Defence, space and communications group Electro Optic Systems (ASX: EOS) has completed the raising of $68 million in a placement to institutional investors. The capital raising was undertaken to support EOS’s forecast earnings which have been revised upwards on a strong order book and the establishment of a new space communications division. EOS group CEO…
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Calix (ASX:CXL) has launched its BATMn reactor at Bacchus Marsh, Victoria, which will create materials for next-generation lithium ion battery projects.
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Humans have long viewed outer space as the final frontier. Our thirst for exploration has brought whole nations together to create more advanced technologies─all in the pursuit of discovering the outer reaches of the universe. Today’s infographic from Visual Capitalist and ProcureAM highlights the exciting journey humans have taken into outer space, and the economic…
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By Andrew Spence Industrial cooling systems that utilise solar energy, thermal storage, smart technology and non-toxic refrigerants will be trialled at three major commercial sites. South Australian company Glaciem Cooling Technology has received $2 million in Australian government funding through the Australian Renewable Energy Agency (ARENA) to demonstrate the technical and economic value of integrating thermal energy…
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The federal government has announced $1.5 million in funding to support a two-year trial, using metal 3D printing for maintenance of Australian Navy patrol vessels.
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Boeing has flown its Australian developed unmanned Loyal Wingman jet for the first time, releasing a video (below) of the aircraft in flight. Boeing Australia revealed the flights on social media where it said: “We successfully achieved our first autonomous teamed flights using high-performance jets as test beds and Australian-developed mission systems technology.” The post…
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Interested in insights which compare manufacturers from the US, Australia and New Zealand under the US-China Trade War?
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Metal additive manufacturing company Titomic (ASX: TTT)( has stolen a march on rivals and displayed the world’s largest additive manufactured Titanium part, a 5.5-metre rocket, at the FormNext3D Printing trade show in Frankfurt. The rocket was made in Melbourne using the TKF 9000, the world’s largest and fastest metal additive manufacturing system that utilises the…
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A first capital raising of approximately $50 million has closed oversubscribed for Sun Cable’s project that plans to export solar PV electricity from the Northern Territory to Singapore. Billionaires Twiggy Forrest and Mike Cannon-Brookes are among investors in on the ground floor of the Australia Singapore Power Link (ASPL) plan to supply the island state…
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More than 90 tech innovators and entrepreneurs, executives and thought leaders from around the world are in Adelaide to speak at the two-day SouthStart Conference this week.
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