An ingestible capsule used to monitor gut health markers has taken another small step towards commercialisation, with RMIT University transferring IP ownership to Atmo Biosciences. Digital health business Atmo Biosciences is commercialising a capsule that it says “measures gases as it travels through the gastrointestinal tract and transmits the data wirelessly” and which was first…
Sunshine Coast, Moreton Bay commit to defence industry Moreton Bay region industry representatives have signed up to an agreement on sovereign defence priorities. An industry-led communique was signed at a Sunshine Coast event last month, led by representatives from Regional Development Australia Moreton Bay and Sunshine Coast (RDAMBSC), Australian Industry and Defence Network, Manufacturing Excellence…
Prime minister Anthony Albanese has committed $24 million to help modernise the historic Boyer Paper Mill, north-west of Hobart, the nation’s last producer of newsprint and communication paper. A statement from the Australian Forest Products Association describes the assistance as helping the mill transition its boiler infrastructure power “from coal to electricity along with other…
Reproductive technology company Memphasys came out of a trading halt on Monday morning, telling investors that it has received binding commitments to raise $1.275 million through a strategic placement. In a statement to the ASX, Memphasys said the commitments were from new and existing shareholders, amounting to 212,500,000 ordinary shares at $0.006 per share. Participants…
Solar and hydro thermal energy startup RayGen Resources has announced the close of a Series D funding round worth $127 million, led by a follow-on investment from US oil and gas services company SLB. In a statement on Thursday, the company said the $31 million investment from SLB was in addition with the execution of…
@AuManufacturing/the Australian Manufacturing Forum have teamed up with a small group of trusted partners to provide help to those wishing to sell their business. We have been approached by investors keen to acquire Australian manufacturing companies. If you’re considering an exit, we’re able to arrange a confidential, no-obligation discussion with our partners. Get in contact…
HEO shares progress on Holmes Mk2 space camera Space business HEO has shared that work is well underway for its first Holmes Mk2 flight model camera, with the team undertaking “the finishing touches and prepar[ing] for the final phase of testing. In an update on Linkedin, HEO said its smallest non-Earth imaging camera, “provides a…
A measure of turnover data published by the Australian Bureau of Statistics since 2021 has shown manufacturing outpacing all other industries for February, with a strong rise in metal products. The ABS’s experimental Monthly Business Turnover Indicator tracks 13 industries, with an aggregate rise in turnover of 0.2 per cent (in seasonally-adjusted terms) for the…
Greensteel Australia announced on Thursday that it has placed an order with steelmaking infrastructure company Danieli Group, “valued in excess of $1.6 billion”, representing stages two and three of a proposed “ultra-low-carbon steel mill”. The order includes a direct reduced iron (DRI) plant, two electric arc furnaces, a structural steel rolling mill, and a second…
CSIRO has shared details of teams making up the ninth cohort of its ON Accelerate program, featuring technologies including 3D printing for flexible ceramic solutions, a new therapeutic for treating pneumonia, and energy-efficient ammonia production. In a statement on Thursday, the nation’s scientific organisation described the program as a “structured three-month accelerator” helping entrepreneurial researchers…
