Audeara Secures Loan to Boost R&D Initiatives
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Audeara Ltd. has secured a loan from Sturt Capital Pty Ltd to enhance its R&D in personalized audio technology. This move aims to leverage the Australian Government’s R&D Tax Incentive program, providing immediate funding to accelerate product development. The loan is secured against the anticipated R&D tax rebate for FY25, highlighting Audeara’s commitment to innovation and value for customers and shareholders.
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