Powerhouse Ventures Ltd. (AU:PVL) has released an update.
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Powerhouse Ventures Limited (PVL) has made a follow-on investment of A$150,000 in Liquid Instruments, which recently raised over USD$12m to launch a new product aimed at a market ten times larger than its current range. Additionally, PVL is taking steps to reduce its cash burn by transitioning its share registry services, with details to be provided to shareholders later. The company continues to focus on advancing emerging intellectual property in sectors such as Electrification & Decarbonisation and Next Generation Computing.
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