Australian infrastructure, property development and investment management company Wagner has joined with Boeing to grow the sustainable aviation fuel (SAF) industry to help meet Australia’s airline demand for jet fuel. With demand set to grow 75 percent over the next 25 years Wagner, which owns the Wellcamp Business Park and Toowoomba Wellcamp Airport in Queensland,…
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Australia has welcomed what the Department of Defence described as ‘the significant and tangible steps’ made by the United States Government to further streamline export control licensing requirements for AUKUS trilateral partners. The announcement of a licence-free environment between Australia, the United Kingdom and the United States will revolutionise collaboration and enable unprecedented levels of…
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By Peter Roberts The federal government has accelerated the roll out of renewable power generation and storage with the country’s biggest ever tender. But despite Canberra’s plans for a Future Made in Australia, there was no mention of a role for local industry in the announcement made this morning. The Federal and NSW climate change…
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By Peter Roberts The once high flying electric vehicle charger manufacturer Tritium DCFC has succumbed to a litany of financial problems, with the appointment of voluntary administrators to its three Australian subsidiaries Tritium Pty Ltd, Tritium Holdings and Tritium Nominee. According to a brief statement to the US Securities and Excgange Commission – parent company…
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By Greg Jericho Australia’s economy is less an advanced economy than it is a petrostate style simple economy. That needs to change The announcement that the government would respond to the USA’s Inflation Reduction Act with the “Future Made in Australia” policy was a long time coming but welcome all the same. But while critics…
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By Peter Roberts Mining company Iluka Resources has awarded long lead procurement packages for key equipment for the company’s planned rare earths refinery at its Eneabba zircon mine in Western Australia – the first refinery for rare earths in Australia for the minerals used in high technology products. The company is procuring the roasting kiln,…
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Micro-X raises cash, accelerates product commercialisation Cold cathode X-ray machine manufacturer Micro-X has raised $4 million in a placement including from all four substantial shareholders and will embark on a share purchase plan to raise a further $1 million. The raising is being made at 9.5 cents a share, a 17 percent discount to the…
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Another step in the process of Australia acquiring, and eventually building, nuclear powered submarines has been taken with the first three Royal Australian Navy officers assigned to US Virginia class submarines based at Pearl Harbor in Hawaii. The officers, Lieutenant Commander James Heydon, Lieutenant Commander Adam Klyne and Lieutenant William Hall, were assigned after graduating…
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Sponsored After a successful Idea to Launch Masterclass hosted in Holland this year, Sopheon moves to Melbourne for a full two days of impactful training and workshopping over the 31st April and 1st May 2024 at the Melbourne Business School. Register now as numbers are limited. The Idea to Launch Masterclass articulates a Systematic Innovation…
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Drone detection and countermeasure manufacturer DroneShield has topped off a year of rapid growth with a fully underwritten $75 million capital raising. The company is raising $70 million via a share placement, and an additional $5 million through a share purchase plan. The cash will be used to build up inventory to support a sales…
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