Breakthrough Victoria invests in gut gas detection startup

Breakthrough Victoria has announced an investment in Atmo Biosciences, a medical technology company that has developed capsules that are swallowed and electronically diagnose gastrointestinal disorders. Breakthrough Victoria — an independent company set up in 2021 to manage the state government’s $2 billion Breakthrough Victoria Fund — did not disclose the size of the investment. In…

SA, federal governments announce $100 m for Port Bonython hydrogen infrastructure

The South Australian and federal governments have announced the finalisation of $100 million in funding for the Port Bonython Hydrogen Hub, supporting the development infrastructure for the state’s first hydrogen export terminal. Sixteen kilometres from Whyalla, Port Bonython is currently used to export resources derived from the Cooper Basin oil fields, including crude oil and…

SmartSat CRC backs ACT space technologies

The SmartSat Cooperative Research Centre (CRC), has announced a suite of new R&D projects and university appointments that inject new funds into research in space technologies addressing bushfire resilience, spacecraft system autonomy, space objects surveillance and cyber security. One of two new research projects co-funded by SmartSat and ACT Government brings together the Australian National…

Bridgeman to invest in Townsville advanced manufacturing

A new advanced metal manufacturing and fabrication facility is to be built in Townsville by metals manufacturer Bridgeman Agencies to service defence, aerospace and construction customers. Thanks to funding support from state government’s $415.5 million Industry Partnership Program, Bridgeman will invest $1.7 million in an advanced metal manufacturing and fabrication facility in Townsville. The project…