The global market for hemp is predicted to nearly quadruple in value between 2020 and 2027, reaching $US 18.6 billion. This is according to an UNCTAD report released this week, also noting hemp’s hardiness across a wide range of climates, its ability to grow in and improve poor soil as well as absorb more carbon…
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Materials technology group Silex Systems has achieved target enrichment objectives in its project to demonstrate its ability to produce zero-spin silicon (ZS-Si) used to make computer chips for cutting edge quantum computers. ZS-Si is a unique form of isotopically enriched silicon allowing next-generation quantum processing chips to store data at the sub-atomic level. Silex’s technology…
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bp ventures has made a $20 million investment in 5B Holdings, the Australian renewable company with technology that enables rapid deployment of solar power at scale. The investment closes 5B’s $55 million AUD Series B funding round, which was co-led by existing investors The AES Corporation and Artesian. 5B’s leading solar technology, the 5B Maverick…
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CSIRO has announced 10 deep-tech game changers from Australia’s universities and research community selected to develop their innovative ventures through the science organisation’s ON Accelerate programme. The innovators backed include nascent companies working with AI, new materials, nasal vaccines, the Internet of Things (Iot) and plant proteins. They draw on a number of inspirations, in…
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Metals company Nyrstar has begun early works at a new $23 million product recycling facility located at its Port Pirie multi-metals site in South Australia. The early works included construction of a new laundry and a new compressor. According to Nyrstar the new PRF will reduce lead concentrations in the air at the nearby community. …
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Australian UAV producer Carbonix and hydrogen-focused H3 Dynamics are working together to develop and produce the first Australian hydrogen-electric vertical take-off and landing (VTOL) unmanned aircraft system (UAS). ‘Moving fast and starting now’, H3 Dynamics will be integrating its off-the-shelf hydrogen systems to Carbonix’ existing fleet of small unmanned VTOL systems – enabling training and…
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Energy storage system developer 1414 Degrees has successfully reached a major milestone in the development of its SiBox molten silicon energy storage demonstration module. A furnace has been installed and heated to 1420°C, with construction almost complete. According to the company: “What this means, is that we’re confident moving forward with the installation of our…
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Perth drone engine manufacturer Orbital UAV is to explore potential advanced propulsion systems for aerial logistics company Animal Dynamics’ Stork-STM uncrewed aircraft system. The system would be used on the Stork-STM (pictured), a heavy-lift parafoil craft designed to carry heavy loads of up to 135kgs over distances of up to 400km. Importantly, the MoU between…
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By Peter Roberts One of Australia’s most respected property developers has put a bold plan to the South Australian government to revive the steel city of Whyalla by building hotels and thousands of new homes to house a massive influx of residents needed to support planned green hydrogen and green steel manufacturing facilities. With the…
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The heroism of entering a burning building is amplified by the fact that, at any moment, it could collapse. During evacuations and rescue missions, every second counts. Imagine if we improved monitoring systems – for mines, bridges, towers – to gauge hazards more precisely. How many lives could be saved? University of Adelaide researcher Dr Noune…
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