Cylite Awarded $900,000 Accelerating Commercialisation Grant by Australian Government

Cylite has been awarded a $900,000 Accelerating Commercialisation Grant by the Australian Government Department of Industry, Innovation and Science. The grant covers a period of 18 months and will support the final development and trials of Cylite’s Hyperparallel OCT™ for Ophthalmology and Optometry applications. The Accelerating Commercialisation program service helps businesses, entrepreneurs and researchers to commercialise novel products, processes and services with significant market potential.

Some of Cylite’s staff celebrating the award of the $A900k Accelerating Commercialisation grant