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ClearVue Secures European Certification and Raises $6.25 Million
ClearVue Technologies passed EN 1279-5:2018 testing for its Gen 3 Vision Glass and increased a capital raise to $6.25 million. The funds will support product testing, marketing, and international expansion.
The Sydney Morning HeraldAudio version
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ClearVue Technologies received European certification for its Gen 3 Vision Glass after the product passed EN 1279-5:2018 testing. The standard measures long-term sealing performance of insulating glass units used in construction. The certification confirms the glass maintains hermetic integrity when power cables pass through the seal of a double-glazed unit.
The company stated the result shows compatibility with industry-standard aluminium spacers and low-emissivity coatings.
The company raised the total to $6.25 million, comprising a $5.25 million placement at 11.5 cents per share and a $1 million fully underwritten share purchase plan. Board and management committed an additional $400,000, subject to shareholder approvals.
Proceeds will fund product certification, enterprise resource planning systems, marketing, intellectual property protection, and international business development. The technology generates electricity while preserving transparency and can provide insulation in building facades.
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