In the 2019-20 Federal Budget, the Australian Government announced the $19.5 million Space Infrastructure Fund (SIF). This investment into infrastructure will help to grow the Australian space sector. The SIF targets 7 infrastructure projects for common-user platforms that industry cannot provide alone. Two of these projects are now open for grant applications: Mission Control Centre…
By Andrew Blakers, Professor of Engineering, Australian National University In the 1980s, a global race was underway: to find a more efficient way of converting energy from the sun into electricity. Some 30 years ago, our research team at the University of New South Wales (UNSW) came up with a breakthrough, called the PERC silicon…
Grants totalling $4.7 million and shared among nine companies under the federal Accelerating Commercialisation program have been announced.
BlackRock, the mega funds manager which this week announced an exit from coal investments, has joined the share register of the producer of the iconic Australian red wine Penfolds Grange. The company has bought 7.3 million shares worth $250 million in Australia’s leading wine producer Treasury Wine Estates (ASX: TWE) over recent weeks. The global…
Metastatic cancer treatment biotech Noxopharm (ASX NOX) has successfully listed its Nyrada Inc spin off on the Australian Stock Exchange. Noxopharm, which is focusing on commercialising its Veyonda treatment for late-stage cancers, listed Nyrada to develop non-oncology drug prospects developed by the group. Nyrada is listed as a foreign company on the ASX through the…
Energy storage company 1414 Degrees (ASX: 14D) has successfully integrated its GAS-TESS energy storage system with a SA Water wastewater treatment plant. The system is the first in the world to store energy from biogas created in the waste treatment industry in molten silicon, recovering the energy later to generate electricity. As reported in @AuManufacturing,…
A new Australian-made medical device, a balloon for drug delivery for atherosclerosis sufferers, is moving closer to commercialisation.
The future of yet another Australasian aluminium smelter is coming under threat because of unsustainable energy prices, according to media reports. The owners of Australia’s largest aluminium smelter at Tomago in NSW have warned the NSW government that rising energy prices could have a significant impact their operations. Tomago Aluminium Company, a jont venture of…
A digital welding platform for an earthmoving attachment manufacturer is among projects being assisted through round two of the WA government’s Regional Economic Development program.
Nerve technology developer Orthocell (ASX:OCC) has received a $2.9 million R&D tax incentive refund for the 2018/19 financial year. The Perth company, which is commercialising its CelGro product to facilitate the regeneration of severed peripheral nerves, will invest the funds to accelerate regulatory approvals and to advance R&D. The company also recently raised new capital…
