The technology that CSIRO has developed would appear to have...

The technology that CSIRO has developed would appear to have extensive applications across a range of products. When you start talking passports the mind boggles in terms of potential volume.
My feeling is that CSIRO are developers of technology and not marketers. They now realise that for the new datadot technology to be taken to the next step and commercialised it needs to be marketed. Hence the deal with Datadot.
They know the potential of this type technology is enormous particularly with security being a global issue.
Lets assume Datadot obtain a government contract for eg passports. (any government) Its possible.

I think there are so many commercial applications that the jointly developed technology between CSIRO/Datadot offers, that Datadot was licking their chops when they secured the deal and CSIRO is delighted as they become part of the action. The amount paid is peanuts it terms of the potential return.
It is a good deal for Datadot, CSIRO and the shareholders.

When you consider that Datadot is in a strong financial position with over $1m profit last financial year and low operating costs, the future looks very bright indeed.