Hong Kong, June 18, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the "Company" or "Luda Technology"), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company signed a memorandum of understanding (the "MOU") to acquire 55% shares in Asia AI Data Centre & Quantum Technology Company Limited (“Asia AI Quantum Technology”) with a consideration comprising cash of USD400,000 and issue of ordinary shares of the Company amounting to USD535,000. This proposal marks strategic entry into data centre and AI computing infrastructure industry.
