yes, I’m pretty sure profits will be flowing before the 3 year funding concludes.
You may have missed this in the same announcement:
”AnteoTech expects technical work on the program to commence in November 2024, with design and construction of the Brisbane site in early 2025.”
”ARENA funding will help AnteoTech progress to a larger scale of prototyping, which will enable further testing of the technology by AnteoTech and its prospective customers.”
“We’re hopeful this technology has the potential to be quickly integrated in existing manufacturing processes so that the benefits can be accessed by customers in a timely manner.”
Add to My Watchlist
What is My Watchlist?
