Grey Innovation and the University of Tasmania Finalists for Eureka Prize

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Established in 1990 to reward outstanding achievements in Australian science and science communication, the Eureka Prizes are Australia's most comprehensive national science awards. Recognising unique co-operative partnerships between research institutions, preeminent researchers, and private sector companies, each of the coveted Eureka Prizes is judged by a panel of eminent individuals.

Grey Innovation is honoured to be listed as a finalist for The Australian Museum for the 2019 Defence Science and Technology Eureka Prize for Outstanding Science in Safeguarding Australia.

Over 10 years ago, game-changing explosive detection research was being developed at the University of Tasmania (UTAS) in response to a government expressed need in national security. Knowing they had developed world-first intellectual property that was ready to be commercialised UTAS decided to partner with leading Australian technology translation company Grey Innovation to take their ground breaking research and engineer a new product, a new industry, create jobs, and protect lives.

 The UTAS and Grey Innovation collaboration has produced GreyScan, the world’s first portable trace detection device that can identify inorganic explosives in less than 40 seconds.

Having sold to government agencies in Australia and abroad, and securing distribution agreements in regions servicing 25 countries, GreyScan’s use in mass transit locations like airports and train stations will help make Australia, and the world, a safer place.

The collaboration between Grey Innovation and UTAS aligned with our corporate mission to unlock research for a healthier, cleaner and more secure world. This partnership gave UTAS access to the financial, engineering, and commercialisation expertise that are at the core of Grey Innovation. Royalties from the GreyScan collaboration, a business soon to employ over 60 people, can be deployed to fund additional UTAS research in new areas of critical importance.

Recognition of this achievement by being nominated as a finalist for The Australian Museum for the 2019 Defence Science and Technology Eureka Prize for Outstanding Science in Safeguarding Australia gives us pride in our collective achievement - Grey Innovation bringing a great Australian technology to market, making the world safer, and supporting many skilled jobs”.

Posted on August 1, 2019 .