Sydney start-up Q-CTRL will demonstrate its performance-boosting quantum computer infrastructure software in a real-world problem at the Australian Army’s inaugural Quantum Technologies Challenge later this month. Q-CTRL derives from research extensively funded by universities and the federal government, and applies the principles of control engineering to power quantum technology. Quantum computing stores information at the…
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DroneShield discussing massive $60 million plus order Drone detection and countermeasure company DroneShield has revealed it is discussing an order potentially worth more than $60 million with a Middle Eastern Ministry of Defence. The company said it had received the remaining payment of $2.3 million for a previous order from the customer. CEO Oleg Vornik…
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Former Kathmandu Holdings boss Xavier Simonet began as CEO of Austrade on Wednesday.
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Nutritional dairy product manufacturer Wattle Health Australia has expanded its distribution capabilities with the purchase of pharmacy product developer and distributors Brand Solutions Australia and Pharma Solutions Australia (BSA). Wattle will pay $4.75 million in cash and shares for the business, which distributes Wattle’s Wattle Health, Uganic and Little Innoscents ranges, including through Chemist Warehouse…
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University of Wollongong sensor specialists are part of a project monitoring radiation on lunar missions, which has earned 400,000 Euro (about $250,000) in support from the European Space Agency.
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Cold cathode X-Ray nachine manufacturer Micro-X has notched up modest revenues of $750,000 in the March quarter as it presses ahead with commercialising its unique lightweight, low-power X-Ray emitter technology. The Adelaide company, which has developed the world’s first and only carbon nanotube X-ray emitter, continues to make sales of its first product, the Nano…
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The withdrawal of finance has once more thrown into doubt the future of South Australia’s fourth-biggest town and its 22,0000 residents, including the 1,800 directly employed in the steelworks and the thousands more who depend on it.
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The first Circle Awards are being launched this week, with entries opening on Thursday for those making an impact in the circular economy movement in Australia and New Zealand.
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Queensland biotech firm AnteoTech has gained European accreditation for its rapid COVID-19 testing platform and will now move to commercialising products as it waits to receive accreditation from Australian health authorities.
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By Peter Roberts They say that France does not give up its own companies, nor their global assets very easily, mobilising its forces to stop foreign takeovers. Just such a thing – perhaps called France Inc – seems to have happened to Australia’s waste management and recycling company Cleanaway’s agreement to buy the recycling and…
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