Ann: Sensera completes A$2.5m private placement, page-91

Some more information on the USICA , with $52 Billion earmarked for the semi-conductor industry, this should become an avenue for funding for future growth of Sensera. It's the very intent of the programme. I'm confident this hasn't been priced into our MC in any way whatsoever.

...

The United States Innovation and Competition Act (“USICA”) passed the Senate on June 8, 2021. The bill, a rare bipartisan effort, would pour funding into research, design, and manufacturing initiatives in key technological and infrastructure sectors. If ultimately adopted, the USICA will have significant implications and opportunities for organizations ranging from manufacturing and mining to universities/higher education. The bill suggests that Federal grant funding may become a significant revenue source for organizations going forward, particularly for organizations in critical industries.

Semiconductor Manufacturing

In an effort to reverse the declining market share of U.S. manufacturers in the highly strategic semiconductor space, this section of the Act provides $52 billion in funding for semiconductor research, design, and manufacturing initiatives. This would effectively implement the CHIPS for America Act provisions included (and authorized) earlier this year as part of the 2021 National Defense Authorization Act.

The authorized programs under the CHIPS for America Act include new incentive programs within the Department of Commerce, which provide financial assistance to entities constructing, expanding, or modernizing a facility or equipment used for commercial semiconductor fabrication, assembly, testing, advanced packaging, and R&D facilities (FY21 NDAA Sec. 9902 (a), p. 1447).

To further facilitate domestic research, prototyping, and workforce development in the semiconductor industry, the Act creates a National Semiconductor Technology Center, a National Advanced Packaging Manufacturing Program, and additional R&D Programs within the Department of Commerce, which will incorporate private sector and interagency participation. In response to supply chain vulnerabilities in the U.S. Semiconductor industry that have emerged in recent years, this portion of the Act authorizes $1.5 billion for the Public Wireless Supply Chain innovation fund and $500 million for CHIPS for America International Technology Security and Innovation Fund, to support the adoption of a secure semiconductor supply chain. This funding provides additional opportunities for industry to engage with the Federal Government to identify and ameliorate gaps in the supply chain.

Given the likelihood of the bill’s passage, organizations with operations in any of the fields affected by the USICA should begin positioning themselves to apply for grant funding immediately.