Defence to use Myriota’s IoT data network

The defence department will utilise Myriota’s nanosatellite and IoT communications networks to retrieve data from hundreds of defence sites globally under a $5.5 million defence innovation contract. The Defence Innovation Hub contract will see the Adelaide company expand its cutting-edge satellite communications network and provide defence with an alternative global, space-enabled communications network. The contract…

LI-S battery producer booms on ASX listing

Advanced lithium sulphur battery developer Li-S Energy debuted on the stock market yesterday immediately more than doubling in value as investors sought the promising alternative to lithium ion battery technology. Li-S, which is commercialising the batteries developed at Deakin University’s Institute for Frontier Materials, ended the day’s trading up 174.1 per cent or $1.48 to…

Quad commitment on semiconductor supply chain, tech principles

By Joseph Brookes The Australian government has agreed to map the supply chains of critical technologies and materials, including semiconductors, as part of an agreement with fellow Quad nations on technology development, governance and use. 5G, artificial intelligence, cybersecurity and space access were also highlighted as areas of cooperation in the first in-person meeting by leaders…

Silex raises $40m for uranium, silicon enrichment technology

Technology developer Silex Systems has raised $33 million from investors and launched a share purchase plan to raise a further $7 million to progress its uranium enrichment pilot plant and develop manufacturing technology for zero-spin silicon likely to be used in making quantum computing chips. The company raised the funds from domestic, international and uranium…