New funding secures International Graphite shares

Battery materials company International Graphite has reached an agreement with its major shareholder Comet Resources that resolves a looming issue with Comet’s shareholding in the company. International Graphite has agreed to loan Comet $1.5 million and Comet has granted International Graphite the right to appoint a majority of Directors to the Comet Board. The arrangements…

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Raytheon opens defence Centre for Collaboration

Raytheon Australia has opened a new Centre for Collaboration in southeast Queensland, enabling opportunities for greater collaboration between the defence industry and the Australian Defence Force (ADF), according to the company. The Minister for Defence Industry Pat Conroy (pictured) officially opened the centre, which marks 25 years of investment by Raytheon Australia in developing secure…

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Micro-X reveals details of its in-ambulance CT scanner – video

Carbon fibre nanotube X-ray manufacturer Micro-X has released new video (below) and images of its lightweight in-ambulance CT scanner designed for early detection of stroke. The imager, developed under an $8 million contract with the Australian Stroke Alliance, shows how the company’s miniaturised X-ray emitters could bring mobile stroke diagnosis to the patient to reduce…

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