Imugene raises $18.2 million from investors Clinical stage immuno-oncology company Imugene has closed the Share Purchase Plan component of its capital raising in conjunction with the acquisition of the exclusive licensing rights to the CD19-directed allogeneic cell therapy. The SPP raised a further $18.2 million for the company. Imugene’s Executive Chairman Paul Hopper said: “With…
By Alan Labas, Federation University Australia; Benjamin Matthew Long, Federation University Australia, and Dylan Liu, Federation University Australia Food waste is a global problem with approximately 1.3 billion tonnes of food wasted each year throughout the food lifecycle – from the farm to food manufacturers and households. Across the food supply chain, Australians waste around…
Robotic and navigation technology manufacturer Advanced Navigation have unveiled a high-tech robotics manufacturing facility, based out of UTS Tech Lab in Sydney. The facility will scale up the manufacturing of Advanced Navigation’s AI navigation systems for GPS-denied environments, including the digital fibre-optic gyroscope (DFOG) technology, Boreas. Made with strategic-grade standards, DFOG is entering new markets…
KBR and QinetiQ have signed a teaming agreement to work collaboratively to deliver test and evaluation services for the Australian Defence Force, opening up greater competition in the underserved space. Under the agreement KBR and QinetiQ will share skills and experiences to build on both companies’ respective test and evaluation solutions, drawing on both global…
Phosphate chemicals producer Avenira has secured a manufacturing technology partner for its proposed lithium ferro phosphate (LFP) battery cathode materials plant planned for Darwin in the Northern Territory. The company, which is developing a phosphate mine at Wonarah in the Territory and a cathode plant at Darwin’s Middle Arm Sustainable Development Precinct, signed a technology…
Hydrogen fuel cell vehicle manufacturer H2X Global is to trial pumping oxygen into truck cabins to keep drivers alert in deal with South Korea’s NF Co Ltd. Pumping concentrated oxygen into the cabins of trucks aims to raise driver alertness, reduce fatigue, and improve road safety according to Sale, Victoria-based H2X Global. Under a Memorandum…
A merger between two Western Australian vanadium development companies will create a powerful, globally relevant business developing materials used in the burgeoning market for vanadium redox flow batteries (VRFBs). Australian Vanadium Limited (AVL) and Technology Metals Australia are to merge, bringing together their adjoining mining leases at Gabanintha, south of Meekatharra in Western Australia, where…
Melbourne-headquartered medical technology developer and manufacturer Neo-Bionica has announced the appointment of US-based Uli Gommel (pictured) as its new Chief Technology Officer. According to a statement from the company on Tuesday, Gommel will spearhead its mission to revolutionise the delivery to market of novel neuro-technologies and smart medtech devices. Neo-Bionica was established in 2021 –…
Unmanned aerial vehicle engine manufacturer Orbital UAV is to raise $4 million via a placement to a new major investor associated with Coogee Chemicals and existing institutional backers. The raising, at 0.14 cents which is a 16.7 premium on today’s market price, has attracted as new shareholder the Executive Director of Perth manufacturer Coogee Chemicals,…
By Peter Roberts Carbon fibre road wheel manufacturer Carbon Revolution has attracted a swag of leading automotive figures to join its executive team as the company moves towards a US stock exchange listing for its shares. The Geelong, Victoria company announced four US based senior automotive executives including: Bob Lutz, former General Motors Vice Chairman…
