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Press releaseGlobeNewswire· March 24, 2026
Polyrizon Intends to Acquire up to 20% Stake in Colugo, Developer of Advanced eVTOL Drones for Defense and Urban Air Mobility Applications
View original at globenewswire.comPolyrizon Intends to Acquire up to 20% Stake in Colugo, Developer of Advanced eVTOL Drones for Defense and Urban Air Mobility Applications The Company signed a non-binding MOU with shareholders of Colugo…
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Polyrizon's C&C hydrogel technology potentially functions as a 'biological mask' with a thin shield containment barrier in the nasal cavity
60% confidenceThe closing of Polyrizon's acquisition of the Colugo shares is expected to occur promptly (and in any event within 7 days) following satisfaction of the conditions set forth in the MOU
60% confidenceColugo's ARC aircraft range combine long-distance flight, prolonged hovering capabilities, and ultimate wind endurance in a VTOL vehicle - a one-of-a-kind package that is unparalleled in the market
60% confidence