26 October 2017

Quarterly Update: October 2017


There has been an extraordinary amount of activity over the last quarter and below we highlight key developments and Executive Chairman Dr Kevin Moriarty provides his review.

HIGHLIGHTS

KEY DEVELOPMENTS

  • $8.4m in IPO funds promised by cornerstone investors following $2.5m seed raise
  • IPO in preparation for early 2018
  • 3000 square metre R&D facility leased for build of 10MWh TESS-IND and test cell of TESS-GRID

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9 October 2017

Delivering technology that meets the needs of South Australia  


“Storage is the answer and the key to all our problems”. This comes from Minister Koutsantonis at his announcement of over 60 applications to the Renewable Technology Fund. We were pleased to join him today at the press conference for this announcement, where we announced our own three proposals for the Fund.

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25 September 2017

September Update


1414 Degrees has recently undertaken a private capital raising targeted at cornerstone investors, securing $2.5 million at 15c per share in pre-Initial Public Offering (pre-IPO) funding from across the globe.

Many of these investors have also reserved an allocation of shares in our upcoming IPO.

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28 August 2017

1414 Degrees to bid for slice of State Government’s renewable energy scheme for silicon storage power plant


Our aim to bid for a slice of the SA Government’s renewable energy scheme to bring storage and stability to the energy market has made the news.

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