diff --git a/NOTICE b/NOTICE
new file mode 100644
index 0000000..ba2a046
--- /dev/null
+++ b/NOTICE
@@ -0,0 +1,38 @@
+This project builds a Linux-based system image that includes
+third-party software under various open-source licenses,
+including GPLv2, Apache 2.0, BSD, and MIT.
+
+Notable components:
+
+Core system:
+- Linux kernel (GPLv2)
+  - Based on NXP LSDK (lf-6.x series)
+- BusyBox (GPLv2)
+- Alpine Linux base system and packages (various licenses)
+
+Container runtime stack:
+- CRI-O (Apache License 2.0)
+- runc / crun (Apache License 2.0 / GPL-compatible)
+- conmon (Apache License 2.0)
+- CNI plugins (Apache License 2.0)
+
+Kubernetes components:
+- kubelet (Apache License 2.0)
+- kubeadm (Apache License 2.0, optional depending on usage)
+- kubectl (Apache License 2.0, optional)
+
+Networking:
+- flannel (Apache License 2.0, if included)
+- nftables / netfilter (GPLv2)
+
+System utilities:
+- iproute2 (GPLv2)
+- e2fsprogs (GPL/LGPL)
+- util-linux (various licenses)
+
+Source code for all included open-source components is available
+from their respective upstream projects. This project does not
+modify these components unless explicitly stated.
+
+For GPL-licensed components, source code is available upon request
+or via the original upstream sources.
diff --git a/README.md b/README.md
index d8f5b81..6e6b24d 100644
--- a/README.md
+++ b/README.md
@@ -1,6 +1,6 @@
 # monok8s
 
-Kubernetes image for Mono Gateway Development Kit
+Kubernetes node firmware (built with Linux) for Mono Gateway Development Kit
 
 https://docs.mono.si/gateway-development-kit/getting-started