AUSTRALIAN TECH COMPANY Motorcycle Innovation has received further financial assistance, giving the firm the resources to not only send its innovative Motoinno TS3 Shockwave machine into limited production, but to also forge ahead with the planned build of its TS3 Moto2 racebike.
Buoyed by a recent $250,000 cash injection from private Australian angel investor ACAC Innovation, Motorcycle Innovation has now received confirmation of a matching $250,000 manufacturing grant from the Queensland Government through its Ignite Ideas Fund.
Both machines employ the patented TS3 Triangulated Steering and Suspension System chassis technology which, according to the firm’s Colin Oddy, creates a bike with superior inline stability that can brake later and harder into corners, and turn tighter but with less lean angle than a conventional machine, giving the rider the ability to…