M8 Sustainable raises $19.5 million Western Australian waste management business M8 Sustainable (ASX: M8S) raised $19.5 million and listed on the stock market. The company operates a waste recycling facility and a waste to compost and energy plant. Prescient makes progress in ovarian cancer trial Prescient Therapuetics has annnounced positive results from a stage 1b…
Security and risk management group AVA Risk Group (ASX:AVA) has won additional orders for Future Fibre Technologies’ (FFT) perimeter detection systems from government clients. The Melbourne company received orders worth $630,000 for FFT’s Aura Ai-2 platform which will be installed in sensitive US Government sites. A second order worth $350,000 was for FFT’s SecureFence platform…
Agricultural technology company Bio-Gene (ASX:BGT) has reported its proprietary Flavocide insecticide is highly toxic to dangerous Malaria carrying mosquitoes. In laboratory studies Flavocide successfully killed Anopheles gambiae mosquitoes that are resistant to synthetic pyrethroids, the most commonly used insecticides since the 1970s. Anopheles gambiae potentially carry Malaria, Zika virus and Dengue fever. “The company said…
France’s Naval Group which is to build Australia’s Attack class submarines has joined with the ARC Training Centre for Automated Manufacture of Advanced Composites (AMAC) and Airspeed Pty Ltd to explore the use of composites embedded with fibre optics. The AMAC, at the University of NSW, conducted proof of concept tests over a five day…
The world is rapidly shifting to renewable energy technologies. Battery minerals are set to become the new oil, with lithium-ion battery supply chains becoming the new pipelines. China is currently leading this lithium-ion battery revolution—leaving the U.S. and its allies including Australia dependent on imports. However, there is pressure to develop our own domestic energy…
Australia’s latest apprentice and trainee data shows a continuation of the long term slump which has halved Australia’s training effort in only seven years. The number of Australians in training, measured by the National Centre for Vocational Education Research (NCVER), has been in a savage slump since the election of the Coalition in Canberra. The…
Australian Dairy Nutritionals Group (ASX: AHF) has given the go-ahead for a $6 million organic infant formula plant at the Camperdown dairy park in south-west Victoria. The company made the move following the certification of its first dairy farm at Yaringa in the region as 100 per cent organic. Its first-stage organic infant formula plant…
Agricultural biotechnology company Terragen Holdings (ASX: TGH) is reporting sales up 45 per cent as it increases distribution of its two launch products. The Queensland company, which raised $20 million on listing, produces microbial-based treatments and feeds at its Coolum plant. The company reported sales up until November of its Great Land microbial soil conditional…
Perth global shipbuilder Austal (ASX: ASB) has delivered its latest expeditionary fast transport ship, the USN Puerto Rico (EPF 11), to the US Navy at a ceremony at its yard in Mobile, Alabama. In August the vessel was the first of its class to complete integrated sea trials, involving builder’s trials and acceptance trials, in…
By Peter Roberts Defence, space and communications group Electro Optic Systems (ASX: EOS) has raised $85 million from investors and shareholders, confirming investor appetite for progressive manufacturers. The company announced it had raised $17 million – $10 million more than initially sought – in a share purchase plan from existing shareholders. This came on top…
