AnteoTech asked for further information for Covid-19 test application Surface chemical company AnteoTech has been asked by Australia’s Therapeutic Goods Administration to supply further information on its EuGeni test reader and SARS CoV-2 Rapid Diagnostic Test (RDT). The company is one of three Australian manufacturers of RDT tests awaiting approval to sell their tests locally.…
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Diverse food producer SPC Global has completed a capitalisation program which resulted in the injection of $111 million earmarked for its next phase of growth. The capital is a combination of equity investments by The Australian Meat Industry Superannuation Trust (AMIST), the family office of Khalil (‘Charlie’) Shahin AO, and the sale and leaseback of…
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Eight universities have been shortlisted for support through the federal government’s Trailblazer program, which will create four public-private innovation hubs and aims to improve the nation’s research commercialisation performance.
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Sales of one piece carbon fibre road wheels by Geelong manufacturer Carbon Revolution are recovering strongly from their Covid-19 supply chain related slump. The company reported today wheel sales in the second quarter FY22 of 4,397, up 109.4 per cent on the first quarter. Quarterly revenue was $11.4 million, an 82.6 per cent jump from…
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Sleep apnoea equipment developer ResMed has reported continuing growth in sales as equipment sales grow and software as a service (SAAS) offerings gain traction. CEO Mick Farrell said second quarter 2022 revenues grew 12 per cent to $1.27 billion, or 13 per cent in constant currency terms. Farrell said: “Our second quarter results reflect continued…
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Hydrogen vehicle developer H2X Global and Indian company Advik Hi-Tech today announced a joint venture for the production of products and components for India and for the global market. The vehicles and components have been designed and developed by the H2X Global design team and production is scheduled to start immediately to cater for the…
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This month an Australian research team announced progress on a new method for carbon capture and storage. It described their process as injecting CO2 into a bath of gallium-based liquid metal heated to between 100 and 120 degrees Celsius, with the gas rising “just like bubbles in a champagne glass” and turning into solid carbon…
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By Joseph Brookes There are nearly 150 members on the federal government’s nuclear-powered submarines taskforce, including officials from a range of federal departments and 10 contractors who the defence department has declined to name, but no state government representatives. The taskforce was established in September last year on the day the Prime Minister Scott Morrison…
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All-composite caravan manufacturer Zone RV has announced a major expansion of its Sunshine Coast, Queensland plant, including the purchase of a 22m x 5m 3D printer, said to be the largest in the southern hemisphere. Founder Dave Biggar and CEO Adrian Toft hosted Sunshine Coast Council Mayor Mark Jamieson on an inspection of its expanding…
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3D printer manufacturer Amaero International reports progress Metal additive manufacturing producer Amaero International has reported progress across its business as it works to deliver future revenue growth. The company reported increased revenue to $134,338 for the December quarter driven by increased R&D work conducted for other companies. In the period Amaero signed a heads of…
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