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Grant Award View - GA31924-V1
Accelerating Commercialisation
GA ID:
GA31924-V1
Agency:
Department of Industry, Science and Resources
Approval Date:
16-Nov-2018
Variation Publish Date:
22-May-2020
Variation Date:
21-May-2020
Category:
Business Development
Grant Term:
9-Jan-2019 to 31-Dec-2025
Value (AUD):
$1,100,000.00
(GST inclusive where applicable)
Varies:
GA31924
- Accelerating Commercialisation
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 18/19 Growing Business Investment & Improving Business Capability
Grant Program:
Entrepreneurs' Programme – Accelerating Commercialisation
Grant Activity:
Accelerating Commercialisation
Purpose:
Australian Institute of Robotic Orthopaedics Pty Ltd (AIRO) has developed the IRASLAS Total Joint Arthroplasty laser ablation system for the global orthopaedic surgical market. This technology will allow hands free bulk removal of damaged bone and tissue when performing total hip and total/partial knee replacement, with unmatched accuracy and precision improving surgical and patient outcomes.
Accelerating Commercialisation support will be used to help AIRO commercialise this product and achieve execution of a globally exclusive distribution licence agreement with a global orthopaedic medical device technology company.
Internal Reference ID:
AC70860
Selection Process:
Open Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
AUSTRALIAN INSTITUTE OF ROBOTIC ORTHOPAEDICS PTY LTD
Recipient ABN:
56 604 198 969
Grant Recipient Location
Suburb:
NEDLANDS
Town/City:
Subiaco
Postcode:
6009
State/Territory:
WA
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
WA
Postcode:
6008
Country:
AUSTRALIA