By Simon Wright, Charles Sturt University Connecting cheap, clean energy from renewables comes with a hidden cost and challenge: building 5,000 kilometres of new transmission lines this decade, and another 5,000km after that. This sounds like a lot, but 5,000km is only around 10% of the existing grid network, and unlocks more than 32 gigawatts…
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Applications have opened for grants worth between $50,000 and $300,000 through the Queensland government’s $2.67 million Mining Equipment, Technology and Services (METS) Collaborative Project Fund. Grants cover up to half of eligible project costs to assist teams “to innovate and collaborate to develop projects to address environmental and safety challenges facing the resources sector”. Funding…
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The Australian Competition and Consumer Commission has signaled that pressures on gas prices are easing for industrial customers with news of a potential surplus of gas. Australia’s east coast gas market is expected to have a six petajoule (PJ) surplus in the third quarter of 2024, even if the three LNG producers export all their…
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Alceon Private Equity has taken a 50 per cent stake in agriculture and transport industry equipment maker BOSS Engineering. According to a statement from BOSS, it is the first institutional capital and will allow it to increase both its rate of growth and geographical reach. The value of the stake was not disclosed, though according…
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Excitement is building as Gold Coast based Gilmour Space Technologies prepares its Eris rocket for its inaugural flight into space. The company has been teasing the public for weeks about the planned date for the historic launch – the first of a fully Australian developed and manufactured rocket capable of reaching Low Earth Orbit. Australia’s…
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EOS and RICO demonstrate long range autonomous control The Robotic and Autonomous Systems Implementation & Coordination Office (RICO) of the Australian Army and defence contractor Electro Optic Systems have extended the capabilities of the M113 Armoured Personnel Carrier (pictured) into long range autonomous weapons firing. The partners demonstrated the long-range firing capabilities of EOS’ R400…
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Australian defence contractor Electro Optic Systems (EOS) shared three changes to its leadership team in an ASX announcement on Thursday. Christian Tobergte was named as the new head of EOS Defence Systems International, with a focus including driving international sales of the company’s Remote Weapons Systems (pictured) products, including its new R150 and R800 RWS…
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Plastic recycling startup Samsara Eco has announced the next step in its partnership with athletic clothing brand lululemon, launching their first product containing “enzymatically recycled polyester” on Thursday. According to a statement from the pair, a limited edition Packable Anorak jacket by lululemon contains “a variety of inputs, including mixed plastic waste, lululemon apparel at…
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Hypersonic vehicle developer Hypersonix Launch Systems has announced former Australian Ambassador to the United States and Senator Arthur Sinodinos as the new Chair of its board. In a statement on Thursday, the company said Sinodinos’s appointment is effective March 18, as well as a “testament to [its] recent momentum and global ambition to become the…
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The federal government has released the latest Australian Defence Export Catalogue. This iteration of the catalogue features a record number of businesses showcasing export-ready products services and technologies, up 20 percent compared to the previous edition. The release of the 2024 catalogue comes on the back of the release of the Defence Industry Development Strategy,…
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