3D Metalforge in new capital raising Additive manufacturing production bureau 3D Metalforge has raised $2.12 million before costs via a single tranche share placement. The placement, strongly supported by new institutional and sophisticated investors, also came with the issue of free attaching options which expire in five years time. The funds will be used to…
Iot satellite manufacturer Fleet Space Technologies has revealed GeoSphere, a first-of-its-kind system that is a passive, non-destructive technique to assess site viability for mineral and material deposits. According to social media posts GeoSphere combines wireless Geodes, intelligent cloud processing and a constellation of low earth orbit (LEO) nanosatellites to discover critical resources up to 100…
Drone detection and countermeasure company DroneShield has reached compliance with the UK Ministry of Defence SAPIENT format which is the standard counter drone communication system in the UK. Sensing for Asset Protection with Integrated Electronic Networked Technology or SAPIENT is a common operating format for defence devices. It offers a standard approach for AI and…
The first C-Series carriage, part of the first train manufactured in Western Australia since 1994, is currently being tested at the Bellevue Railcar Manufacturing and Assembly Facility ahead of on-track trials later this year. The first railcar is undergoing tests at the site’s High Voltage Testing and Commissioning Facility, to be followed by a fitout,…
Global Energy Ventures has received critical regulatory approvals allowing planning for a giant green hydrogen production and export scheme to be constructed on aboriginal land on the Tiwi Islands offshore of Darwin in the Northern Territory. GEV plans a 2.8 GW solar pv array, a 30km electricity transmission line and a green hydrogen and production…
The first two planned hydrogen hubs have received expressions of interest representing $4 billion in investment and 5,900 megawatts of electrolyser capacity, according to the NSW government. The government has allocated $70 million to its Hydrogen Hubs program – with the first two planned for the Hunter and Illawarra regions – as part of its…
Australian hydrogen fuel cell vehicle manufacturer H2X Global has announced it has signed an agreement with one of Sweden’s major municipal waste companies to provide hydrogen fuel cell powered trucks and light vehicles. Renova, which is owned by 10 municipalities across the Gothenburg region in western Sweden, and H2X Global have signed a memorandum of…
Researchers from the University of Queensland have developed a new process for coating a cathode, published in the journal Nature Communications, which they say could more than double the durability of lithium ion batteries.
Comment by Peter Roberts The news that the federal government is moving to vastly enlarge the size of the Osborne naval shipyard in Adelaide should refocus attention on the immense scale of efforts to build nuclear submarines in Australia perhaps costing as much as $171 billion over their lifetime. It should also focus attention on…
Comment by Peter Roberts Victorian senator Kim Carr has announced he will not be re-contesting his seat in the senate in the upcoming election, with his departure a sad loss to Australian public life and especially to the battle to value innovation and manufacturing in national policy. Carr has been rather unfairly characterised by his…
