Manufacturing news briefs – stories you might have missed
Victoria helps businesses ventilate to beat Covid
The Victorian government is offering assistance to small businesses wanting to improve indoor air quality with another round of the Small Business Ventilation Program. Eligible businesses can access between $500 and $5,000 for air ventilation and filtration equipment, works or professional services that will improve ventilation. Improving ventilation helps reduce the spread of COVID-19 and provides customers with the confidence that businesses are doing everything they can to keep them safe. Applications now open and close on 8 September 2022. Apply here.
MGC Pharma drug improves Covid-19 outlook
MGC Pharmaceuticals’ ArtemiC Support drug has shown promise in reducing severe symptoms associated with Post-acute Covid syndrome – otherwise known as Long Covid. The company revealed results of a study conducted in Barcelona and Sardenya that demonstrated statistically significant efficacy of the drug in reducing the severity of symptoms including shortness of breath, cough, abnormal physical weakness, loss of sense of taste or smell, headache and mental confusion. One hundred and fifty patients were given ArtemiC Support over a six week period with results measured up to six weeks after treatment. Around half of patients who recover from Covid-19 have persistent symptoms of long Covid.
Cyber Security CRC and CSIRO projects named winners At NSW iAwards
Two research projects led by the Cyber Security Cooperative Research Centre and CSIRO’s Data61 were recognised as winners at the New South Wales iAwards 2022. CSIRO’s Smart Shield, a machine learning-powered anti-phishing tool, and CSCRC data privacy tool Personal Information Factor (PIF) were awarded winner and merit winner in the Technology Platform Solution category. Smart Shield will compete against other state winners at the national iAwards in October. CSCRC CEO Rachael Falk said the awards were recognition of years of hard work. “It’s fantastic news and well deserved. These are innovative projects that can have big impacts in the real world, when it comes to bolstering cyber security,” said Falk.
Spiral Blue and Satellogic announce successful integration
Last week Spiral Blue announced the successful integration of its Space Edge One computer (“SE-1”) with the Satellogic FM35 satellite. The FM35 satellite is expected to launch onboard a SpaceX Falcon 9 rocket later this year, with Spiral Blue intending to host a livestream for the launch. The joint mission is expected to complete Sydney-based Spiral Blue’s flight testing program for its Space Edge Computing technology. The SE-1 computer will interface with the satellite’s high resolution imaging system once initial commissioning is complete, and enable testing key onboard image processing applications, such as cloud detection, ship detection, cropping, and compression. “This mission is not only a key technology demonstrator for us, but also incredibly important to prove our business case,” said Spiral Blue CEO Taofiq Huq. “Over the last 3 years, we’ve seen tremendous customer demand for high resolution imagery and derived products from Space Edge Computers. If all goes well with this mission, we’ll be able to deliver.”
AML3D Raises $2.68 million through placement to sophisticated investors
Additive manufacturing company AML3D has announced a successful placement of shares to a collection of sophisticated investors, raising $2.68 million (before costs.) Placement shares will be issued at $0.0714 per share, being a 10 per cent discount to the volume-weighted-average-price (VWAP) of the Company’s shares on the ASX over the 14 days prior to its trading halt announcement. According to AML3D, the raise would be used to accelerate growth initiatives, following recent contract wins with major global customers Boeing and Exxon Mobil, build the existing business development team and sales and marketing pipeline,
continue technology enhancements, and meet working capital demands.
Picture credit: Spiral Blue
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