As a pioneering start-up technology company our strategy is focused on forming partnerships. Our mission is to become the innovative R&D partner of the tire market entrepreneur, mainly tire manufacturers. In such partnerships our company will initially provide the Galileo Wheel tire design and IP while our partners will utilize their production and logistics capabilities to produce the tires and market them to end users and OEs. During the market acceptance phases, Galileo Wheel will support its various partners to improve the tire engineering allowing for even better performance and market compatibility.
As our first targeted market is Agriculture, Galileo Wheel signed its first licensing agreement with Mitas, now under the Trelleborg group, a worldwide leader in Agriculture and Construction tires.