Drone company raises $3.5 million to commercialise technology.

Drone technology company Emescent has raised $3.5 million in venture capital to commercialise Hovermap, which utilises autonomous drones to map underground mines. The company, a spin-out from CSIRO, raised the capital from Main Sequence Ventures and Bechtel mining executive, Andy Greig. Hovermap consists of a LiDAR mapping payload equipped with autonomous technology that automates the…

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Innovation fades from view – and why we should be worried.

Analysis by Peter Roberts. Remember Malcolm Turnbull’s innovation nation? It was flavour of the month but interest evaporated when the word failed to resonate with voters and the then Prime Minister turned to more pressing issues. The rise and fall of innovation under this government is just another chapter in the marginalisation of what arguably…

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Codan to supply Bangladesh with military radios.

Adelaide’s Codan Radio Communications is to supply the Bangladesh Army with 200 Codan Patrol 2110M Manpacks providing portable tactical communications capabilities. The company, a division of Codan Limited (ASX: CDA), said the deal gave the company “another multimillion dollar partnership in the Asia Pacific Region.” The company offered “a technically compliant product with superior quality…

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