Startup · $150k raised
Caloundra, QLD
Every investor coverage indicates participated in a round HeliMods raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Department of Defence | Grant | $150,000 |
| Defence Global Competitiveness program | Grant | $150,000 |
Companies HeliMods acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming HeliMods. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Federal grants totalling $58.6 million across nine defence manufacturing projects include $34 million for a Boeing-led aerospace network building the Ghost Bat jet in Queensland.
Queensland aerospace manufacturer HeliMods has been awarded a $150,000 Defence Global Competitiveness Grant, its second in under a year, to buy equipment for making helicopter upgrade components, per minister Melissa Price.
Australia's defence industry minister has announced grant recipients under a program backing small defence manufacturers, with 13 firms sharing funding and some joining a trade delegation at a London expo.
Also @AuManufacturing