Cylite awarded Advanced Manufacturing Grant Funding for expansion of Hyperparallel OCT manufacturing facilities

Cylite has been awarded a $A739,000 Advanced Manufacturing Fund grant by the Australian Government Department of Industry, Innovation and Science.

The grant will support the expansion of Cylite’s manufacturing capability for its Hyperparallel OCT for Ophthalmology and Optometry applications overs the next 18 months. The Advanced Manufacturing Fund provides funding of between $500,000 to $2.5 million to establish or expand advanced manufacturing activities in Victoria and South Australia.