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dorsaVi Ltd (ASX:DVL) has secured a Federal Government Advanced Manufacturing Growth Fund grant of $1.1 million to support enhancements to its current manufacturing facilities.
dorsaVi (ASX:DVL) has been granted the first patent for its body orientation intellectual property in China.
The company has developed innovative motion analysis device technologies for use in elite sports, occupational health and safety, and clinical applications.
In addition to the placement, the company is offering a share purchase plan to existing shareholders, capped at $1 million. dorsaVi has developed innovative motion analysis device technologies for use in elite sports, occupational health and safety, and clinical applications. The funds raised from the placement will be primarily used for: - the recruitment and signing of additional Organisational Health & Safety (OHS) agents in the U.
The halt will remain in place until the opening of trade on Tuesday 13th December 2016, or earlier if an announcement is made to the market.
myViSafe will be used by Crown across its businesses in both Melbourne and Perth. This large scale project will involve over 13,500 employees who will be regularly assessed based on the level of manual handling risk within their particular jobs. myViSafe is comprised of an application for use on a phone or tablet, four mini movement sensors and a desktop dashboard. The sensors can be worn on the back or shoulders to measure movement in real-time in the workplace.