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An update from Li-S Energy Ltd ( (AU:LIS) ) is now available.
Li-S Energy Limited has received a $3.0 million R&D tax refund from the Australian Federal Government’s R&D Tax Incentive program, which supports industry investment in research and development. This refund, along with a $7.8 million ARENA grant, will aid the company in advancing its next-generation battery technologies, potentially enhancing its position in the high-performance battery market.
More about Li-S Energy Ltd
Li-S Energy (ASX: LIS) is focused on commercializing advanced lithium-sulfur and lithium-metal battery cells, which offer more than double the energy density of traditional lithium-ion batteries. The company’s technology, which includes BNNTs and Li-Nanomesh™, targets high-performance sectors such as drones, electric aviation, and defense.
Average Trading Volume: 363,698
Technical Sentiment Signal: Hold
Current Market Cap: A$92.83M
See more data about LIS stock on TipRanks’ Stock Analysis page.