1414 Degrees provided an update to the ASX, outlining progress on key milestones during the period ending 30 September 2024.
Executive Chairman, Dr Kevin Moriarty wrote to shareholders summarising key updates including progress on:
- Oversubscribed SPP raised $1.08 million to fast-track projects
- Secured up to $4.7 million from Lind Partners to fund SiBox® installations
- Submitted proposals to multiple Australian manufacturers to integrate SiBox and reduce gas use
- Advanced SiPHyR™M hydrogen project with CRC-P funding and Woodside partnership
- Progressed transmission agreement for 140MW battery in Aurora Energy Precinct