Modular data centre manufacturer DXN has announced a contract worth approximately $1 million with Anglo Coal for a project at the Capcoal complex in central Queensland’s Bowen Basin. The contract covers development of a standard design fit for purpose at the site, delivery of this, plus the option for DXN to provide annual maintenance for…
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…
SMC Corporation Australia New Zealand has announced that its Managing Director, Wayne Driver, will be taking an early retirement due to unspecified health and personal reasons, effective April 1. This decision marks the end of his 33-year tenure at SMC, a Japanese-headquartered specialist in pneumatic and electric automation equipment. “This decision has not been taken…
ChemX signs MoU with lithium–ion battery company C4V ASX-listed high–purity battery materials development company ChemX Materials has announced the signing of a non–binding Memorandum of Understanding (MoU) with US–based battery technology company C4V. C4V is involved in some of the world’s largest gigafactory developments, including Recharge Industries’ gigafactory in Geelong, Australia, as well as iM3NY’s…
Melbourne-based electric motorcycle manufacturer Savic Motorcycles is seeking investment ahead of production of its C-Series, which was awarded Australian Design Rules (ADR) certification in December. On Thursday morning Savic told those on its mailing list that it has “decided to extend our capital raising through Equitise, the renowned crowdfunding platform, so that you, our supporters…
CSIRO releases new renewable storage roadmap Storage of renewable energy will be “essential” to Australia reaching net zero transition and will require significant investment, according to a roadmap released by the national science agency, CSIRO, on Wednesday. The Renewable Energy Storage Roadmap shows that the national electricity market (NEM) could require a 10 to 14-fold…
The federal government has announced approximately $3.2 million in matched funding to six defence industry SMEs. The grants came through two programs, Defence Global Competitiveness and Sovereign Industrial Capability Priority. According to industry minister Pat Conroy, the grants would help provide “the opportunity to deliver cutting-edge manufacturing and maintenance capabilities” to the Australian Defence Force…
Group 6 Metals and Fortescue Future Industries have announced a non-binding memorandum of understanding, enabling the pair to explore using renewable energy, heat energy and hydrogen at the Dolphin Tungsten Mine on King Island, Tasmania. Group 6 is currently redeveloping the mine, which it owns 100 per cent of, and which has been closed since…
Apprentice numbers on the rise The latest data from the National Centre for Vocational Education Research (NCVER) show there were 402,245 apprentices and trainees in-training as at 30 September 2022, 14 per cent higher than at the same time in 2021. The figures, in the report Apprentices and trainees 2022: September quarter, also show apprentice…
By Sam John, The University of Melbourne Since it was founded in 2016, Elon Musk’s brain-computer interface (BCI) company Neuralink has had its moments in biotech news. Whether it was the time Musk promised his “link” would let people communicate telepathically, or when the whole company was under investigation for potentially violating the Animal Welfare…
