The Victorian government-funded Breakthrough Victoria has made a $12 million investment into Aravax, part of a $66 million funding round in the biotechnology company, which is developing a novel peanut allergy treatment. Aravax is a clinical-stage company developing PVX108, its immunotherapy product that uses synthetic peptides to mimic key parts of peanut proteins to retrain…
Grant guidelines have been released for the next funding round of the Methane Emissions Reduction in Livestock (MERiL) program. Between $1 million and $3 million is available per project under “Stage 3: Validation and Demonstration Round 2” of MERiL, with applications open from February 7 until March 20. Grants can cover up to 80 per…
Silex Systems has announced an amendment to its 2019 offtake agreement with quantum technology business Silicon Quantum Computing, increasing SQC’s commitment for silicon products made from high-purity zero-spin silicon (ZS-Si) using Silex’s proprietary laser enrichment technology. According to a statement from Silex on Tuesday morning, the total value of the commitment has increased by $1.35…
By Peter Roberts For those hesitating on embarking on a company improvement process hesitate no longer – Perth mining equipment manufacturer Austin Engineering has shown the massive benefits available from reorganising and streamlining operations and investing in new machinery and manufacturing processes. The company, which manufactures large dump truck bodies for the mining sector and…
Wire arc metal additive manufacturing machinery manufacturer AML3D has reported the company’s second successive quarter of record quarterly cash receipts, reflecting the continuing strong momentum in the company’s US ‘Scale up’ strategy in the US defence sector. The strategy delivered over A$12 million of orders in CY2023 in support of the US Department of Defence,…
Commissioning has been completed and production ramp up is underway at Lynas Rare Earths new Kalgoorlie Rare Earths Processing Facility in Western Australia (pictured). Staff from the company’s Malaysian value-added metals production facility, which has been closed while capacity is increased to 10,500 tonnes of Neodymium and praseodymium (NdPr) per annum, are in Kalgoorlie assisting…
Perth shipbuilder Austal has been awarded a contract to construct a 32-metre catamaran for Rottnest Fast Ferries, based in Hillarys, Western Australia which will operate to the leisure destination island offshore of Perth. Collaborating with vessel designer Incat Crowther, Austal will begin construction of the aluminium catamaran at the company’s Philippines shipyard in the first…
