PPK Group Ltd (PPK) is pleased to announce it has signed a binding Heads of Agreement with one of Australia’s leading technology incubator and commercialisation companies, Australian Innovation Centre Pty Ltd (AIC), for the acquisition of 100% of AICIC.
AICIC owns 50% of BNNT Technology Limited, a joint venture between the AICIC and Deakin University of Victoria to commercialise Deakin University’s patented Boron Nitride Nanotubes (BNNT) Manufacturing Technology. Over the past 10 years Deakin University has developed the world’s only known technology for manufacturing BNNT in bulk therein enabling it to open world markets for this unique and highly sought product. BNNT Technology Limited holds a 20 year exclusive licence over the BNNT manufacturing technology
