Bombora Wave Power, has been granted $130,861 for the advancement of its wave energy technology. Bombora is one of the 20 companies to benefit from the $7.3 million in commercialisation grants assistance.
Wyatt Roy, Assistant Minister for Innovation, said: “The projects featured in this announcement are brilliant examples of Australia’s innovative ideas, and include the world’s first Kinetic Manufacturing 3D printer and an award‐winning wave energy converter system. The commercialisation of these products will advance our industries and create new opportunities, as well as ensuring Australia’s intellectual property is protected.”
Bombora Executive Director, Shawn Ryan said “This is a fabulous outcome for Bombora.”