Industry minister Ed Husic and CSIRO have talked up the economic opportunities available from the quantum computing sector at a CSIRO quantum commercialisation forum in Sydney. Husic told the forum 19 quantum‑related companies in Australia had received combined funding and investment of over $400 million in recent years, spanning hardware and software. He made an…
Lockheed Martin opens Adelaide office Defence prime contractor Lockheed Martin Australia’s new Adelaide city office has been officially opened by South Australian Deputy Premier Susan Close. Close unveiled a commemorative plaque to mark the occasion together with LMA employees, industry partners, academia, business and Indigenous leaders. The new 930 square metre purpose designed office will…
Defence, space and communications manufacturer Electro Optic Systems has come to an agreement with major shareholder Washington H. Soul Pattinson that secure its immediate financial future. The Canberra company, whose share price has plunged as it faces a massive need for capital, confirmed a previously announced one-year, $20 million working capital facility from the diversified…
A new multi-functional material which can be used to purify water, as a recyclable construction material, and as a lightweight machine component can also be moved remotely by a magnet. The new material that has been created and tested in the Chalker Research Lab at Flinders University, is made from magnetic iron particles and a…
Regenerative tissue implants company Osteopore has had its products included included into the Therapeutic Goods Administration’s Protheses List next month, making them more accessible to Australian patients. Osteopore’s regenerative implants empower natural tissue regeneration, using 3D-printed bioresorbable silicone implants which create a scaffold which guides a damaged or broken bone to regrow naturally. All of…
