Ocular to Launch New Capital Raising Offer on ASSOB in December

25 October 13

Ocular Robotics’ current offer on the Australian Small Scale Offerings Board expires on the 11th December 2013. At the time of writing the company had raised nearly $500,000 during the current offer and made a great deal of progress in many areas including:

  • Further development and refinement of its world leading products based on its unique and patented RobotEye technology.
  • Extension of its granted patent coverage with patents granted covering Japan and China added to its existing patents covering the USA and Australia.
  • Product launch of the RE05 3D laser scanning system.
  • Commencement of the building of the company’s global distribution network.
  • Revenues being generated through product sales.
  • Development of strong interest in the technology from defence prime contractors

Following the expiry of the current offer the company intends to launch a new offer on ASSOB to fund continued expansion of the company’s activities. The new offer will have a revised investment target with a new share price structure to reflect the significant progress made since the launch of the original offer.
 

Additional Documents

Click here to download: ocr/Ocular_Robotics___October_eNews___131024.pdf