for commercial armor. The funding is conditional on Echelon raising an additional $450,000.
“We are excited to partner with Mr. Muller and the Echelon team.”textileworld.com
Summarized from public sources; check the original articles before acting on it.