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GH Power and TKMS Continue to Explore Clean Energy Collaboration in Support of Canada’s Future Patrol Submarine Project

$MTNBPress releaseJul 30, 2026, 8:00 AM ETRead the release

GH Power, which is set to merge with Matinas BioPharma (MTNB), confirmed it is exploring a collaboration with TKMS to support the Canadian Patrol Submarine Project under a non-binding MOU. The initiative aims to integrate GH Power's clean energy and advanced materials technologies into naval supply chains, potentially securing non-dilutive funding through Industrial and Technological Benefits.

Key figures

Financing condition usd
15000000
Ownership percent post merger
91%

AI analysis

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