News and Announcements
Long Pipes Annual Update 2016; $3M for Funding, Share Price Increase of 230% & Multiple Awards
- Published January 17, 2017 5:30PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Long Pipes are an innovative, original Australian company, which is developing state-of-the-art technology that is capable of producing seamless composite pipeline without a joint for 1 km. This material in which Long Pipes has created is 10 times stronger and lighter than steel, transporting fluid such as oil, gas and water. A “World’s first” known as The Fluid Highway™.
Their achievements are as follows below:
- Long Pipes has already seen $3M for funding inflection, along with a share price increase of 230% so far.
- World’s first continuous pipe, tested, installed, in network, for Harvey Water, 140kms south of Perth.
- November 2nd, 2016- Long Pipes Fluid Highway was awarded:-
- People’s Choice Award, with an audience of 220 people including representatives from the Australian Government, the UK Government, Investment institutions, banks and private investors.
- The Energy Resources Award, from the Oil, Gas, Coal and Uranium Industry; was awarded by the General Manager, Jill Stejduhar, from National Energy Resources Australia (NERA).
Long Pipes will be presenting at the Queensland Roadshow this February and at the Sydney Emerging Company Showcase.
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