Tenasitech secures $509, 000 funding

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Australian company TenasiTech has been awarded a major grant from the Australian Government to bring its nano-additives for acrylic glass to the global market. As a recipient of support under the Australian Government’s Accelerating Commercialisation program, TenasiTech will receive AU$509,000 to complete the marketing phase of its radical approach to toughen the surface of acrylic glass.

CEO, Richard Marshall, said, “We are thrilled by the support offered by this grant. Companies are showing strong interest in having more durable, glossy surfaces inside cars, around computer screens and in the many other uses for acrylic glass. This is something we offer in a simpler and cheaper way than the current coating techniques.”

TenasiTech has developed an additive product, SOLID-TT™, for acrylic glass to withstand scratching and maintain its glossy appearance. The poor scratch resistance of acrylic glass is a key barrier to the more widespread replacement of traditional glass.

Mr Marshall added, “We offer a solution which is safe, easy to incorporate and cheaper for manufacturers of acrylic sheets and injection molded parts. What’s more, our solution allows more design options to our customers, as the plastic can be shaped and bent unlike our competitors.”

TenasiTech operates globally, with facilities in Australia and the US. The company owns and controls a number of patent applications and granted patents. The underlying patented technology was developed at The University of Queensland and was licensed from UniQuest, the main technology transfer company at The University of Queensland, to TenasiTech in 2007. Read more at www.tenasitech.com

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