Battery and electric vehicle technology company 3ME technology has been revealed as the first investment of the Australian Business Growth Fund, a joint partnership between the federal government and Australia’s major financial institutions. Based in the Hunter region, 3ME Technology will receive $15 million from the fund, which was established in 2020 and provided an…
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The Defence Innovation Hub has awarded $8.4 million in grants to two companies, DMTC Ltd and QinetiQ to help them develop novel products for use by security and defence forces. $5.4 million has been awarded to Victorian company QinetiQ, which has partnered with the University of Melbourne to develop an innovative, deployable micro-grid that will…
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Andrew Forrest’s Fortescue Future Industries has purchased a Dutch green hydrogen and solar PV business and announced a major expansion including plans to build a solar PV manufacturing plant in Australia. FFI has purchased a 60 per cent stake in Dutch-based High yield Energy Technologies (HyET) Group and provided the majority share of financing for…
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Sydney-based start-up Ellen Medical Devices plans to utilise a federal commercialisation grant to manufacture a revolutionary new dialysis machine costing a fraction of traditional machines to build and just a few dollars a day to run. Such a machine would be a literal lifesaver for the millions around the world who are unable to afford…
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The army has successfully completed two Boxer turret conversion courses in Queensland as it begins introducing the Boxer Combat Reconnaissance Vehicle to service. Live fire exercises at the Townsville Field Training Area, Queensland have qualified 35 armoured cavalry crew on new digital sensors, next generation thermal sights and mission systems in the Boxer’s turret. The…
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The annual Export Awards have been celebrated in Western Australia, a state that contributes just over half of the country’s merchandise exports.
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By Gabrielle Duykers Cereal oat supplier Blue Lake Milling completed construction of its $8.1 million biogas plant in Bordertown last week. Commercial projects manager Jeremy Neale said the plant would generate enough bioenergy to power both the plant and nearby homes. “Two-thirds of it will go to the mill, and the remaining third will be…
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By Peter Roberts A European Union funded consortium has released the final project report that the entire construction sector is waiting for – official confirmation that the technology developed by Australian company Calix offers the cheapest way yet discovered to de-carbonise the cement industry. Cement, along with steel, are seen as the most vital yet…
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Tranche 4 and 5 of Advanced Manufacturing Growth Centre Commercialisation Fund grants have been announced, with $6.1 million awarded to ten companies.
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Adelaide pharmaceutical group BioCina has announced the final transfer to it of ownership of the microbial-based pharmaceutical manufacturing facility formally operated by Hospira Adelaide, an affiliate of Pfizer Inc. The former-Pfizer site in Adelaide will now be operated by the company as a contract development and biologics manufacturing organization (CDMO) specialising in process development and…
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