SpectraCure has been awarded an additional EU grant of EUR 125,000 for the ongoing industrialization projects in collaboration with Philips Innovation Services in the Netherlands and CSEM SA in Switzerland. The grant has been awarded with the aim of demonstrating that the company´s manufacturing concept works, with assured quality, in a simulated production line. In June 2022, the company received an initial grant of EUR 125,000 aimed to shorten the manufacturing time of the treatment system for industrial production.

In May of 2023, the company announced that the sub-project was completed with good results and that a concept had been developed that has more than halved manufacturing time and reduced component costs. The budget for this part of the project amounts to approximately EUR 175,000, of which EUR 125,000 are funded through EU grants. The project is planned to continue until the first quarter of 2024.