Electrolyser manufacturer Hysata closes $42.5 million Series A round

Hydrogen technology company Hysata has announced completion of an oversubscribed $42.5 million Series A round, which it says will be used to expand its team and build a pilot production facility for its novel electrolysers. Participants in the round included The Clean Energy Finance Corporation (through Virescent Ventures), IP Group Australia, Hostplus, Denmark’s Vestas Ventures,…

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Quickstep hit by absenteeism, Sydney floods, to focus on growth opportunities

The natural disasters hitting Australia – Covid-19, absenteeism and sickness, and troubled international supply chains have hit aerospace composites manufacturer Quickstep, forcing it into a loss. The Bankstown, Sydney company said absenteeism and sickness were continuing and continues to average 12 percent, while the recent Sydney floods – worsened by the granddaddy of all disasters,…

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@AuManufacturing Conversations episode 6 — Jess Hodge from Resourceful Living

In episode six of @AuManufacturing Conversations with Brent Balinski, we speak to Jess Hodge, co-founder at the husband-and-wife led startup Resourceful Living. Solutions for post-consumer and post-industrial plastic have grown in importance over the last few years, and phased-in Australian waste export bans ramped up again on July 1, with Australians now unable send any…

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