Nanollose Ltd. (AU:NC6) has released an update.
Nanollose Limited, a biomaterials company known for its eco-friendly technology, has secured a $200,000 R&D loan from Asymmetric Innovative Finance, bolstering its research endeavors. The loan, tied to anticipated R&D tax rebates, will support Nanollose’s development of sustainable materials like their Tree-Free cellulose and environmentally friendly fibres. The company continues to advance, having already sent out its innovative fibres for industry testing and evaluation.
For further insights into AU:NC6 stock, check out TipRanks’ Stock Analysis page.
