Go-ahead for $1 billion coal gasification project
Brisbane-based Australian Future Energy (AFE) will convert coal into ammonia, natural gas and electricity in a major investment in value-adding of coal set to be built in Gladstone.
Second Australian radar system to be developed in Defence contract
Following the success of CEA Technologies CEAFAR maritime radars, Defence Industry Minister Pyne has announced a second company will be encouraged into the radar field.
Australian company gets $19 m series B backing, looks to commercially launch rockets in 2020
Gilmour Space Technologies has raised $19 m from companies including Main Sequence Ventures (which manages CSIRO’s Innovation Fund), Blackbird Ventures and the US-based 500 Start-ups. The company is aiming to address a bottleneck in launches for the booming nano-satellite market, catered to by about a half-dozen operators globally.