Diagnostics company Nutromics has raised $11 million in an ‘acceleration’ funding round for its medical wearable diagnostic platform. The round, which comes after the company raised $20 million in a round backed by the venture arm of blood glucose monitor manufacturer Dexcom, was led by two high net-worth family offices. Nutromics threatens to revolutionize diagnostics…
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Australia really is a land of opportunity for the development of a massive green steel industry powered by renewables and green hydrogen production according to a new study just published in the International Journal of Hydrogen Energy. According to Geoscience Australia: “This exciting release, a collaborative effort with our research colleagues Monash University shows how…
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Green hydrogen project developer ReNu Energy has cemented the support of the superannuation sector for its projects with the signing of a platform agreement for investment with the HESTA superannuation fund. The framework, which provides the platform for evaluation and co-investment in green hydrogen projects turns an earlier term sheet into a formal agreement, opening…
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Electric in-space propulsion manufacturer Neumann Space has signed a contract with European microsatellite manufacturer Space Inventor which could see its drive system demonstrated in orbit in 2024. Space Inventor will provide Adelaide-based Neumann Space with the opportunity to integrate its next generation Neumann Drive as an IOD payload on board a 6U EDISON Satellite scheduled…
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Australian-made cookware company Solidteknics has won Best Australian Manufactured Product at the second Naturally Good awards this week. The Sydney-based company took out the category with its AUS-ION range of frypans and baking trays, made out wrought Australian iron. These are described as “best for everyday oil and fat cooking and can be seasoned to build…
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By M. Reza Hosseini, Deakin University and Tuba Kocaturk, Deakin University Architecture, engineering and construction employ 1.2 million people in Australia and account for 9% of GDP. But our biggest services sector also produces roughly 40% of landfill waste and accounts for 18.1% of Australia’s carbon footprint. The sector must change its practices fast for…
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The nation’s science agency, CSIRO, has announced it will invest $25 million up to 2027 in a new Future Science Platform, titled Advanced Engineering Biology (AEB), which aims to “integrate engineering and biology to develop solutions for broad-ranging issues”. Engineering biology, also known as synthetic biology, involves applying engineering principles to biology, constructing new and…
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By Peter Roberts Infrastructure minister Catherine King has announced the appointments to the Board of the High Speed Rail Authority after a ‘merit-based process. According to a statement: “This process has resulted in a Board comprising the appropriate skills, qualifications, knowledge and experience to best bring high-speed rail to reality.” While the new board is…
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US sustainable packaging producer PakTech is to onshore manufacture of its secondary packaging made from 100 percent recycled high-density polyethylene (HDPE). The company announced today its official launch in Australia and news that it would service existing customers including Hawkers Brewery, Billson’s of Beechworth and The Apple Press as well as new customers with locally…
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Endua, an energy storage company that last month announced $11.8 million in pre-series private funding ($7.5 million for private sources), has unveiled the first of its modular hydrogen power banks. According to a statement on Tuesday, the new system will be used for testing as Endua develops its green hydrogen solution with a focus on…
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