Ellex Medical Lasers Limited
(ASX:ELX) says it has won a $2.5 million grant from the Federal Government.
The award is part of the Next Generation Manufacturing Investment Program and will be spent on expanding the manufacturing capability to satisfy international demand for is lasers and ultrasounds.
Ellex recently relocated its manufacturing site from the Adelaide CBD to Mawson Lakes around 15 kilometres further north.
The grant money will be paid to Ellex over a period of up to 3 years.
