US technology company Keysight Technologies has taken a strategic stake worth $15.28 million in medical imaging company EMVision. In a statement on Thursday, EMVision said the investment represented a significant milestone, and would accelerate commercialisation of the portable brain scanner emu, its first product. Keysight will be issued 7,454,231 new ordinary shares at $2.05 per…
Medical device manufacturer EMVision has signed a five year agreement with the Australian Stroke Alliance and will begin to access $8 million in federal frontier research funding to further develop its electromagnetic microwave imaging stroke detection system. The company’s technology, developed by Professor Amin Abbosh and Professor Stuart Crozier at the University of Queensland, is…
Australia-United Kingdom Free Trade Agreement takes effect The Australia-United Kingdom Free Trade Agreement (A-UKFTA) came into effect this week, eliminating export costs for some manufacturers sending goods to the United Kingdom. The A-UKFTA eliminates tariffs on over 99 per cent of Australian goods exports to the UK, including exports of wine, honey, nuts, and manufactured…
Zip Water appoints new Director of Marketing and Innovation Drinking water systems manufacturer Zip Water has appointed Vivian Zurlo as its new Marketing and Innovation Director ANZ. According to a statement this week, the role will see Zurlo lead strategic marketing initiatives across commercial, residential and service channels, as well as innovation, to further elevate…
Queensland’s ARM Hub turns three years old Queensland’s Advanced Robotics for Manufacturing (ARM Hub) is celebrating its third anniversary this week with celebrations including cake and a string quartet. Assistant Minister from Manufacturing Senator Tim Ayres will highlight the government’s $15 billion National Reconstruction Fund, while Linda Dobe, a/Deputy Director in Manufacturing, Queensland state government,…
EMVision cashed up from three government and non-government grants Medical imaging company EMVision Medical Devices expects to receive $8.8 million in funding from three grant programmes in the current quarter. The company received in November $1.2 million in milestone payments from the Australian Stroke Alliance which is funding its development of a system utilising microwaves…
The Australian Stroke Alliance’s multi-million effort to develop a stroke imaging system small enough to mount in an ambulance to scan patients at the point of care has taken a big step forward. EMVision, one of two companies backed by the ASA to develop a breakthrough new scanner, has delivered and commissioned its first portable…
Senate rejects ARENA fossil fuel plans The Senate took advantage of the absence of Senator Pauline Hanson to reject government plans to extend the remit of the Australian Renewable Energy Agency to allow it to invest in so-called ‘low-emissions technologies’. The opposition, greens and cross-benchers feared this would divert funds set aside for investment in…
