ClearVue signs Murdoch MOU
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Under the non-binding memorandum of understanding, the two parties will work together to construct the facility, which will use ClearVue’s window glazing technology.
Following construction of the greenhouse, ClearVue would then engage with Murdoch’s Chengdao Li and his team under a collaborative research agreement.
Under the agreement, Professor Li will evaluate the effectiveness of the ClearVue greenhouse in plant growth.
The MOU anticipates that the ClearVue greenhouse will be constructed i n close proximity to other greenhouses within the university’s new agricultural precinct to be built by Murdoch in conjunction with other organisations including Curtin University, the Grains Research and Development Corporation and the Western Australian Agriculture Authority.
“The CRC‐P grant-funded greenhouse will be one of the company’s first commercial‐scale technology demonstrators using the ClearVue technology in a real‐world setting.
“The demonstrator will lead to greater market awareness of our product generally but more specifically in the context of protected cropping agriculture.
“The opportunity to work with Murdoch and Professor Li will be a great opportunity for ClearVue that will lead to other collaborations in the future.”
Shares in ClearVue fell 5.4 per cent to 35 cents each today.