Growing Neo-Bionica announces new CTO

Melbourne-headquartered medical technology developer and manufacturer Neo-Bionica has announced the appointment of US-based Uli Gommel (pictured) as its new Chief Technology Officer.  According to a statement from the company on Tuesday, Gommel will spearhead its mission to revolutionise the delivery to market of novel neuro-technologies and smart medtech devices. Neo-Bionica was established in 2021 –…

Manufacturing news briefs — stories you might have missed

Redflow raises further $6.75 million,  totalling $11.65 million from  Entitlement Offer  Energy storage company Redflow told the ASX last week that it has received firm commitments from institutional and sophisticated investors for an additional $6.75 million (before costs) via placement of entitlement shortfall shares, at a price of $0.21 per share. Combined with approximately $4.9 million…

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…