Australian quantum computer chip manufacturing a step closer

By Peter Roberts An announcement by technology group Silex Systems (ASX: SLX) that it will make silicon suitable for fabricating quantum computing chips shows the way forward for Australian involvement in this emerging manufacturing sector. Silex has entered into a R&D project with Silicon Quantum Computing (SQC), a spin off from the University of NSW,…

AVA Group sells fibre optic security systems

Security and risk management group AVA Risk Group (ASX:AVA) has won additional orders for Future Fibre Technologies’ (FFT) perimeter detection systems from government clients. The Melbourne company received orders worth $630,000 for FFT’s Aura Ai-2 platform which will be installed in sensitive US Government sites. A second order worth $350,000 was for FFT’s SecureFence platform…

EOS raising confirms investor appetite for manufacturing

By Peter Roberts Defence, space and communications group Electro Optic Systems (ASX: EOS) has raised $85 million from investors and shareholders, confirming investor appetite for progressive manufacturers. The company announced it had raised $17 million – $10 million more than initially sought – in a share purchase plan from existing shareholders. This came on top…

Wheezo from Respiri set to go on sale.

Respiri Limited (ASX:RSH) has achieved TGA approval to list its wheezo asthma monitoring device (pictured) on the Australian Therapeutics Goods Register (ARTG). The device is the world’s first digital wheeze monitoring solution of sensor, smartphone application and digital health platform to help people manage respiratory disease. TGA approval came after the Melbourne company undertook an…

A once in a generation funding opportunity: monetary policies open doors to global funding opportunities

Treasurer Josh Frydenburg’s message to business is “to back yourself and use your balance sheet to invest and grow.” Whilst we may not agree with all his policies, it is clear there is a significant need to invest in R&D, innovation and ways to enhance productivity, whether that’s through new technologies or processes to improve performance.