Brain imaging technology company EMVision Medical Devices has moved to its second phase of human testing of its innovative portable brain scanner. The company’s first generation scanner, which uses microwave imaging techniques to detect strokes at an early stage, previously successfully completed a stage 1 trial with 30 healthy volunteers. The scanner is aimed for…
Dronamics makes first flight of its cargo drone Dronamics made history when its full-scale Black Swan, the first of its kind cargo drone, successfully completed its first flight on May 25, (pictured). The unmanned aerial vehicles (UAVs) are able to transport cargo at a cost which the company claims is up to 80 percent faster,…
UK billionaire Sanjeev Gupta has again relied on his successful Australian steel businesses to bolster his GFG Alliance group’s finances, with steel manufacturer and distributor Infrabuild confirming a new secured loan. InfraBuild closed a $537 million (USD350 million) Senior Secured Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance.…
Tech billionaire Mike Cannon-Brookes has prevailed over mining tycoon Andrew Forrest in their battle to control the future direction of the ambitious Sun Cable renewable electricity in the Northern Territory. The two originally shared the same vision for the $30 billion project – the largest investment in revewable energy in the world. It was to…
AUKUS representatives from Australia, the United Kingdom and United States have observed the successful demonstration of Artificial Intelligence (AI) and Autonomy at the Upavon Airfield in the UK – the first major joint test under the AUKUS pact The technologies, part of the Advanced Capabilities pillar (Pillar II) of the AUKUS pact, were jointly developed…
In the final part in our two week editorial series – Celebrating Australian Made – we profile two venerable agricultural Australian manufacturing brands – Horwood Bagshaw and K-Line Ag. By Nicholas Way.. They might now be part of an international conglomerate, but agricultural machinery manufacturers, Horwood Bagshaw and K-line Ag, remain integral ingredients of the…
The Executive Chairman of steelmaker GFG Alliance Sanjeev Gupta has urged Australia to forgo the export of green hydrogen in favour of making green iron and steel onshore. The owner of the Whyalla steelworks and distributor Infrabuild told the Australian Hydrogen Conference in Brisbane that Australia had a generational opportunity to lead the global race…
he Australian Renewable Energy Agency (ARENA) has announced $20 million in funding to Stanwell Corporation to support a front-end engineering and design (FEED) study for a large-scale renewable hydrogen project in Gladstone, Queensland. The $117 million project will finalise the development stage of the Central Queensland Hydrogen (CQ-H2) Project, which will initially involve the installation…
Metal additive manufacturing company SPEE3D has broken into the field of sustainment of US Navy submarines, announcing that the USN had chosen its technology to develop materials as a part of a Naval Sea Systems Command (NAVSEA) project. The project is related to Expeditionary Maintenance and Sustainment that achieves Submarine Safety Program (SUBSAFE) quality standards.…
Founder and CEO of Savic Motorcycles Dennis Savic has said he couldn’t be happier with his company’s capital raise that closed late last night having raised $1,224,049. The Melbourne company was aiming to raise between $500,000 and $2 million, with shares priced at 23 cents a share. Savic raised the cash to fund commercialisation of…
