More change for the R&D tax incentive – but is it for the better?

Analysis by Peter Roberts Australia has since the 1980s had tax concessions and incentives designed to encourage long-term business R&D that creates future economic benefits for individual companies, and the nation. But the latest changes to what is now a tax offset against eligible R&D continue the endless changes to the basic structure of the…

Australian progress in commercialising quantum computing

Quantum computers where information is stored at the sub-atomic level are edging closer to reality scientifically, and in Australia, industrially. The University of New South Wales has announced a team led by Professor Michelle Simmons has demonstrated a compact sensor for accessing information stored in the electrons of individual atoms. Simmons is a world-leader in…

Space: Australia’s new frontier

Comment by Peter Roberts. An Australian space industry, the second in our history, is rapidly taking shape with government research, rocket and satellite manufacturers and potential end use markets ranging from Earth sensing to internet of things (IoT) communications falling into place. Only a month ago @AuManufacturing reported the successful launch into space on a…

Mildura manufacturer in railway sleeper breakthrough.

Mildura manufacturer, Integrated Recycling has won approval from Metro Trains Melbourne to trial its Duratrack composite recycled plastic sleeper on the Melbourne rail system. “This follows hot on the heals of Queensland Rail Type Approval for mainline trials,” the company said. At this stage, MTM will trial Duratrack at at last two sites in Melbourne…

Bionic eye breakthrough – next come industry opportunities?

Comment by Peter Roberts. Medical researchers and a private company developing a surgical implant to restore some sight to the blind have passed an important milestone, with the technology’s future commercialisation now in play. Bionic Vision, a consortium of Melbourne research groups, and privately funded Bionic Vision Technologies, have successfully restored ‘a sense of vision’…

Defence awards five companies grants of $12 million.

Defence industry minister, Steve Ciobo has announced five companies will share grants of $12 million to develop innovative technologies. The grants, by the Defence Innovation Hub, will further develop their innovative technologies to support the Australian Defence Force (ADF). Sentient Vision Systems, a small Australian computer vision company, has been awarded a $5.5 million contract…

Cochlear expands into ResMed’s field of sleep apnea.

Hearing implant maker Cochlear (ASX:COH) has expanded beyond its hearing speciality into the field of sleep, an area now dominated by fellow Australian manufacturer ResMed. Cochlear invested $21 million in a capital raising by Nyxoah S.A., a Belgian medical device company commercialising a nerve stimulation implant for the treatment of Obstructive Sleep Apnea. Jan Janssen,…

Drone company raises $3.5 million to commercialise technology.

Drone technology company Emescent has raised $3.5 million in venture capital to commercialise Hovermap, which utilises autonomous drones to map underground mines. The company, a spin-out from CSIRO, raised the capital from Main Sequence Ventures and Bechtel mining executive, Andy Greig. Hovermap consists of a LiDAR mapping payload equipped with autonomous technology that automates the…