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HITIQ Opens US Defence Research Pathway Despite Tight Cash Runway
9:27am on Friday 30th of October, 2026 AEDT
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Healthcare equipment
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HITIQ Opens US Defence Research Pathway Despite Tight Cash Runway
9:27am on Friday 30th of October, 2026 AEDT
Key Points
Non-binding US military research collaboration signed
Cash balance of $658,242 after $1.453 million operating outflow
Estimated funding available for approximately one quarter
$1.5 million R&D facility drawn to $750,000 at 12% interest
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