Panorama Synergy a partner in successful ARC Linkage Grant by the University of Western Australia
Panorama Synergy Ltd (ASX:PSY) is pleased to announce the University of Western Australia has been successful in obtaining a 2011 Commonwealth Government grant for the purchase and installation of an item of specialised opto- magneto-electronics equipment.
The Company is a collaborating partner in the project and expects to make significant use of the equipment during its research activities.
The approximate cost of both the equipment and its installation will be in the order of $700,000. The Company's contribution will be $35,000.
A further and more detailed announcement will be released when the installation and delivery plans are finalised.
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