Wide Open Agriculture signs 3 new manufacturing deals

• Wide Open Agriculture signed three non-binding framework agreements to advance manufacturing pathways for its lupin-based ingredients.
• The company's stock remained unchanged at $0.011 following the market update.
• The deal expansion targets four manufacturing partners to assess technical and commercial feasibility across Asia.

Wide Open Agriculture (ASX:WOA) signed three additional non-binding framework agreements with manufacturers in Vietnam, India, and Indonesia to expand production pathways for its lupin-based ingredients.

The new deals build upon an initial framework agreement signed on Aug. 10, bringing the total number of prospective contract manufacturing partners to four.

The partner companies include Vietnam LifeScience, Shree Ram Agro Products, and PT Haldin Pacific Semesta.

All agreements protect intellectual property with binding provisions that remain enforceable for five years after termination.

Following the announcement, the Wide Open Agriculture share price was unchanged at $0.011.

The agreements establish key terms for prospective contract manufacturing arrangements covering the processing of lupin-based ingredients.

The parallel arrangements enable Wide Open Agriculture to evaluate technical feasibility while continuing to work towards securing a preferred long-term manufacturing partner.