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AirBoss of America Corp.'s subsidiary AirBoss Defense Group completed the acquisition of BlackBox Biometrics, developer of the Blast Gauge System of wearable blast overpressure sensors. The deal includes $7 million cash paid at closing and up to $20 million in royalties over eight years.
“US$7 million in cash was paid on closing today, and the balance, up to an additional US$20M, will be paid in royalties over eight years.”airboss.com
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