KordTech, which wholly owns Kord Defence, holds the Group’s core IP (see here) and provides a focal point for investment. It has over 20 private shareholders and shares a common board with Kord Defence.
Kord Defence has a licence from KordTech to commercialise Kord®IT for defence, homeland security and law enforcement markets.
WetPC, which has separate shareholding and Board, has a licence for underwater applications.
The structure shown below allows for the creation of additional companies as the core technology is commercialised in new markets.