Non-Dilutive Grant Funding for Consumer electronics This Quarter AnteoTech was awarded grant funding from the Queensland Critical Minerals and Battery Technology Fund (QCMBTF) for up to $1.39 million. The funding under the QCMBTF will support the purchase of pouch cell manufacturing and testing equipment to accelerate the commercialisation of the Ultra-high silicon anode. The programme will focus on the finalisation of the development of an anode capable of 800 cycles at 80% capacity retention and will accelerate AnteoTech’s development of its consumer electronic products. This funding will enable AnteoTech to become a small-scale anode manufacturer, reducing its dependence upon external partners.
We have passed the 800 cycles at 80% retention? What other terms could be in the grant or is it now payable to ADO? How far away are from "production" to get the $1.39M. Production also implies sales.
Talking of production are we still producing Anteobind? https://www.aladdinsci.com/anteobindtm-sub-micron-bioactive-small-molecules-by-aladdin-scientific-a487970.html 5mg for US$950
ADO Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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