Aion-Tech Solutions Signs MoU with Bulgaria's Theoremus AD for Smart City Tech
Aion-Tech Solutions has signed a Memorandum of Understanding (MoU) with Bulgaria's Theoremus AD. The collaboration focuses on developing smart city solutions for mobility integration and EV operations in India, with initial pilots in Telangana and Karnataka. The MoU is valid for 12 months.
The MoU is a strategic partnership aimed at developing new solutions for smart cities, which has the potential to positively impact the company's future growth and market position. However, it is an initial step and the actual impact will depend on the successful execution of pilot projects and scaling of solutions.
The MoU represents a strategic collaboration that could lead to new business opportunities and technological advancements for the company in the smart city domain.
AION-TECH SOLUTIONS LIMITED (formerly Goldstone Technologies Limited) has announced the execution of a Memorandum of Understanding (MoU) with Theoremus AD, a Bulgarian company specializing in improving urban quality of life through technology and AI. The MoU was signed on December 22, 2025.
This strategic collaboration aims to jointly develop, deploy, and scale advanced multimodal mobility integration, data orchestration, and EV-operational intelligence solutions across Indian cities. Initial pilot projects are planned for Telangana and Karnataka. The MoU establishes an integrated ecosystem connecting metro, bus, EV fleets, parking systems, loT devices, CCTV, and security infrastructure into a unified operational layer powered by Theoremus's multimodal transport orchestration platform.
The agreement does not involve any special rights such as the appointment of directors, first right to share subscription in case of share issuance, or restrictions on capital structure. Theoremus AD is not related to Aion-Tech's promoters or group companies, and the transaction does not fall within related party transactions. The MoU is valid for 12 months from December 22, 2025, and can be terminated by either party with 30 days' written notice.
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