By Peter Roberts Queensland’s ARM Hub is supporting a local start-up to build a smart lithium battery for Australian homes, at the same time demonstrating its unusual-for-Australia innovation model. The batteries have a special casing that enables them to be repaired remotely, and the company, Vaulta, is scaling their pilot assembly plant at the ARM…
Brisbane battery technology company Vaulta has received its first international investment as its aim to close the loop on a circular economy through recyclable batteries goes global. Vaulta, a three-year-old company founded by design engineer Dominic Spooner, creates recyclable batteries from no-weld, easy-to-disassemble cases. These cases allow for internal cells to be removed, recycled and…
Brisbane battery casing technology company Battery Graphene Corp, also known as Vaulta, is to develop new battery products with three Canadian companies specialising in high performance lithium ion batteries. Vaulta has signed a memorandum of understanding with Braille Energy Systems, Focus Graphite and Grafoid to conduct market analysis on co-developed projects. Braille produces batteries used…
Advanced composites manufacturer Quickstep and battery casing technology company Vaulta are to collaborate to develop new electric technologies. The companies have signed a Memorandum of Understanding (MOU) to develop new products and capabilities for renewables and electric-powered land and air vehicles. Vaulta is developing battery casings that promise reduced cost, complexity weight and space usage…
Brisbane start-up Vaulta will utilise graphene in a new lithium-ion battery casing it is developing following a successful capital raising. The company, which is commercialising a simpler method for manufacturing the casings, has raised $320,000 from ACAC Innovation, Artesian and Brisbane angel investors. One of its first actions was to hire four new staff, including…
Mining analysis drives XRF Scientific growth Scientific equipment and chemicals manufacturer XRF Scientific (picture) has ridden a wave of increased mining and industrial activity, as well as geographic growth, to report a 30 per cent growth in March quarter profit of $2.8 million compared to the previous corresponding period of $2.2 million, on revenue up…
Survey suggests SME optimism despite inflationary pressures and recession fears: The latest annual SME Compass Report by lender Banjo Loans found 70 per cent believe 2023 will be a year of revenue growth for them. The survey of 1,011 respondents found they were “feeling upbeat about the future and reporting revenue growth despite the pressures…
Dominic Spooner founded Brisbane battery casing design company Vaulta in response to the looming environmental disaster of batteries from electric vehicles. Currently they mostly go to landfill, a massive waste of resources and an environmental menace. Here Spooner outlines a design-led solution.
Eight companies have been awarded Accelerating Commercialisation grants totalling $3.2 million.
Aerospace composites manufacturer Quickstep has reported steady growth in sales for the first half of FY21 with sales up eight per cent to $41.5 million, the rise attributable to the company’s involvement in making tail sections for the F-35 Lightning jet fighter. However the rising Australian dollar hit EBITDA margin as did the end of…
