Canoo Shares Pop On Contract To Supply EV To US Army For Analysis

  • Canoo Inc GOEV is set to supply its electric vehicle to the U.S. Army for analysis and demonstration. 
  • The contract will support the U.S. military's focus on incorporating scalable and adaptable capabilities in operational and garrison environments.
  • Canoo's multi-purpose platform was recently selected by NASA for crew transportation vehicles to deliver astronauts to the Artemis launch site for lunar missions.
  • "This is another opportunity to prove our proprietary technology – which is customizable and adaptable for multiple use cases and special environments," said Chairman & CEO Tony Aquila.
  • Price Action: GOEV shares are trading higher by 9.52% at $3.91 in premarket on Thursday.
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