Australian startups get government support
The Victorian government will provide investment to new manufacturing plants to change the future of electric vehicles (EV) motors. Kite Magnetics was founded in 2021. Dr. Richard Parsons, CEO, jointly developed its temporary nano -crystal motion/generator core technology that has temporarily obtained patented patented. The technology is Aeroperm, located in Monash, Melbourne University. Initially, considering the development of aerospace, aviation is said to be an ultra -efficient material for the lighter, more compact and more efficient motor for vehicles. Smaller motors means smaller electric battery batteries, so it reduces weight, which will lead to a larger driving range. Can be available through hundreds of new car transactions Carexpert Now. Let experts stand by you and score a lot. Browse now. Although the kite magnet has received the support of many leading venture capital companies including the Victoria 2B Sovereign Fortune Fund, it has now received extra support from the state government and uninterrupted support. This includes investing in the new…
Hero MotoCorp announces launch of ‘Hero For Startups’ accelerator
Hero MotoCorp has launched the 'Hero for Startups' program in India to support innovation and entrepreneurship. The program aims to provide start-ups with mentorship, funding opportunities and access to Hero MotoCorp’s network and resources. The program focuses on areas such as mobility, sustainability and technology and is part of the company's efforts to foster innovation and foster collaboration. Through this initiative, Hero MotoCorp seeks to build a strong ecosystem that encourages startups to grow and contribute to India’s economic progress. Startup Heroes Program: Key Highlights The leading Indian two-wheeler manufacturer has launched the 'Heroes for Startups' (HFS) program with a mission to "redefine mobility in Bharat and beyond". The HFS program aims to identify and support innovative startups in India that have the potential to revolutionize the automotive industry. The automaker said the initiative is in line with its vision to "be the future of mobility" and aims to build a vibrant ecosystem of technology innovation and talent. Also read:…
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