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Tectonus closes in on break-even, touts further cash raise

Seismic tech firm banking on some of the US$1b budgeted for Californian hospital upgrades.

The Tectonus device.

New Zealand seismic building technology company Tectonus says it’s on anything but shaky ground and has “enough money” despite falling short in its latest equity raise.

After installing more than 1000 of its seismic ‘dampening’ devices across 25 projects, it’s now spruiking a workstream

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Brent Melville Tue, 20 Aug 2024
Contact the Writer: bmelville@nbr.co.nz
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Tectonus closes in on break-even, touts further cash raise
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