Australian-Israeli audio developer Audio Pixels is closer to its goal of a fully digital speaker system following the rectifying of a manufacturing fault that had held up development. The company, valued at $502 million on the Australian exchange, has been developing its digital speakers since 2006 at its Israeli technical centre. However micro-faults in the…
Leigh Creek Energy’s (ASX: LCK) success in in-situ coal gassification (ISG) at its South Australian coal deposit has allowed it to take its processes to China where it will be used to turn coal into hydrogen. The company announced today it had signed a heads of agreement with China New Energy (CNE) to form a…
By Stuart Corner of IoT Australia ETSI has taken its first steps towards developing standards for IoT applications in emergency communications, issuing a report that looks at how IoT can be used in all types of emergency situations, such as emergency calling and mission critical communications. It also envisages a new use case: automated emergency…
The South Australian Premier, Steven Marshall has gone to war with his Western Australian counterpart, Mark McGowan, over $8 billion worth of submarine maintenance work. McGowan has taken public a battle to take from Adelaide deep maintenance work on the Collins class submarines. But while the Collins submarines were originally built in Adelaide, they are…
Comment by Peter Roberts Since the recent federal election there has been a subtle and disturbing shift in rhetoric coming from Canberra. Press releases from industry minister, Karen Andrews always begin with the phrase ‘the Morrison Government’ is backing industry, or announcing grants or similar. On Friday ‘the Morrison government’ announced $30 million in Cooperative…
Internet of Things (IoT) sensor manufacturer CCP Technologies (ASX: CT1) went into a trading pause on Friday shortly after announcing progress in selling its sensors and services in a number of sectors. In a morning announcement, the company detailed sales to the food industry, biological sciences sectors, hospitals, and aged care and gambling institutions. However,…
Biopharmaceutical company Opthea (ASX: OPT) ended the week with its shares a record high of $2.91 following news of successful clinical trials, but despite a fall in sales and rising losses. The Melbourne company soared on news that it had achieved the primary endpoint in its Phase 2b trial of the company’s OPT-302 treatment for…
International bank BNP Paribas has labelled the economics of producing electricity from renewables as irrestible. Writing in the Financial Times, head of sustainability research at BNP Paribas Asset Management, Mark Lewis says renewables can no longer be framed an an ethical issue. The reason: renewables have a short term marginal cost of zero. Lewis said:…
China export specialist JATENERGY (ASX: JAT) has secured its Australian supply chain by buying 70 per cent of its supplier of infant formula. The exporter of Australian consumer products had paid $14 million in cash and shares to buy control of Melbourne-based Australian Natural Milk Association. The purchase comes with infant formula slots allowing imports…
Chemical technology company Calix (ASX: CXL) has signed up one of Europe’s largest suppliers of sulphur-based fertilisers as exclusive distributor for its magnesium hydroxiide. The company’s BOOSTER-Mag bioactiive magnesium hydroxide for agriculture will be distributed in Europe, Africa and the Middle East by Spanish fertiliser manufacturer, Afepasa. The 10-year agreement is subject to performance hurdles…
