A promising announcement when looking at the long term vision. Upfront revenue already in is a big plus and positive endorsement of the technology.
Showing the effectiveness of the RTZO technology in China with a reputable distributor will only create more awareness and demand. The agtech industry is often slow to adopt innovation.
It also looks like they are lining up a few similar deals in other regions.
ROO Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held