Port Douglas & Mossman Gazette - - NEWS -

The state gov­ern­ment is back­ing a Cairns startup’s boat an­chor in­ven­tion to launch into global mar­kets. The de­vice is the first of its kind and changes the re­trieval point of the an­chor, en­sur­ing it dis­lodges by com­ing out the way it went in. The re­lease mech­a­nism changes the di­rec­tion of pull from the top of the an­chor to the bot­tom of the an­chor. Cairns­based startup Catch ‘n’ Re­lease last year re­ceived $91,000 fund­ing from the Ad­vance Queens­land Ig­nite Ideas Fund.

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