CCP Technologies IoT sensors adoption sparks trading halt

Internet of Things (IoT) sensor manufacturer CCP Technologies (ASX: CT1) went into a trading pause on Friday shortly after announcing progress in selling its sensors and services in a number of sectors. In a morning announcement, the company detailed sales to the food industry, biological sciences sectors, hospitals, and aged care and gambling institutions. However,…

Funding windfall for windfarm listening device

By Andrew Spence Adelaide-based company Ping Services has closed a $650,000 seed fund round after securing an additional $200,000 in government funding earlier this year. The patented device, known as the Ping Monitor, uses acoustic analysis, machine learning and the Internet of Things (IoT) to continuously detect wind turbine blade damage. The key piece of…

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…

Movus makes waves with IoT device

Twelve months on from securing $4.8M in Series A funding, MOVUS, the developer of Industrial IoT sensor, FitMachine, has increased the scale and reach of the company. MOVUS has increased staff from 12 to 25, expanded its R&D facilities and committed to manufacturing its FitMachine wireless IoT sensor in Queensland. Last year’s funding round by…