SQC raises another $50 million for quantum development

Sydney quantum computing hardware manufacturer Silicon Quantum Computing (SQC) has closed a scaled back $50.4 million Series A capital raising to fund the manufacture of the world’s first scalable, error corrected quantum computer. The investors in the latest round are the Commonwealth Government and institutions including the Commonwealth Bank of Australia (CBA), Telstra and the…

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AML3D awarded European process patent

Additive manufacturing company AML3D has announced that it has been granted a European patent for the company’s Wire Additive Manufacturing (WAM) process.  The European Patent Office patent is aligned with an Australian patent granted in June 2021, the company said in a statement on Tuesday morning, and “provides coverage over AML3D’s method and apparatus for…

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Building houses in factories for the Commonwealth Games was meant to help the housing crisis. What now?

By Louise Dorignon, RMIT University and Trivess Moore, RMIT University Huge sporting events come with substantial public investment in housing. After Melbourne hosted the 1956 Olympics, about 600 houses in the athlete village became public housing in West Heidelberg. After Melbourne hosted the 2006 Commonwealth Games, the athlete village in Parkville was largely sold off,…

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ASM builds rare earths supply chain, sells first critical metals

Australian Strategic Materials (ASM) has quietly inserted itself into global supply chains for the rare earths critical to high technology products ranging from electric motors to touch screens and computer hard drives. The company is developing the Dubbo, NSEW rare earths project, in the meantime supplying its company owned Korean Metals Plant (KMP) metal refinery…

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Treasurer opts for tinkering with mostly ignored Productivity Commission

By Peter Roberts The Treasurer Jim Chalmers has opted for gradualist reform of the much criticised Productivity Commission, appointing a former Labor Party staffer to be the commission’s new chair. Chalmers appointed Chris Barrett (pictured) as the new Chair and said ‘to build a stronger economy, we need to build stronger economic institutions – and…

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Making the most of Australia’s space frontiers – By Andrew Mannix

The local space sector was shocked when the federal government cancelled the National Space Mission for Earth Observation (NSMEO). However, industry understands the government’s pivot, and still has a critical role to play in lessening Australia’s dependency on foreign countries for our space services, writes Andrew Mannix. Space underpins our technologically advanced way of life.…

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K-TIG looks to cheaper UK nuclear technology acquisition

Rapid welding technology manufacturer K-TIG has cut the amount of cash it is seeking from investors to fund the purchase of UK advanced manufacturer Graham Engineering Limited (GEL). The acquisition marks the company’s entry into the United Kingdom nuclear decommissioning sector, with K-TIG vying for contracts to manufacture containers to house nuclear wastes. The company…

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