1414 Degrees Limited reported its quarterly financial and operational activities, highlighting a successful $1.214 million capital raise to support its Aurora BESS Project and SiNTL technology development. The company retains control over its SiBox IP after completing milestones with Woodside Energy and acquired a global licence for SiNTL technology, enhancing battery performance. Both SiBox and SiBrick technologies are advancing towards mass production, supporting the company's decarbonisation initiatives. Additionally, the company participates in stakeholder engagement and has received grants to further its SiPHyR technology development. Overall, 1414 Degrees remains confident in continuing its operations with substantial investor backing.
Key Points
1414 Degrees Limited released its Quarterly Activities and Cash flow report for the quarter ended 30 September 2025.
The company successfully raised $1.214 million via a share placement, which will fund the Aurora Battery Energy Storage System (BESS) Project and development plans for the SiNTL technology.
1414 Degrees completed all technical milestones under the SiBox Development Agreement with Woodside Energy Technologies, maintaining full control and ownership of the SiBox intellectual property.
The company acquired an exclusive global licence for the SiNTL aluminium-coated silicon nanoparticle technology from George Washington University, aiming to improve lithium-ion battery performance.
The SiBox and SiBrick technologies are progressing towards mass production, enhancing their Heat-as-a-Service (HaaS) model and expanding into hydrogen technologies.
1414 Degrees is actively engaged in stakeholder events and has received grants to advance its SiPHyR technology.
The company expects to continue operations successfully with significant support from shareholders and investors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.