PRESS RELEASE11 July 2019: Smart building materials company ClearVue Technologies Limited(ASX:CPV) (“ClearVue” or “the Company”) is pleased to announce that it has signed a Consultancy Agreement with Arup Australia Pty Ltd (“Arup”).Arup is a world-leading firm of designers, engineers and architects including façade engineers. Arup’s façade engineering team led by Haico Scheepers (in conjunction with engineering staff and students from the University of Sydney engaged through Arup) will work with ClearVue on the development of 4 design typologies of the ClearVue Smart Façade concepts in an approximate 5-month program.
The intended outcome from the project will be 4 prototyped design concepts that can be supplied to selected manufacturers for prototyping and integration into mass production and assembly. Under the Consultancy Agreement, all intellectual property related to the new façade design typologies is to be owned by ClearVue.
Solar power may account for the world's main source of power by 2050.