X-ray tech company, Micro-X (ASX:MX1) has secured a research and development tax incentive for the financial year ended 30 June 2020.
The R&D incentive totals $1.95 million after tax.
The cash rebate related to expenditure on eligible Australian R&D activities conducted during the 2020 financial year.
The amount is consistent with the company’s previous guidance.
Shares in Micro-X (ASX:MX1) are steady at 38 cents.