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HITIQ Secures Australian Sports Commission Grant for Brain Health Innovation

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HITIQ Secures Australian Sports Commission Grant for Brain Health Innovation

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HitIQ Limited ( (AU:HIQ) ) just unveiled an update.

HITIQ Limited has been awarded a prestigious grant from the Australian Sports Commission under ‘The Park’ innovation programme, which supports cutting-edge sports technology development. This grant will enable HITIQ to further develop and validate their PROTEQT™ technology within elite sporting environments, enhancing their market credibility and positioning them as a leader in athlete brain health protection across Australian sports. The initiative will also facilitate the adoption of their technology by National Sporting Organisations, Olympic and Paralympic sports, and community sports, contributing to the development of national safety standards and evidence-based policies for brain health.

The most recent analyst rating on (AU:HIQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on HitIQ Limited stock, see the AU:HIQ Stock Forecast page.

More about HitIQ Limited

HITIQ Limited operates in the sports technology industry, focusing on head impact detection, concussion management, and athlete brain health monitoring solutions. Their primary product, PROTEQT™, is designed to improve athlete safety and wellbeing by providing advanced sensor capabilities and data analytics for brain health monitoring.

Average Trading Volume: 653,781

Technical Sentiment Signal: Buy

Current Market Cap: A$12.67M

See more data about HIQ stock on TipRanks’ Stock Analysis page.

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