The federal government announcement this afternoon has been noted as a decision already made, and budgeted for in the mid-year budget update before Christmas.
It relates to changes to University research funding that began at the start of the pandemic. More money is being steered to startup phase. A phase I think we are beyond.
AnteoTech doesn't really need direct government handout. It needs TGA approval and some guaranteed offtake agreements if production is to be scaled.
The federal government announcement this afternoon has been...
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