Internet of things satellite connectivity developer Fleet Space Technologies has announced its first international expansion, opening a US headquarters office in Houston, Texas. The expansion follows the company’s oversubscribed Series B funding round which raised $26.4 million in November 2021. US investors InQtel, Alumni Ventures and Momenta Ventures backed the capital raising. CEO Flavia Tata…
Silentium Defence has announced it will extend the capabilities of its passive radar systems to small to medium drones and unmanned aerial systems (UAS), adding to airborne surveillance capabilities. The Adelaide company will leverage the size, weight, and power advantages of passive radar over existing active radar capabilities to extend survivability and range of unmanned…
Defence and aerospace composites manufacturer Quickstep has announced an improved parental leave package for all employees including parental leave of up to 16 weeks for all primary carers, an increase from today’s four weeks. Under the industry-leading arrangements employees will be able to access leave at half-pay, extending the paid period of leave to one…
Sporting rifle manufacturer Lithgow Arms is stepping up its global marketing efforts with a new partnership with Fuller Global and Outdoor Sporting Agencies (OSA). Lithgow Arms, part of the global Thales defence group, already exports its CrossOver and Woomera firearms to 14 countries and anticipates growth in export markets and Australia of 300 per cent…
Fortescue Future Industries has pounced on an Australian technology that produces green hydrogen through the use of a thermo-photocatalyst and solar radiation, avoiding more traditional and costly electrolysis. FFI today announced it had bought a stake in South Australian company Sparc Hydrogen, an offshoot of graphene technology company Sparc Technologies that is developing next-generation green…
Comment by Peter Roberts The university sector has has been sadly neglected by the federal government in the past decade, and yesterday Prime Minister Scott Morrison signaled that academic research would continue to come second to a national priority on research that leads to manufacturing and other economic outcomes. The neglect of science is unforgiveable…
Australia’s largest producer of minerals used to manufacture high technology products, Lynas Rare Earths has received ministerial approval for the rare earths processing facility it is constructing at Kalgoorlie in Western Australia. The company announced that a ministerial statement had been issued under the Environmental Protection Act 1986 (WA), one of a number of approvals…
Technology developer Silex Systems hopes to produce initial commercial quantities of zero-spin silicon (ZS-Si) used to make computer chips for cutting edge quantum computers from 2023 onwards. The company announced that it had completed the second stage of its ZS-Si project and successfully demonstrated silicon enrichment at a prototype scale. ZS-Si is a unique form…
Building products group Boral will return $3 billion in ‘surplus capital’ to shareholders marking the end of a sales spree of key business forced on it by a disastrous foray into the North American market. CEO Zlatko Todorcevski, who replaced Mike Kane in the top job following its US troubles, characterised the return as a…
The federal environment minister Sussan Ley has toured Waratah-based steel maker Molycop’s facilities in NSW to view in person efforts to decarbonise steel production. Ley joined UNSW SMaRT Centre Director, Professor Veena Sahajwalla at the Newcastle steel works to see up close SMaRT’s Green Steel technology that uses waste to replace coke and coal in…
