Needle-free vaccination company Vaxxas has announced completion of a funding round worth $34 million, which it says will help it build production capacity and accelerate its clinical program for a Covid-19 vaccine candidate. Among existing investors in the round were OneVentures and University of Queensland technology transfer organisation Uniquest. “This financing from a strong syndicate…
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Matrix raises cash for expansion Perth’s Matrix Composites and Engineering has secured funding via a $7.5 million convertible note to fund major new contracts as it continues its emergence from a Covid pandemic low in business. The company, which manufactures buoyancy systems for underwater oil and gas infrastructure, has secured $30 million in orders since…
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The Australian Renewable Energy Agency (ARENA) is backing the creation of Australia’s largest electric vehicle logistics fleet by supporting the construction of a ‘depot of the future’. ARENA today announced $20.1 million in funding to Team Global Express (Global Express) for the depot project to integrate battery electric vehicles in its transport and logistics operations.…
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Airbus Defence and Space has selected the University of New South Wales (UNSW) to develop high efficiency solar cells to be used in space. A three and a half year research project will help push the performance of photovoltaic solar cells for space to the limit, both in terms of efficiency and radiation stability to…
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Construction has begun on the world’s largest radio telescope, the $3 billion Square Kilometre Array Observatory (SKAO,) which is being developed across large areas of outback Western Australia and South Africa. Minister for Industry and Science Ed Husic officiated at the ground-breaking ceremony on Wajarri Yamaji Country, 800 kilometres north of Perth yesterday. An international…
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ATSpace has confirmed they are ready to launch two of their Kestrel I rockets before the end of the year after a planned launch in November was postponed due to severe weather. Under permissions granted by the Australian Space Agency, launch services company Southern Launch and AT Space will aim to launch both the VS02…
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Cold spray additive manufacturing company Titomic has announced that it has raised $5.1 million through a share placement, including $2.2 million from its existing strategic investor and joint venture partner Repkon. Titomic Directors Herbert Koeck and Dag Stromme were also significant investors in the round, it said. Managing Director Koeck told investors on Monday that…
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Former Western Australian MP Clive Brown has been appointed Chair of the South West Advanced Manufacturing and Technology Hub (SW AMTECH) steering group. Brown would provide independent advice to the state government via regional development minister Alannah MacTiernan, according to a statement from MacTiernan’s office on Saturday. Bunbury-Geographe presented the opportunity to establish a manufacturing…
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Biological sample tracking technology company Bluechiip has been awarded a $787,810 grant under the federal government’s Supply Chain Resilience Initiative, which will cover half the cost of a new semiconductor dicing and packing operation. The company announced on Friday that it was one of 18 grant recipients under the program, which offers grants between $50,000…
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The federal and NSW Governments have signed a 12-month Skills Agreement to address the current skills shortage and deliver Fee Free TAFE and more vocational education places in the state. The $319 million agreement will deliver a significant boost to the NSW skills and training sector, supporting approximately 120,000 Fee Free TAFE and vocational education…
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