Deep tech companies must prepare for scale from day one and embrace long development timelines, according to the chief technology officer of ASX-listed semiconductor manufacturer BluGlass. Dr Ian Mann, who leads technology and operations at the Sydney-based company, said founders venturing into complex technology development should prepare for scepticism but stick to their vision. “Don’t…
Japanese drinks giant Suntory officially launched on Monday its new $3 billion multi-beverage business in the Australian marketplace, dubbed Suntory Oceania. Announced in August 2023, the establishment of Suntory Oceania creates the region’s fourth largest multi-beverage group with end-to-end responsibility for its portfolio of premium spirits, ready-to-drink alcohol beverages, juice, water, soft drinks, coffee, energy…
A team including energy technology company 1414 Degrees has been awarded an Australia’s Economic Accelerator (AEA) Ignite grant of $492,526 for a project progressing a proprietary hydrogen reactor. According to a statement to the ASX-listed company on Tuesday, the grant is for catalyst development concerning its SiPHyR (Storage integrated Pyrolytic Hydrogen Reactor) technology, and involves…
Benalla, Victoria’s LS Precast has been selected to make concrete segments for a 16-kilometre section of the Suburban Rail Loop, a transport and urban planning project currently being built in the state. According to a statement from SRL minister Harriet Shing on Friday, the company will supply over 96,000 segments for the section of twin…
Australian bedding manufacturer A.H. Beard, established in 1899, has appointed Matthew Beard (pictured) as its new CEO. According to a statement from the company on Monday, the appointment of the fifth-generation member of the Beard family is effective immediately. It adds that the new CEO joined the business from an early age, and has extensive…