Energy Technologies announced that it has been awarded a Sovereign Industrial Capability Priority Grant to improve Australian manufacturing capability to support the Continuous Shipbuilding Program which includes rolling submarine acquisition; land combat, protected vehicles and technology upgrade. It will enable the company to enhance its existing manufacturing capability to manufacture of small, medium, and large diameter low voltage silicone copper cables essential for use in submarine and shipbuilding. The project has an estimated cost of $1.74m of which the Federal Government will contribute up to $1.34 million. The current Bambach facility in Rosedale has sufficient space to house the new equipment and construction will start immediately.