Valiant Space successfully tests new rocket engine

Australian rocket company, Valiant Space, has successfully fired its ‘Momentum’ liquid fueled rocket engine, claimed to be the first commercially developed such engine in Australian history. The engine was ignited on 15 March at Beyond the Blue Aerospace’s launch and test facility, Funny Farm Space, north of Goondiwindi, Queensland. Black Sky Aerospace, known for their…

Carbon Revolution rushes to raise $25 million in virus response

When the going gets tough, the tough get going. Only a few months after listing carbon fibre composite automotive wheel manufacturer Carbon Revolution has completed a rushed $25 million capital raising. The company completed a non-underwritten institutional share placement ‘to position the company as strongly as possible to deal with the impacts on the business…