Metastatic cancer treatment biotech Noxopharm (ASX NOX) has successfully listed its Nyrada Inc spin off on the Australian Stock Exchange. Noxopharm, which is focusing on commercialising its Veyonda treatment for late-stage cancers, listed Nyrada to develop non-oncology drug prospects developed by the group. Nyrada is listed as a foreign company on the ASX through the…
Energy storage company 1414 Degrees (ASX: 14D) has successfully integrated its GAS-TESS energy storage system with a SA Water wastewater treatment plant. The system is the first in the world to store energy from biogas created in the waste treatment industry in molten silicon, recovering the energy later to generate electricity. As reported in @AuManufacturing,…
The future of yet another Australasian aluminium smelter is coming under threat because of unsustainable energy prices, according to media reports. The owners of Australia’s largest aluminium smelter at Tomago in NSW have warned the NSW government that rising energy prices could have a significant impact their operations. Tomago Aluminium Company, a jont venture of…
Nerve technology developer Orthocell (ASX:OCC) has received a $2.9 million R&D tax incentive refund for the 2018/19 financial year. The Perth company, which is commercialising its CelGro product to facilitate the regeneration of severed peripheral nerves, will invest the funds to accelerate regulatory approvals and to advance R&D. The company also recently raised new capital…
Resources and chemicals group Australian Vanadium (ASX: AVL) has signed an agreement which could see its services and products sold into the China market. The company, which is developing large-scale vanadium deposits and manufactures vanadium battery electrolyte, signed agreements with Hebei Yanshan Vanadium and Titanium Industry Technology Research Co to allow the negotiation of a…
Off grid security and IoT solutions provider Spectur (ASX: SP3) has reported its best quarterly sales performance as uptake of the company’s products begins to accelerate. Spectur, which makes IoT connected solar powered security camera installations for unpowered areas, booked its first positive quarterly cash flow in the latest quarter with cash flow from customers…
Comment by Peter Roberts Australia’s $50 billion deal to buy submarines from the French Naval Grup looks to be on shakey ground with the release of a highly critical report from the Commonwealth Auditor-General. Far from being a great deal, the federal government began planning to walk away from the deal during the torturous negotiation…
Lithium ion battery materials group Lithium Australia (ASX: LIT) has moved a step close to achieving patent protection for its key proprietary processes for recovering lithium phosphates from silicate ores and solutions. The International Bureau of the World Intellectual Property Organisation has published two Lithium Australia patent applications, a key step in the process of…
Drone detection and counter-measure company DroneShield (ASX: DRO) has received a $300,000 payment from the Department of Defence for a small number of the company’s DroneGun Tactical products. This is the third order from Defence as part of an order placed in December for DroneGun, which uses electromagnetic signals to disable rogue drones intruding onto…
Young Australians will have the chance to get involved in practical projects that open up the world of science, technology, engineering and mathematics (STEM) with $2 million available from the federal government. Industry minister Karen Andrews has announced the opening of applications for Maker Projects: Community STEM Engagement Grants. Maker Projects grants support STEM-related organisations…
