5GG 8.16% 5.3¢ pentanet limited

Ann: PENTANET AND CANOPUS SECURE $2 MILLION GRANT, page-4

  1. 3 Posts.
    lightbulb Created with Sketch. 2
    I'm guessing most of that money will be used by Canopus and UNSW considering the CEO of Canopus is a professor at UNSW.
    Pentanet just got their name on there because they own 11.45% and will be used as a testing platform for Canopus, I doubt they'll have any meaningful impact or input into this.

    Looking at some of the available resources on the grant it does look like its UNSW led and run.
    https://www.unsw.edu.au/news/2023/07/unsw-sydney-leads-in-the-latest-round-of-crc-p-funding

    https://hotcopper.com.au/data/attachments/5408/5408361-7e76b8a450d7f61d5b5b2afaae64c7c6.jpg
    https://business.gov.au/grants-and-programs/cooperative-research-centres-projects-crcp-grants/crc-projects-selection-round-outcomes
    https://hotcopper.com.au/data/attachments/5408/5408370-85b746f1af6e878d939aa5e6da5b6381.jpg


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    They can't use the money they get for anything but the research project, from the grants page.
    https://business.gov.au/grants-and-programs/cooperative-research-centres-projects-crcp-grants

    You can use the funding to cover costs directly related to your project including:
    • new research
    • proof of concept activities
    • pre-commercialisation of research outcomes
    • industry-focused education and training activities
    • conferences, workshops, symposia related to the joint research
    • information sharing and communications related to the research.
 
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