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MEMORANDUM OF UNDERSTANDING (MoU)
establishing Cooperation within the
GeoMechanics Next Consortium
Connecting Science, Engineering, Resources, and lnvestment Across Borders
' Between
Dnipro University of Technology, DniproTech
Dnipro, Ukraine
Represented by:
Professor Oteksandr Azyukovsky, PhD (Endin.)
Rector,
Member of the Board of the Ministry of Education and Science of Ukraine
Founding Academic and Technical Liaison for Cooperation:
Professor Volodymyr Bondarenko, D.Sc.
Head of the Department of Mining Engineering and Education
Dnipro University of Technology
and
Energy Kinetic lnvest XXI lnc. (ENKI tN2i)
New York State, USA
Represented by:
Boris Bankovsky, D.Sc. (Engineering)
Founder and President
and
Anna Adamovych, Ph.D. in Economics
New York State, USA
lnitiator and Founding coordinator of GeoMechanics Next consortium
PREAMBLE
The Parties recognize that the accelerating pace of technological change, resource
development, infrastructure modernization, energy transition, environmental
challenges, and economic transformation requires unprecedented levels ofinternational cooperation am0ng universities, research institutions, engineering
organizations, industry leaders, investors, government entities, and develoPment
partners.
The parties further recognize that scientific knowledge, engineering expertise,
innovation capacity, investment capital, and institutional experience are often
dispersed across countries, sectors, and organizations. Meaningful progress
increasingly depends upon the ability to connect these capabilities through trusted
international collaboration.
To facilitate such cooperation, the Parties agree to establish, support, and participate
in the development of GeolVlechanics Next Consortium, an international
collaborative platform desigrred to connect scientific expertise, engineering
capabilities, resource development opportr-rnities, infrastructure initiatives, investment
partnerships, and innovation ecosystems across the United States, Ukraine, Europe,
and other partner countries.
GeoMechanics Next Consortium serves as a convening platform where knowledge,
expertise, technologies, resources, and strategic partnerships may be identified,
coordinated, and advanced through international cooperation. The Consortium seeks
to foster long-term collaboration through research initiatives, technical working groups,
workshops, conferences, educational programs, technology transfer activities, project
incubation, grant-funded initiatives, investment-supported projects, and
multidisciplinary partnerships.
The Parties share a common commitment to advancing scientific excellence,
engineering innovation, responsible resource development, workforce advancement,
infrastructure modernization, and sustainable economic growth through international
cooperation.
The Parties acknowledge that future parlicipation in GeoMechanics Next
Consortium may include universities, research institutions, engineering
organizations, professional associations, industry stakeholders, investors,
foundations, government agencies, development organizations, and subject-matter
experts from multiple countries.
The Parties further acknowledge that future cooperation with Dnipro University of
Technology may involve various faculties, departments, institutes, laboratories,
research centers, academic units, faculty members, researchers, engineers, students,
and experts depending upon the scope and requirements of specific initiatives.
This Memorandum is intended to support cooperation with Dnipro University of
Technology as an institution and is not limited to any single department, faculty,
institute, Iaboratory, research center, or academic unit.
1. PURPOSE
This Memorandum of Understanding establishes a framework for cooperation among
the Parties and supports the development of GeoMechanics Next Consortium as an
international platform for collaboration, innovation, project development, and strategic
partnership building.
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