You can still get backing if you do something useful, Additive Assurance finds

Venture capital investment has slowed this year. But if your company does something that solves a real-world problem and that customers want as a result, then you can still get funded, believes Marten Jurg from Additive Assurance. Jurg’s company announced a $4.1 million raise last week, led by Significant Capital Ventures. AA’s products, which monitor…

ARENA acts on transmission line monitoring

The Australian Renewable Energy Agency (ARENA) has today announced a grant of $732,493 to Infravision Pty Ltd to develop, test and trial their ‘Next Generation Line Monitoring System’ to optimise electrical transmission grid performance. This innovation, delivering faster, safer and more cost-efficient drone-enabled line enhancements to electrical infrastructure, is an added feature to Infravision’s TX…

Ausdrill deploys HALO to WA

Drilling and blasting services provider Ausdrill has deployed its innovative HALO virtual reality and rock scaling robotic system into Western Australia ahead of site trials slated for next year. HALO (High Access Localised Operations) allows Rope Access Technicians to move to a safe distance where they can visualise the robot’s sensor data via video, and…