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India’s Cybernetik to help Marine Bioproducts Cooperative Research Centre commercialize Australia’s marine bio products industry 

The project valued at $270 million overall, including partner cash and in-kind contributions.

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National, 01 June 2022: Indian industrial automation company Cybernetik has signed on with Australia’s Marine Bioproducts Cooperative Research Centre (MBCRC) as sole extraction partner to provide its expertise to a programme aimed at conducting research into commercialising the country’s bio products industry.

The overall project is valued at $270 million, including partner cash and in-kind contributions. Its aim is to transform Australia’s marine bio products sector into a globally competitive industry that can be a major export earner for the country.

Cybernetik will provide extraction equipment and research expertise to the project.

Australia

Mahesh Wagle, Co-founder and Director of Cybernetik, said, “The unique and diverse marine biota of Australia has strong potential for bio-marine discovery to markets in health, nutrition, agriculture, aquaculture, and biomaterials. Combining our decades of experience, research and expertise in extraction and industrial solutions in this area will create sustainable yet value-driven opportunities to further augment these areas. It will further showcase the diligence and efficiency of Indian talent on an international platform, bringing with it well-deserved global recognition.”

The Marine Bioproducts Cooperative Research Centre (MBCRC) is a major development initiative between people, industry and research partners that have successfully bid, and have been awarded, $59 million from the Commonwealth Government over the next ten years.

Over the course of the partnership, Cybernetik will work as a partner to the MBCRC assisting in the process of developing Australia's potential as a global player in the marine bioproducts industry.


About Cybernetik:

Established in 1989, Cybernetik is an Indian industrial automation company that designs, builds and installs end-to-end, turnkey automation systems to serve the Food, Agro, Pharmaceutical, Chemical and other manufacturing industries. It operates through three verticals – Automation, Process and Extraction. Providing a single-source solution for all automation requirements, Cybernetik’s mission is to achieve excellence through technology with vision and hands-on experience. Headquartered in Pune, Cybernetik has two design offices, four manufacturing units and three international offices in the USA (Chicago), UAE (Dubai) and Vietnam (Ho Chi Minh).

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