Australia’s CEFC awards A$2 million to help scale new shark-inspired tech for aviation, shipping

Published 06:43 on June 14, 2022  /  Last updated at 06:43 on June 14, 2022  /  Asia Pacific, Australia, Aviation/CORSIA, International, Shipping  /  No Comments

Australia’s Clean Energy Finance Corporation (CEFC) has awarded a A$2 million ($1.4 mln) grant to a local company that has developed a unique technology to dramatically improve fuel efficiency for aviation and shipping and cut carbon emissions in both sectors, it announced on Tuesday.

Australia’s Clean Energy Finance Corporation (CEFC) has awarded a A$2 million ($1.4 mln) grant to a local company that has developed a unique technology to dramatically improve fuel efficiency for aviation and shipping and cut carbon emissions in both sectors, it announced on Tuesday.

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