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Strategic Elements Ltd ( (AU:SOR) ) has issued an update.
Strategic Elements Ltd provided an update on its ventures, highlighting significant progress in its Energy Ink™ technology and the AxV Platform. Energy Ink™ is in collaboration with the University of New South Wales and focuses on energy generation from moisture, with plans for expanded trials and global collaborations. Stealth Technologies, another venture, is advancing the AxV Platform, integrating autonomous vehicles and AI. It is working on applying this technology in underground mining, having signed an MOU with an Australian mining company for potential development and trial applications.
More about Strategic Elements Ltd
Strategic Elements Ltd operates as a venture builder, focusing on high-risk, early-stage ventures by collaborating with leading scientists and innovators. The company is a registered Pooled Development Fund, aiding Australian SMEs through tax-incentivized, patient equity capital, thus facilitating long-term innovation and growth.
YTD Price Performance: -18.00%
Average Trading Volume: 205,889
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$19.22M
For an in-depth examination of SOR stock, go to TipRanks’ Stock Analysis page.