EMVision to Receive $1.17M IGP Grant Instalment
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| Stock | Emvision Medical Devices Ltd (EMV.ASX) |
|---|---|
| Release Time | 25 May 2026, 8:20 a.m. |
| Price Sensitive | Yes |
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EMVision Receives $1.17M IGP Grant Instalment
Key Points
- EMVision receives $1.17M from IGP grant
- Part of $5M grant for First Responder Brain Scanner
- $2.83M remaining in grant funding
Full Summary
EMVision Medical Devices Ltd has received a $1.17 million instalment from the Australian Government's Industry Growth Program (IGP). This payment follows the company's achievement of required milestones under the First Responder program. In June 2025, EMVision was awarded a $5 million non-dilutive IGP grant to support the global commercialisation of the First Responder Brain Scanner. The grant payments are made quarterly based on forecast expenditure and are subject to progress against agreed program milestones. To date, EMVision has received $1 million under the IGP, with $2.83 million still available.
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