Update re Investee Company

Summary by AI BETAClose X

Frontier IP Group Plc has announced that the European Commission has approved a €211 million Italian government grant for CamGraPhIC, an SME and wholly owned subsidiary of Frontier IP's portfolio company, 2D Photonics SpA. This significant grant will support the development of photonic optical transceivers based on graphene, a technology that could positively impact Frontier IP's valuation and future prospects. The company expects to provide further market updates shortly regarding this development.

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