Imagine And Primary Markets
Primary Markets is assisting us raise additional capital that will be used to assist us take several products to market and support continuing development on products being launched by spin out companies. You have to be registered with Primary Markets to invest. You will find the details here.
This is an exciting time for us.
We recently spun out Imagine Resources Technology Pty Ltd (IRT), which will commercialise sensing conveyor systems for mining. This is a massive market. Earlier this week I signed an agreement with ACARP who are providing a grant that will significantly assist in the development of initial proofs of concept.
In Finland we have spun out Imagine Sensing Buildings Oy (ISB). ISB is focusing on leak location in buildings. The first commercial installation undertaken with our partner Stora Enso, one of the largest timber construction materials companies in the world, was successful, and the next step is to move into commercial production for that particular solution. In parallel ISB is developing prototypes of our solution in conjunction with other materials.
We are continuing to develop the On-Q product line in conjunction with Austeng in Geelong and are going to debuting a solution at the MAV conference in Melbourne in April. On top of that we have been working with Hayball Architects to develop an installation for Melbourne Design Week that delivers their conceptual installation on Audio Architecture.
There is more in the pipeline. And you will find out about it if you participate in our zoomcast series of webinars. You can find out more if you email me at [email protected]