By: Peter Trousdale On: November 09, 2022 In: Comments: 0

An Australian advanced manufacturing company bringing an innovative solution to aviation emissions – modeled on shark skin – has received a $2 million investment boost from the CEFC, alongside strategic investors, including venture capitalists Bill Tai and Amanda Terry of ACTAI Ventures. MicroTau has created a lightweight film product that can be applied to the surface of aircraft, reducing drag, improving fuel efficiency, and cutting emissions. The film, which can be applied during scheduled aircraft maintenance, has the potential to save commercial aviation and shipping more than US$34 billion in fuel costs, delivering as much as 225 million tonnes in CO2 abatement annually.

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