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Hydrix Limited (ASX:HYD)

ALERT: Price-sensitive ASX Announcement for HYD
Current share price for HYD : $0.004 -0.01 (-71.43%)+
Announcement
Release
7 Jan 2026 5:47PM
Price at Release
$0.014
Full Release
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Summary
Hydrix Limited announced a new contract valued at approximately A$2.5 million with SynCardia Systems LLC to develop SynCardia's next-generation fully implantable Total Artificial Heart, known as the Emperor. This multi-stage, multiyear project will involve significant engineering, verification, and regulatory work, with further stages contingent on technical progress and funding. Hydrix will be responsible for developing various technologies, leveraging their expertise in complex cardiovascular systems. The project strengthens Hydrix's position as a leading partner in advanced heart replacement technologies.
Key Points
  • Hydrix Limited enters A$2.5m contract with SynCardia Systems.
  • Development of SynCardia's next-generation Total Artificial Heart (TAH), named Emperor.
  • Multi-stage program with engineering and regulatory milestones.
  • Hydrix's role includes system architecture and critical safety features.
  • Contract completion expected in calendar year 2026.
  • Enhances Hydrix's position as a leader in cardiovascular technology.
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.