DroneShield shares jump on sales boost

Shares in Australian-Israeli anti-drone security company, DroneShield (ASX: DRO) leapt 22 per cent this week on more positive sales news. The company reported increased cash inflows for the June quarter, continuing positive cash flows from its drone detection and counter-measure product portfolio. Record cash inflows of $1.1 million were recorded, reducing net cash burn to…

Australia should reserve not import gas to lower prices, argues report

A report by the Institute for Energy Economics and Financial Analysis release this week argues that Australian gas producers are behaving like a cartel, and that a domestic gas reservation should be implemented to fix prices at $5 per gigajoule. The philanthropically-funded international organisation argues that gas prices – which are tied to electricity prices…

Edencrete sales push in India

Composite road surface developer Eden Innovations (ASX: EDE) has launched a sales push for its EdenCrete products in India. Eden reports that it is in discussions with leading Indian companies in the construction, infrastructure and ready-mix concrete sectors. The company has focussed to date on commercialising its carbon nanotube concrete additives in the United States,…