Philanthropy and Search & Rescue

Philanthropy

Alongside VGI Partners and the Bennett Family Foundation, CCI’s shareholders have helped establish the Wanderers Education Program, which is a new philanthropic initiative designed to fund education scholarships for members of Australia’s Special Air Service Regiment (SASR). You can download a PDF about the program here. The SASR is the nation’s elite special forces unit and responsible for, among other things, global counter-terrorism and hostage rescue operations. Numerous SASR soldiers have been killed and wounded in combat since September 11, 2001 in missions around the world. Wanderers is administered by the dedicated tax-deductible charity for the SASR, called the SAS Resources Fund, the patron of which is the former Australian Governor General and Commanding Officer of the SASR, Major General Michael Jeffrey. To find out more about contributing to Wanderers, please email info@coolabahcapital.com.

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Search & Rescue

Coolabah Capital also carries out search-and-rescue drone flights using an advanced Mavic 2 Enterprise Dual drone that patrols beaches and warns surfers and swimmers about potential shark attacks. The drone has an emergency speaker system that allows Coolabah’s portfolio managers to communicate directly with swimmers/surfers that are in close proximity to large sharks. A recent high-profile case study, believed to be one of the first examples in the world where a surfer has been warned real-time by a drone of a large looming shark, is enclosed below.