$US 2.5 million seed round for Sydney sensor maker
University of NSW Sydney spinout robotics business Contactile has announced a $2.5 million seed round, led by Silicon Valley-headquartered True Ventures.
Why you should be thinking about customer retention – not just acquisition
ADVERTISING FEATURE. By PIER Marketing It goes without saying that customer acquisition is an essential aspect of any business’s marketing strategy. But customer retention — the art of holding onto the customers you already have — is equally important. In fact, depending on where your business is at in its journey, customer retention might even be more important than acquisition.…
Native reed cleans up dangerous PFAS chemicals
University researchers have demonstrated the ability of floating wetlands of common native reeds to remediate some of the world’s most indestructible and dangerous industrial chemicals known as PFASs. The scientists at the University of South Australia studied the ability of native rushes – Phragmites australis, Baumea articulata, and Juncus kraussii – to remove PFAS’s (per-…
QuantX’s atomic clock gets support
QuantX, the company that has developed some of the world’s most accurate clocks, has won $1 million from SmartSatCRC to develop a new atomic clock designed to operate in space. The Adelaide technology company will accelerate development of a new atomic clock designed to provide the most precise timing for satellites in space, according to…
Victorian budget to add to industry investment fund
The Victorian Budget 2022/23 to be delivered today includes a number of industry initiatives, including $40 million over two years to help fast-growing companies expand further through the Victorian Industry Investment Fund. The fund supports companies in health, food production, technology, advanced manufacturing and business services to develop more products, create jobs and boost sales,…
USYD students test launches Bluewren rocket
Students of the University of Sydney’s rocketry society, the USYD Rocketry Team, are aiming for gold after successfully launching the Bluewren rocket (pictured) destined for international competition this year. Last week, the student team’s rocket, Bluewren, soared to a target height of 30,000 feet – roughly nine kilometres – over the Menindee Lakes in far…
Nominations open for WA innovation awards program
Nominations opened on Tuesday for the Western Australia Innovator of the Year Awards, a program running since 2006 and recognising the state’s “brightest talent for creating emerging new products, technology or services in the early stages of development.”
Nova Eye Medical tackles macular degeneretion
Ophthalmic treatment device manufacturer Nova Eye Medical has defined with the US Food and Drug Administration the clinical studies needed to progress to market its novel treatment for macular degeneration, a disease affecting the retina for which there is no cure. The company has been developing a 2RT minimally invasive retinal rejuvenation laser for intermediate…
MotorOne, Swinburne team up for Industrial IoT project
Automotive aftermarket company MotorOne Group is leading a six-month project that will digitalise manufacturing and quality assurance, assisted by a $63,000 grant from the Innovative Manufacturing CRC’s activate program.
Monash opens new robotics lab
Monash University has opened a new $6.5 million Monash Robotics Lab as the newest part of its robotics precinct. In a statement on Tuesday, the university said the lab would link researchers to develop new solutions with economic and wellbeing impact. It includes “experimental space and equipment to enable realistic experimental validation” and would help…