Nuheara Limited (ASX: NUH) (Company or Nuheara), transforming the way people hear by creating smart hearing solutions that are smart and affordable, is pleased to announce the receipt of a Research and Development Tax Incentive cash rebate from the Australian Tax Office of $1,395,004.11. The R&D Tax Incentive provides a tax cash rebate to support Australian companies undertaking research and development.
The rebate is representative of the company’s ongoing commitment to provide research leadership in the rapidly changing landscape of global hearing healthcare.
|AUTHORISED BY:||INVESTOR AND MEDIA ENQUIRIES:|
|Justin Miller||Shane Murphy, FTI Consulting|
|Managing Director and CEO||Email: [email protected]|
|Nuheara Limited||Phone: + 61 420 945 291|
Nuheara is a global leader in smart hearing technology which change people’s lives by enhancing the power to hear. Nuheara has developed proprietary, multi-functional, personalised intelligent hearing devices that augments a person’s hearing. Nuheara is headquartered in Perth, Australia and was the first consumer wearables technology company to be listed on the Australian Stock Exchange (ASX).
In 2016, the Company released its revolutionary wireless earbuds, IQbuds, which allow consumers to augment their hearing according to their personal hearing preferences and connect hands free with their voice-enabled smart devices. In 2020 Nuheara released its third generation IQbuds² MAX. Nuheara products are now sold Direct To Consumer (DTC) and in major consumer electronics retailers, professional hearing clinics, pharmacies and optical chains around the world.
The Company’s mission is to transform the way people hear by creating smart hearing solutions that are both accessible and affordable.