from the 27th march announcement Up to $1.39 million allocated...

from the 27th march announcement

• Up to $1.39 million allocated to AnteoTech as a grant under the Queensland Critical Minerals and Battery Technology Fund

• Programme to develop a prototype and then commercially available anode ultra high silicon anode
  for a pouch cell battery - suitable for the high growth consumer electronics market

$1.39m for a program to develop an ultra high silicon anode suitable for consumer electronics market.

from the same announcement

"The Generation 1 anode, targeting customer in the consumer goods market, is the first commercialisation milestone for AnteoTech’s Ultra High Silicon Anode program. A Generation 2 anode targeting of >1,000 cycles at 80% capacity for storage and EV applications is also under development."

from the company update and webinar a month beforehand



David said in the webinar the splitting into 2 different generations was for funding purposes. what are the chances of further funding????