Category Specific RSS

Categories: News

Nuheara secures NDIS eligibility funding for smart hearing solutions

Audio technology company Nuheara Limited (ASX: NUH) has secured access to a major customer base following the registration of their smart hearing solutions under the National Disability Insurance Scheme (NDIS). 

This will provide Australians with access to almost the full range of Nuheara products, many of which will assist the 29% of NDIS participants who identify as autistic. 

“Since inception, we have had anecdotal evidence to suggest that Nuheara’s products would support people on the autism spectrum,” said Nuheara CEO, Justin Miller. 

“We always wanted to expand our market scope but wanted to ensure this would be based on evidence-driven findings. Our preliminary results from an Autism study commissioned last year with the University of Melbourne have been positive.”

“The fact that Nuheara’s products are now available as part of the NDIS – for children and adults – is an important step in this market expansion.” 

Auditory Processing Disorder (APD) is a common secondary diagnosis for people with Autism whilst the NDIS is providing Australians with disabilities significant financial assistance to gain access to assistive technology and innovation. 

In their Q3 18/19 report, the NDIS reported more than 277,000 Australians were benefiting from NDIS funding with Autism the primary disability (76,424) of active participants with an approved plan. 

The move continues Nuheara’s commitment to the audio device market having now sold more than 35,000 pairs of their IQbuds – wireless earbuds. The company had previously forayed into mining but earlier in the month reported the sale of their Peru mining tenements and is actively dissolving the remainder of their mining portfolio. 

Alfred Chan

Alfred Chan is a Business Reporter at The Sentiment specialising in ASX-listed small cap companies, a bloodstock enthusiast and former equities analyst.

Recent Posts

Nanoveu Secures $2 Million to Fast-Track Commercial Launch of ECS-DoT Chip and AIoT Platform

Semiconductor Market Opens Door to Global Expansion Australian tech innovator Nanoveu (ASX:NVU) has locked in…

2 days ago

Archer Unlocks Cryogenic Sensor Breakthrough for Quantum Computing

ASX-listed semiconductor company Archer Materials (ASX:AXE) has hit a key technical milestone, demonstrating that its…

2 days ago

EGL Secures $1.9M PFAS Plant Contract as Demand for Clean-Up Technologies Surges

PFAS Regulation Drives Urgent Market Need As global pressure mounts to tackle man-made chemicals, The…

2 days ago

RocketDNA Secures Major Aerial Tech Contract with Vault Minerals at WA Gold Site

In a move that underlines the growing role of automation in the resources sector, RocketDNA…

1 week ago

BirdDog Boosts Buy-Back Offer by 40% Ahead of ASX Delisting Vote

Australia’s broadcast technology sector is experiencing rapid global expansion, driven by demand for IP video…

3 weeks ago

AML3D Launches High-Tech U.S. Facility to Power Submarine Supply Chain

Advanced Manufacturing Hits U.S. Soil AML3D Limited (ASX:AL3), a leader in Wire-arc Additive Manufacturing (WAM®),…

3 weeks ago