Reproductive technology company Memphasys has announced findings from a trial at a stud farm of its semen storage and transport device in November, which will lead to further work on medium and operational improvements of the AI-Port product. In an ASX statement on Thursday, the company said the trial at the Hunter region, NSW site…
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By Timothy Duignan, Griffith University The Australian government is going all in on quantum computing. After investing more than $100 million on “quantum technology” in 2021, it is now reportedly considering spending up to $200 million on purchasing a “quantum computer” from a US company. Is this a sensible decision? You might think so, if…
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Tasmanian whiskey distiller Lark Distilling has reported a rare hiccup in sales in the quarter ended 31 December 2023. The company reported net sales revenue for the quarter was $4.2 million, down $1.1 million compared to the previous corresponding period. The rare drop in sales was driven by lower limited release product releases in domestic…
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Microelectronics developer Archer Materials has begun the year in a strong position in its development of a room temperature quantum computing chip and a Biochip capable of detecting multiple diseases. The company told investors it ended Q2 FY24 with $21.5 million in cash and no debt, and reported progress on its two major projects. Executive…
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Iluka reveals capital cost of rare earths refinery Perth minerals company Iluka Resources has revealed a $1.5 to $1.8 billion capital cost of Australia’s first integrated rare earths refinery for producing rare earths oxides at Eneabba in Western Australia. The estimate comes from Iluka and Fluor who are optimising the project and conducting FEED work.…
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Rio Tinto will drive development of Australia’s largest solar power project near Gladstone, Queensland after agreeing to buy all electricity from the 1.1GW1 Upper Calliope Solar Farm to provide renewable power to Rio Tinto’s Gladstone operations. The agreement will bring more renewable power into one of Australia’s most important industrial hubs and marks another step…
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Heavy-duty transport trailer business MaxiTrans said this week that work is underway transforming its Ballarat factory into a “modern manufacturing environment” through a $50 million investment, as it prepares to shut its Carole Park, Queensland site. In a statement on Monday, the company said transitioning of tipper products from Carole Park is “well underway” ahead…
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Commercial space launch company Equatorial Launch Australia (ELA) has shared completed designs for its Horizontal Integration Facility (HIF) buildings, each offering assembly, integration and testing facilities at ELA’s Arnhem Space Centre (ASC). Each building at the Northern Territory site offers a 40-metre by 26-metre by 12-metre standard configuration and incorporating “advanced space mission specific features”…
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Australia and Japan have signed an agreement to enhance strategic capabilities in robotic and autonomous systems for undersea warfare. The research project between Defence Science and Technology Group (DSTG) and Japan’s Acquisition, Technology and Logistics Agency (ATLA) is the first under a bilateral research, development, test and evaluation (RDT&E) arrangement signed in June, 2023. The…
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What do you do when you are an Australian company that has carved out a niche for itself manufacturing campervans in Japan for the Japanese market? Well, you export those vans right back to the Australian market building on the strengths of your skilled Japanese workforce and suppliers and closeness to the source of the…
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