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Nanollose Ltd. ( (AU:NC6) ) just unveiled an update.
Nanollose Ltd has reported significant progress in transitioning from research and development to commercialisation, supported by a strategic $2.1 million capital raise. This funding will bolster the company’s efforts in advancing its projects in sustainable fibres, vegan leather, and soilless growth technology. The company has received positive feedback on its Nullarbor and Nufolium fibres and continues to explore partnerships in the horticulture sector, aiming to expand its market presence and innovation in bio-materials.
More about Nanollose Ltd.
Nanollose Ltd is a bio-materials company that specializes in commercializing scalable technology to produce sustainable fibres, fabrics, and materials derived from microbial cellulose. The company’s focus is on developing innovative products in the textiles and agricultural sectors, with a market emphasis on environmentally friendly solutions.
YTD Price Performance: -20.0%
Average Trading Volume: 270,493
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.2M
For detailed information about NC6 stock, go to TipRanks’ Stock Analysis page.
