12/03/2010 - Hardwear trade sale completed
Cleantech Ventures has completed the trade sale of Hardwear to Hardchrome Engineering.
Hardwear, which uses an innovative laser technology to repair large scale power station turbine blades, had successfully completed the repair of lower pressure blades in two 350 MW steam turbines in AGL's Torrens Island power station.
The CEGT Fund was a cornerstone investor in Hardwear, which was formed as a startup with technology developed by Swinburne and the CRC for Welded Structures.