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The Federal Government has invested $151.5 million in four new Cooperative Research Centres.
They represent very diverse areas. One is for High Performance Soils, one is for Honey Bee Products and one is for Food Agility.
But over a third of the money will go to a new iMove CRC which will explore digital and evolving vehicle technologies to help traffic to flow more smoothly.
The iMove Centre has already assembled 46 commercial, research and government partners prepared to contribute a further $178 million in cash and in-kind contributions over the grant period of 10 years.
The CRC will develop systems that harness the growing amount of real-time information available from cars, trucks, public transport vehicles and even personal smartphones with the aim of smoothing traffic flows, prioritising commercial freight operations and making the best use of the country’s multi-billion-dollar road infrastructure.
Ian Christensen CEO excelerate Technology Australia, lead of the bid from the iMove CRC joins us on the line to tell us all about it.
Originally aired on 18 March 2017. For past programs and individual segments visit www.drivenmedia.com.au