Aeeris Ltd: Receipt of Research and Development Tax Incentive

Nov 14, 2024

Aeeris Ltd (ASX: AER) announced that it had secured an R&D tax incentive for FY24 amounting to AU$ 458,700.62. This substantial investment underlines the company's commitment to advancing its core platforms and enhancing its severe weather intelligence capabilities. The FY24 incentive is primarily dedicated to impactful research and development on its proprietary Climatics platform. Additionally, it focuses on strengthening the Geographic Notification Information System, which improves mapping and visualization features. The latest upgrades to Climatics have integrated new datasets and upgraded data processing abilities, ensuring that its clients receive highly accurate climate risk insights. Such advancements enable sectors like insurance and finance to conduct detailed assessments of asset vulnerability, allowing them to manage and mitigate potential climate risks proactively.

Moreover, the improvements made to the GNIS have significantly refined the real-time alerting services by enhancing locational accuracy and effectively managing complex geographic data. These enhancements ensure that end-user warnings are precise and trustworthy.

 

 

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