Submarine deal’s sinking feeling – defence doubts revealed

Comment by Peter Roberts Australia’s $50 billion deal to buy submarines from the French Naval Grup looks to be on shakey ground with the release of a highly critical report from the Commonwealth Auditor-General. Far from being a great deal, the federal government began planning to walk away from the deal during the torturous negotiation…

Lithium a step closer to process patent protection

Lithium ion battery materials group Lithium Australia (ASX: LIT) has moved a step close to achieving patent protection for its key proprietary processes for recovering lithium phosphates from silicate ores and solutions. The International Bureau of the World Intellectual Property Organisation has published two Lithium Australia patent applications, a key step in the process of…

Droneshield banks defence anti-drone cash

Drone detection and counter-measure company DroneShield (ASX: DRO) has received a $300,000 payment from the Department of Defence for a small number of the company’s DroneGun Tactical products. This is the third order from Defence as part of an order placed in December for DroneGun, which uses electromagnetic signals to disable rogue drones intruding onto…

Canberra backs STEM education

Young Australians will have the chance to get involved in practical projects that open up the world of science, technology, engineering and mathematics (STEM) with $2 million available from the federal government. Industry minister Karen Andrews has announced the opening of applications for Maker Projects: Community STEM Engagement Grants. Maker Projects grants support STEM-related organisations…

Gleciem to demonstrate renewable powered cooling

Glaciem Cooling Technologies is to demonstrate its refrigeration, thermal energy storage and heat transfer technologies which are designed to integrate with solar PV electricity generation. The Adelaide company has received $2 million in funding from the Australian Renewable Energy Agency (ARENA) as part of a $4.9 million trial at three locations. The company will install…

Wattle Health reorganises in infant formula

Nutritional dairy product manufacturer Wattle Health Australia (ASX: WHA) has announced changes to its businesses to speed market penetration for its locally made products. The organic certified company simultaneously announced a new venture, new arrangements with shareholder Chemist Warehouse, and new production arrangements. Wattle Health has signed a shareholders agreement with Nouriz (Shanghai) Fine Food…