ACE-EV sets up composite electric vehicles R&D site

Queensland electric vehicle company ACE-EV Group will today unveil plans for a specialist design studio for composite electric vehicles, bringing together research resources in Australia, Taiwan and Germany. Flinders University and ACE EV with partners in Stuttgart and Ningbo, will sign a partnership agreement at 2.00pm at the Tonsley innovation precinct, south of Adelaide. The…

De.mem buys German water treatment business

Australian-listed water and wastewater treatment business De.mem (ASX: MEM) has bought German wastewater company Geutec Umwelt-und Ambwassertechnik GmbH based in Essen. The Singapore-Australian company announced it had bought a 75 per cent stake of Geutec , which operates in the European industrial market, complementing De.mem’s largely Australian and Asian mining and resources clientele. The purchase…

Orica and BHP create the world’s biggest blast – video

Explosives business Orica (ASX: ORI) has teamed up with miner BHP to create the world’s biggest wireless mine blast at a site in Central Queensland. The competion of a third blast in a series testing industry-leading ORICA WebGen technology has given BHP Mitsui Coal’s Poitrel Mine the title of world’s largest blast using wireless technology.…

The future of nanotechnology in medicine – infographic

Around the world, researchers are increasingly thinking smaller to solve some of the biggest problems in medicine. Though most biological processes happen at the nano level, it wasn’t until recently that new technological advancements helped in opening up the possibility of nanomedicine to healthcare researchers and professionals. Today’s infographic, which comes to us from Best…

Admedus sells cardio business for $36 million

Cardiovascular device manufacturer Admedus (ASX: AHZ) has sold the distribution rights to its CardioCel and VascuCel product range for $A36.2 million to LeMaitre Vascular Inc. The company, whose ADAPT engineering process produces implantable tissue bio-scaffolds for a range of cardiovascular and vascular applications, will receive $22.8 million in an upfront payment. the remainder will flow…