The CSIRO-founded “venture science” firm Main Sequence Ventures has announced a successful raise for “Fund II” which will continue a focus on companies solving “the world’s biggest problems” but with an increased focus on decarbonisation technologies.
The Covid-19 pandemic has accelerated many Australian manufacturers’ plans to digitise, writes Greg O’Loan. Here he discusses where our predominantly SME manufacturers should focus. Last month, we saw significant cybersecurity breaches across both the Australian Government and Channel 9. But manufacturers are also at risk, in fact globally the number of publicly recorded ransomware attacks…
The stock market goes through cycles rather like fashion with cannabis and lithium stocks snatching the limelight in recent times. Now hydrogen floats and capital raisings are all the rage with two company announcements since the long weekend. Infinite Blue Energy has raised $10 million through a pre-IPO offering to investors to accelerate its development…
Pierlite has earned a contract to provide LED lighting solutions, upgrading as many as 1,000 NSW public schools. The company was awarded the tender as part of Schools Infrastructure NSW’s Lighting Upgrade Program, which was part of the state’s Covid-19 stimulus measures. The solutions would be focussed on Pierlite’s Vandalux and Unilux EP upgrade kits,…
Composites production can be slow, labour-intensive and poorly-suited to complex shapes. Brent Balinski spoke to Tristan Alexander from TST, which is commercialising a process to change that.
Forget mega-batteries – the future is numerous decentralised small solar PV arrays and storage batteries in individual suburbs supplying Frequency Control Ancillary Services (FCAS) according to Canberra’s Elvin Group. The company today announced a five Mega Watt Hour Tesla battery for the Canberra suburb of Holt, that will provide utility and grid support in the…
Manufacturers involved in carbon fibre are seeing sustainability gains through the use of renewable energy, recycling, reducing energy needed for processing, and adopting new chemistries. Derek Buckmaster explains further in this part of our Fibres and composites transforming industry series.
Andrew Forrest has taken the first steps in his promise to embrace a hydrogen future with Fortescue Metals Group placing an order for hydrogen powered buses. The order, part of a $32 million renewable hydrogen mobility project, will see 10 full-sized hydrogen coaches (pictured) built by Hyzon Motors, to replace diesel coaches at the Christmas…
To open the second week of our Fibres and composites transforming industry series, Dr Stacey Konash introduces the increasingly popular circular economy concept. What will it mean for Australian composites users, their products and their business models?
Comment by Peter Roberts The Guardian put it beautifully on Saturday when it said that ‘Australian smarts and Chinese industrial might made solar power the cheapest power humanity has seen’. This is the power of nations working together towards a common goal – though perhaps not to the advantage of Australia industrially in the case…
