Hydrogen fuel cell vehicle manufacturer H2X Global has secured funding to support working capital needs in the European rollout of its vehicles through a strategic cornerstone agreement. H2X Global, 20 percent owned by green hydrogen developer Pure Hydrogen, executed a term sheet agreeing to invest an initial $3.4 million equity funding into the company. The…
Australian battery manufacturer Energy Renaissance believes Australia is now at a point where it’s equally cost-effective for SME businesses to harness the power of the sun and store it in batteries as it is to tap into the grid. Based on the default market offers (DMO) recently announced by the Australian Energy Regulator (AER), this…
Unmanned aerial vehicle engine manufacturer Orbital UAV has boosted sales revenue in FY23 in a year where it is engineering a move from a former dependence on one customer – drone manufacturer Boeing subsidiary Insitu. The Perth company revealed revenue from drone engine sales of $17.2 million in FY23, up from $15.7 million in the…
The South Australian government is aiming towards its goal of achieving net zero emissions by 2050 through trials of greener public transport options. The state, which still utilises diesel suburban trains on some lines and diesel buses is trialing diesel hybrid trains on Adelaide suburban rail lines that are not yet electrified. While Adelaide’s busiest…
Ophthalmic treatment device manufacturer Nova Eye Medical has reported strong sales results following the US launch of its latest iTrack Advance glaucoma surgical device. The iTrack Advance is a consumable device with an illuminated fibre optic tip designed to improve the efficacy of canaloplasty surgery in treating glaucoma. The updated device was launched in May…
The Western Australian government has entered into exclusive negotiations with renewable energy proponents at Narngulu Industrial Estate in Geraldton, WA for the construction of the the state’s first green ammonia export plant. Progressive Green Solutions, in partnership with Samsung C&T and KOMIPO (Korean Midland Power Co), are proposing to build a plant which is expected…
The manufacturing sector has continued its trend towards contraction in July, with the Ai Group Australian Industry Index losing 2.8 points to -14.7 points – the broad gauge of industry conditions has been negative for the past fifteen months. Meanwhile the Australian PMI indicator which focuses more closely on manufacturers fell to -25.6, indicating contractionary…
Sydney based space computing manufacturer Spiral Blue has announced a partnership with the University of Sydney for the ground-breaking TOLIMAN Space Telescope Mission – Australia’s largest space-based astronomical observatory. Now under construction, TOLIMAN is a 12.5cm space telescope that will be carried by a 16U CubeSat bus to a 550km sun-synchronous orbit when launched in…
Drone detection and countermeasure company DroneShield has launched a new target area-specific Satellite Denial System for disrupting drones (pictured). The company, which manufactures in Sydney as well as internationally, also revealed an initial order from a Defence customer – which as is usual it did not name – for its new denial systems. The company…
By Melita Jazbec, University of Technology Sydney; Andrea Turner, University of Technology Sydney, and Ben Madden, University of Technology Sydney Most Australian food waste ends up in landfill. Rotting in the absence of oxygen produces methane, a potent greenhouse gas. While some facilities capture this “landfill gas” to produce energy, or burn it off to…
