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://business.gov.au/grants-and-programs/cooperative-research-centres-projects-crcp-grants/crc-projects-selection-round-outcomes
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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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- Ann: PENTANET AND CANOPUS SECURE $2 MILLION GRANT
Ann: PENTANET AND CANOPUS SECURE $2 MILLION GRANT, page-4
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