We have released our Quarterly 4C Activities and Cashflow Report for the period ended 31 December 2025, marking a quarter of strong momentum across the Aurora Energy Precinct and our portfolio of silicon-based technologies.
During the quarter, we continued to position the Aurora Energy Precinct as a nationally significant, multi-use energy and infrastructure hub, anchored by our proposed 140 MW / 280 MWh Battery Energy Storage System (BESS). Subsequent to quarter end, we achieved a major regulatory milestone with AEMO and ElectraNet accepting the Generator Performance Standards for the Aurora BESS. This represents a material de-risking event and advances the project toward connection to the National Electricity Market.
Aurora also attracted increasing interest from large-scale infrastructure and energy-intensive users, including hyperscale data-centre developers. This interest reinforces our long-held strategy to develop Aurora as a flexible precinct capable of supporting evolving demand from both the energy market and new digital and industrial sectors.
Alongside Aurora, we progressed multiple technology programs. Commercialisation of our Heat-as-a-Service offering continued, with SiBox® and SiBrick® supporting new industrial decarbonisation feasibility assessments. Technical development during the quarter demonstrated improved thermal cycling performance, supporting durability and cost-reduction pathways.
We also commenced active development of our SiNTL™ battery materials program following the acquisition of the exclusive global licence. In parallel, successful hydrogen and solid carbon production from our SiPHyR® reactors informed the design of a larger prototype, with construction commencing in the current quarter. Integration work between SiPHyR® and SiNTL™ has begun, targeting higher-value carbon–silicon composite battery materials.
Our execution capability was further strengthened with the appointment of Dr Peter Yaron as Chief Technology & Operations Officer, enhancing our ability to deliver across our expanding development and commercial pipeline.
Commenting on the quarter, Executive Chair Dr Kevin Moriarty said the period reflected a strong focus on delivery and progress across our priority initiatives.