MCi Carbon has announced its fourth piece of funding from a Japanese investor, with Mitsubishi UBE Cement Corporation (MUCC) taking a $US 5 million (approximately $8 million) stake in the carbon capture and reuse technology startup. In a statement on Wednesday, MCi said the current fundraising round of over $US20 million ($32 million) was committed…
Livestock feed supplement maker CH4 Global has begun what it says is the world’s first example commercial-scale production of the seaweed asparagopsis, formally opening the first stage of its Louth Bay, South Australia EcoPark this week. The company shared on Wednesday that it has ten large-scale cultivation ponds growing the red seaweed – which can…
First Graphene books R&D tax rebate First Graphene has told shareholders that it has received a tax rebate of approximately $404,300 for R&D work conducted at its Henderson facility in Western Australia. The company said the amount was delivered “following a series of work completed… to improve manufacturing of its in-demand PureGRAPH products.” The work included…
Nowra, NSW is poised to become the latest hub for cutting-edge public transport innovation, as Foton Mobility Distribution, an Australian-owned bus manufacturer, plans to establish a new 6,000 square meter electric bus manufacturing facility. This development, scheduled to begin construction in late 2025 pending council approval, aligns with the NSW Government’s commitment to revitalising local…
Breakthrough Victoria has invested $800,000 in Diag-Nose.io Medical (DNM), a Melbourne-based innovator in respiratory healthcare, to enhance clinical management and drug discovery for chronic respiratory diseases globally. Originally launched from Stanford’s ENT Innovation Program and now headquartered in Notting Hill, Melbourne, Diag-Nose.io is revolutionising the treatment of chronic respiratory diseases (CRDs) like asthma and COPD,…
Get ready to watch the stars a little more closely! South Australia’s AICRAFT has just teamed up with CONTEC Space Optics (CSO) to turbocharge space telescopes with some seriously speedy tech. Announced on Thursday, January 30, 2025, this partnership is all set to send edge computing modules into orbit, making ultra-high-resolution Earth observation not just…
The Commonwealth and state governments have announced that $14.6 million will be invested in a WA Defence TAFE Centre of Excellence, According to a statement on Wednesday, the centre will teach “the newest and best skills across maritime, air, land, space and cyber security sectors”, as well as help WA workers “to upskill and secure…
Ai Group on inflation: “the worst is behind us, but”… Employer representative the Australian Industry Group has welcomed new inflation figures released by the Australian Bureau of Statistics on Wednesday, but cautioned that there is “a lot of work to do” in returning the nation to “a stable economic footing”. The ABS tracked inflation at…
CSIRO’s quantum researchers have catapulted Australia into the future of big data analysis. On January 29, 2025, they unveiled a quantum machine learning feat that could soon have us zipping through traffic, optimising energy use and revolutionising healthcare with unprecedented efficiency. Their work, a cornerstone of the UNESCO-declared International Year of Quantum Science and Technology,…
In the ever-evolving landscape of Australia’s copper tube and wire manufacturing, the sector shines with a promising yet challenging future. As detailed in the IBISWorld Market Research Report, the industry has achieved a robust annual growth rate of 2.9 per cent, culminating in a revenue of $755.2 million by 2025. Yet, this growth is tempered…
