Australia's NRFC invests $35.5m in Advanced Navigation to bolster sovereign tech

6 hours ago

The National Reconstruction Fund Corporation’s contribution is part of a larger $112.3 million Series C funding round and is expected to create 172 high-skilled jobs in the deep tech sector.

Australia's NRFC invests $35.5m in Advanced Navigation to bolster sovereign tech

Australia's National Reconstruction Fund Corporation (NRFC) has committed A$50 million ($35.5 million) for a preferred equity investment in Advanced Navigation, a domestic manufacturer of next-generation navigation systems.

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