# OptiCept signs global licensing agreement with FPS Food Process Solutions

OptiCept Technologies has entered into a global commercialization agreement with FPS Food Process Solutions, granting FPS an exclusive license to manufacture and commercialize OptiCept's PEF systems in defined food segments. OptiCept may receive up to SEK 820 million in license revenues over 20 years, with SEK 150 million guaranteed in the first five years.

- Type: Contract
- Announced: 2023-03-27
- Value: $78.0M (820.0M SEK)
- Status: announced
- Products: PEF (pulsed electric field) systems
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [OptiCept Technologies](https://endata.com/companies/69350.md)
- [FPS Food Process Solutions](https://endata.com/companies/29495.md) (partner)

## Sources

- [inderes.dk](https://www.inderes.dk/en/releases/opticept-signs-global-licensing-agreement-with-fps-what-does-this-mean-for-the-company), 2023-03-27: "This is a transformative agreement for OptiCept. Through the collaboration with FPS, our technology immediately gains access to a global industrial platform with established sales and production capacity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
