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1414 Degrees Limited (ASX:14D)

ALERT: Price-sensitive ASX Announcement for 14D
Current share price for 14D : $0.051 -0.001 (-1.92%)+
Announcement
Release
31 Jul 2026 10:05AM
Price at Release
$0.052
Full Release
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Summary
1414 Degrees Limited reported significant developments in its quarterly activities and cash flow report. The company secured $8.45 million in funding, with additional proceeds from options exercises, strengthening its financial position. It signed a Heads of Agreement for a major AI infrastructure project at Aurora Energy Precinct and identified a quicker pathway for early revenue. The company made strides in battery technology with high-capacity SiNTL cells, partnering with Energia 2000 and Orbit Boy for testing in aerospace and defense applications. Additionally, its decarbonisation technologies, SiBox, and SiPHyR, continued to progress.
Key Points
  • 1414 Degrees Limited strengthened its balance sheet with a commitment of $8.45 million, followed by $2 million from 14DOA option exercises.
  • A Heads of Agreement was signed for a staged development of up to 1 GW of AI infrastructure at the Aurora Energy Precinct.
  • The company signed evaluation agreements with Energia 2000 and Orbit Boy to test SiNTL-based batteries, with Orbit Boy selecting SiNTL for defense launch vehicles.
  • SiNTL cells achieved power capacities of over 600 mAh/g, surpassing traditional graphite anode batteries by 60%.
  • The company continued development of industrial decarbonisation technologies SiBox and SiPHyR.
  • Aurora's 140 MW / 280 MWh BESS completed technical requirements for transmission access negotiations.
  • A 33kV connection pathway was identified to enable early revenue generation at Aurora.
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.