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An ANU spin-out company whose technology will help future moon landings and could one day lead to flying cars has been bought out by one of Australia s leading navigation firms in a deal worth $40 million.

New south walesAustralian capital territoryLyle robertsJames spollardBrian schmidtXaiver orrVai photonicsCentre of excellenceResearch school of physicsResearch school of physics technology development fundCentre for gravitational astrophysicsVentures discovery translation fundResearch schoolAdvanced navigationChancellor professor brian schmidtVai photonic