Got this one recently, it is a nice badge which seems to be multipiece. The 1TAU (TAY) text is written on blood red enamel. I make the guess that this badge is related to an artillery university, from the crossed barrels and TAU which might mean "something"-Artillery University. It seems a bit too nifty for a graduation badge, but I might be wrong.
Anyone with any more information to add? Screwplate is not original.
Having examined it even closer, I am afraid this one might be a fake. The screwpost is ... a screw that has been glued to the badge. The badge is still nice however.
Luckiely, I did not trade one of my kidneys for it.
I have not seen badges this advanced at the "collector" meetings, just the usual diamond shaped higher education ones with customized gradua plates. Well, something learned at least!