AML3D raises $7 million to speed commercialisation

Metal additive manufacturing group AML3D has received firm commitments from investors to raise $7 million to speed expansion of the company’s 3D printing operations. The Adelaide company will use the funds from institutional and private investors to buy and commission additional production modules to increase contract manufacturing capacity, enabling AML3D to service new customers. AML3D…

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Tekt Industries to develop AR quality control device for PCBs

Product design and engineering group Tekt Industries has won backing to develop an augmented reality (AR) based quality control and inspection system, initially for use in printed circuit board manufacturing. The company has received a $250,000 grant from the Advanced Manufacturing Growth Centre (AMGC) to lead the development of an AI Camera based compact vision…

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Vaulta to use graphene in new battery casing

Brisbane start-up Vaulta will utilise graphene in a new lithium-ion battery casing it is developing following a successful capital raising. The company, which is commercialising a simpler method for manufacturing the casings, has raised $320,000 from ACAC Innovation, Artesian and Brisbane angel investors. One of its first actions was to hire four new staff, including…

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The 2020-21 budget falls short of the reset for manufacturing we need

Budget analysis by Peter Roberts The 2020-21 federal budget has been packaged and sold as many things, from one for jobs, to a reset for manufacturing. There are certainly a multitude of initiatives, but this is certainly not a budget that will ‘galvanise investment in Australian manufacturing’ to quote industry minister Karen Andrews. The problem…

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Epi-Minder device tracks epilepsy seizures

Medical device developer Epi-Minder has successfully completed an $18 million Series A funding round. The company is commercialising its implanted Minder electroencephalography (EEG) monitoring device for those suffering from epilepsy. Existing shareholders Cochlear, the Bionics Institute, Melbourne’s St Vincent’s Hospital and the University of Melbourne took part in the capital raising. Bionics Institute researchers and…

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