SOR on Small Caps:https://bit.ly/35VdjtxToday’s announcement...

SOR on Small Caps:

https://bit.ly/35Vdjtx

Today’s announcement provides clarification on the company’s timeline following a steady stream of recent news including a new collaboration between its subsidiary Australian Advanced Materials, the University of New South Wales and the CSIRO to develop self-charging ink battery cells, an achievement relating to its subsidiary Stealth Technologies’autonomous security vehicle agreement with US-based Honeywell, and Stealth’s new partnership to develop an automated weed detection and management device.

The fund also closed an oversubscribed share purchase plan, accepting $5.1 million of the $6.8 million in received applications. The funds are intended to “dramatically accelerate development in current projects and to seek further acquisitions”.

Strategic Elements managing director Charles Murphy today said the top priority is the collaboration with Honeywell, given the autonomous security vehicle’s “very large market opportunity in the perimeter security sector”.

SOR on 6PR News: Link to media interview with Matt Birney

Strategic Elements: Welcome to the 22nd century - robot Centurians patrolling our prisons.

https://www.6pr.com.au/strategic-elements-welcome-to-the-22nd-century-robot-centurians-patrolling-our-prisons/