Medtech business Headsafe has commercialised Nurochek, a portable headset for concussion screening which it calls its “brain scanner in a briefcase”, and which has been approved for sale in the United States. According to a statement from Headsafe and the Advanced Manufacturing Growth Centre – which supported development of Nurochek through a $447,500 Commercialisation Fund…
EM Energy, a startup commercialising a method of making green hydrogen from organic waste, has been awarded a $50,000 MVP grant from the NSW government. The company’s Organic Hydrogen Electrolyser Cell (OHEC) creates green hydrogen from organic materials, without needing energy and heat, according to a statement on Monday from NSW innovation minister Anoulack Chanthivong. …
Arafura Rare Earths has received conditional approval for debt financing of up to US$150 million from The Export-Import Bank of Korea (KEXIM), bringing the financing of the giant Nolans Project closer to closure. The financing comprises a direct loan facility of up to US$75.1million and a loan guarantee up to US$74.9 million, with the company…
Australia’s resources and energy export earnings are forecast to normalise over the next two years as commodity prices return to long-term levels following a price spike brought about by Russia’s invasion of Ukraine. The June 2024 Resources and Energy Quarterly (REQ) from the Department of Industry, Science and Resources estimates export earnings of $417 billion…
Garden products and irrigation systems manufacturer Pope Products has been sold by its owner The Toro Company to a new US based owner – non powered garden products manufacturer The AMES Company. Toto will retain its own brand products in Australia while Pope Products, which traces its roots back to 1925, will continue to operate…
Adelaide advanced PC maker Allied Corporation is taking its Chromebook manufacturing partnership with Google international. Allied and Google Education executives last week in Pakistan signed agreements that will see Allied and Google partner with the Pakistan Minister of Education to produce more than 500,000 Google Chromebooks for use in that country’s education system and digital…
Cold spray additive manufacturing business Titomic has announced the sale of a custom-built high-pressure system to the Oregon Manufacturing Innovation Center (also known as OMIC R&D) for $US 790,000 (approximately $1.2 million.) According to a statement to the ASX from Titomic on Monday, the Portland, Oregon, commercial research and development service provider will gain ability…
The Victorian government has announced a round of 20 grants valued at $50,000 each the companies under the Medtech Market Growth Program. The funding was announced at the office of medtech startup Livac on Monday morning. Livac is developing a medical device (pictured) to help safely retract the liver during surgery. Livac and novel blood pressure…
Mining equipment company Austin Engineering has announced a revised remuneration package for its CEO and Managing Director David Singleton this financial year, and that Singleton will remain in his role until June 30, 2025. In a statement on Monday, the Perth-headquartered company – which manufactures large dump truck bodies and other equipment for the mining…
While issues such as quantum computing attract political action, Australia is losing the sovereign ability to manufacture even basic products such as plastics and downstream products such as paint. According to Shane West, the closure of plastic raw material production by Qenos requires government intervention. How to respond to the loss of Qenos – Australia…