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Janus Electric Secures $2.75M Funding to Advance Zero-Emission Transport Rollout

The transition to zero-emission transport is accelerating as freight and logistics operators seek viable pathways to electrification. With increasing focus on reducing emissions across heavy vehicle fleets, access to capital for technology development and deployment remains a key factor in scaling solutions.

Janus Electric Holdings (ASX:JNS) has secured new funding to support this shift, locking in a $2.75 million R&D finance facility to advance its zero-emission technology roadmap.

The company said the facility supports ongoing development and commercialisation of its battery electric conversion and transport technologies.

Secures Non-Dilutive Funding

The funding has been arranged through a binding R&D finance facility between Janus Energy Pty Ltd, a wholly owned subsidiary, and Rockford RDF Pty Ltd.

The total facility amount is $2.75 million, with funding available for up to 100% of eligible R&D expenditure incurred between July 2025 and February 2026.

Proceeds have already been received and used to repay an existing $1.053 million loan previously provided by Rocking Horse Group.

The structure provides approximately $1.7 million in additional working capital.

Bridges to R&D Tax Incentive

The facility is designed to bridge the company to the receipt of its expected FY25 R&D Tax Incentive refund of $1.41 million from the Australian Taxation Office.

Repayment will be made directly from the FY26 R&D Tax Incentive refund, with the lender nominated to receive the funds.

This approach allows Janus to access capital ahead of the refund while maintaining operational momentum.

Supports Technology Development

The funding is intended to support continued R&D activities tied to Janus’ zero-emission transport platform.

This includes the development and commercialisation of its battery electric conversion technologies for heavy vehicles.

The company is focused on advancing its electrification model for the freight and logistics sector.

Outlines Facility Terms

The facility carries an interest rate of 17% per annum and includes a 1% establishment fee, which has been capitalised.

It has a minimum term of 90 days and a maximum term of 422 days, with repayment due no later than 30 April 2027.

The structure also includes refinancing of the company’s existing FY25 R&D advance facility.

Maintains Liquidity Without Dilution

Janus noted that the facility provides access to non-dilutive capital, helping preserve shareholder value while strengthening near-term liquidity.

This funding approach allows the company to continue progressing its development roadmap without issuing new equity.

As the push toward zero-emission transport gains pace, companies developing electrification technologies are increasingly relying on structured funding solutions to support growth. With this facility in place, Janus is positioned to continue advancing its platform while maintaining financial flexibility.

Tim Grey

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