Archer Materials receives advanced sensor prototype

Quantum technologies developer Archer Materials has received prototypes of its tunnel magnetoresistance (TMR) sensors from its foundry partner, MultiDimension Technology (MDT). Archer is sending the TMR sensor prototypes which are used in data centres, automotive, medical devices, and internet-of-things (“IoT”) and consumer electronics to its research partner in an Australian university for characterisation. The company…

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CSIRO concentrated solar spin out FPR Energy raises $15 million

CSIRO venture FPR Energy has secured $15 million in seed funding to commercialise next generation solar thermal technology that will help reduce industrial emissions, which account for 20 per cent of Australia’s annual carbon footprint. The company was launched in collaboration with advisory and funds management firm RFC Ambrian and utilities business Osaka Gas, raising…

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Removing “invisible layer” promises to save 15 tonnes a year of plastic: Kimberly-Clark 

Personal care product manufacturer Kimberly-Clark Australia says a new packaging approach is delivering promising early results, and could see 15 tonnes of plastic removed annually from supply chains nationally. According to a statement from K-CA on Monday, the trial with with supermarket chain Woolworths began in mid-September, following “over a year in development and testing”.…

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Future Made in Australia tax breaks introduced

The federal government has scheduled to introduce the Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024 to Parliament today, with its focus the global net zero transformation. The legislation implements the government’s production tax incentives for renewable hydrogen and critical minerals, and also expand the role of Indigenous Business Australia. The…

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Ammonia production tech startup believes it can cut nation’s fertiliser bill by a tenth

Fertiliser maker PlasmaLeap, which recently raised $2.9 million to support commercialisation of its ammonia production method, has claimed that it could save Australia’s farmers $400 million annually. In a statement on Monday, PlasmaLeap said it is trying to displace the Haber–Bosch process, which was developed early in the 1900s and remains the dominant way of…

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Government shortlists frigate builders – but will they build locally?

The federal government has down-selected two shipbuilders, Mitsubishi Heavy Industries and Thyssenkrupp Marine Systems, to progress designs for Australia’s future general purpose frigates under the SEA 3000 programme. In May, Defence released an approach to market to five shipbuilders, with Defence now planning to work with the two industry partners to further develop the proposals…

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