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Liberaware shares extend rally following selection for MLIT’s AB-Cross Project
Liberaware <218A> shares extended their gains in Tokyo trading on April 20. Around 11:00 a.m., the company announced that its joint demonstration project was selected for the Ministry of Land, Infrastructure, Transport and Tourism’s (MLIT) fiscal 2026 "Water and Sewage Integrated Innovative Technology Demonstration Project" (AB-Cross), fueling investor optimism.
The project centers on the "IBIS2" drone, which is specialized for operation in narrow, high-water environments within sewer pipes. By combining high-definition video imaging with AI analysis, Liberaware aims to replace traditional qualitative assessments with more accurate and efficient inspection technology. The initiative seeks to realize "No Entry" surveys?eliminating the need for human workers to enter hazardous pipelines?by improving the drone’s flight range and environmental resistance.
The proposal was jointly submitted by a consortium including Liberaware, Nippon Koei <261A>, Kansei Kogyo, Acuity, and the City of Chiba.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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