DroneShield finds way to get early access to R&D tax incentive

Australian anti-drone security company, DroneShield (ASX: DRO) has entered an agreement with R&D Capital Partners Pty Ltd which will enable it to access the equivalent cash to the R&D tax incentive long before they would otherwise receive it from the government. DroneShield has received the R&D tax incentive, most recently $500,000, each year it has…

LG Chem joins Envirostream to recycle batteries

Leading Korean lithium-ion battery manufacturer LG Chem has joined with Victorian company Envirostream Australia to develop safe and innovative recycling solutions to reduce battery waste. Describing Envirostream as “one of the pioneering recycle-luminaries”, LG Chem said in a statement the partnership would develop solutions to increase battery recycling rates, which “is an increasing threat to…

Rio launches, then re-launches robotic trains (according to the media)

Comment by Peter Roberts If you can have more farewells than Melba, then can you have more inaugurations that Rio Tinto? The media was ablaze over the weekend with reports that Rio had completed the inauguration of its $950 million autonomous rail system carrying iron ore in the Pilbara region of Western Australia. The remotely…

XTEK and Skykraft to develop spacecraft components and systems

Canberra and Adelaide defence equipment supplier XTEK (ASX: XTEK) has entered into an agreement with Skykraft Pty Ltd to jointly engineer and manufacture components and small spacecraft and space launcher systems. XTEK, manufactures Unmanned Aerial Systems (UAS), tactical weapons such as sniper rifles, protection equipment, and explosive ordinance disposal (EOD) robots, while Skykraft is a…

Alkane invests in technology to process zirconia and rare earths

Minerals technology company, Alkane Resources (ASX: ALK) has signed an agreement with a South Korean firm to develop new methods for refining zirconium and rare earths using an electrolytic process. Alkane, through its subsidiary, Australian Strategic Metals will invest $1.8 million in a pilot plant being developed by Korea’s Zirconium Technology Corporation. The plant will…