Adelaide startup signs agreement with Australian Space Agency

By Jessica Bassano Spun out of the University of South Australia in 2015, Myriota last year raised $15 million through a Series A funding round, with Boeing HorizonX Ventures among the contributors. The Statement of Strategic Intent follows a similar agreement penned between international aerospace company Boeing and the Australian Space Agency in April. Deputy head of…

Lithium Australia closer to value-adding metals

Lithium Australia (ASX: LIT) has announced progress on a number of fronts in its strategy of developing value-adding businesses in the fast-growing lithium metal space. The company detailed significant progress in its technologies to produce lithium chemicals, produce lithium cathode powder, make lithium-ion batteries and in battery recycling. The company is also evaluating several potential…

DroneShield shares jump on sales boost

Shares in Australian-Israeli anti-drone security company, DroneShield (ASX: DRO) leapt 22 per cent this week on more positive sales news. The company reported increased cash inflows for the June quarter, continuing positive cash flows from its drone detection and counter-measure product portfolio. Record cash inflows of $1.1 million were recorded, reducing net cash burn to…