NOVONIX To Receives Up To C$3M From The Government Of Canada For Cathode And Data Product Research & Development
Portfolio Pulse from Benzinga Newsdesk
NOVONIX is set to receive up to C$3M from the Government of Canada for research and development of cathode and data products. The funding is expected to boost the company's R&D efforts.
September 27, 2023 | 6:15 am
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NOVONIX is set to receive a significant funding boost from the Canadian Government for its R&D efforts. This could potentially accelerate the company's development of cathode and data products.
The funding from the Canadian Government is a significant boost for NOVONIX's R&D efforts. This could potentially accelerate the company's development of cathode and data products, which could lead to increased revenues in the future. Therefore, this news is likely to have a positive impact on the company's stock price in the short term.
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