NSW buys more trains from overseas
The New South Wales government has continued its policies of buying trains and trams from overseas rather than local sources, ordering a further 23 drivertess metro trains. Alstom will build the Metropolis trains (pictured) in India.
Buddy sells technology for LED lights
Technology development company Buddy Technologies (ASX: BUD) has sold its LIFX digital technology platform to Hong Kong LED lighting manufacturer Eastfield Lighting. Encompassing licences for hardware, software and cloud platforms, the sale is the company’s biggest to date.
Comet Ridge progresses CSG for the domestic market
Coal seam gas developer Comet Ridge (ASX: COI) has signed an agreement with Denison Gas to explore the provision of gas from its Magalo North project in Queensland to the domestic market. Comet Ridge is targeting domestic gas users for its developments.
Droneshield delivers first product to the armed forces
Drone countermeasure company Droneshield (ASX: DRO) has delivered its first portable systems to detect unmanned aerial vehicles to the defence department as part of a $700,000 order. The order for the RfPatrol device is the first for Australia’s armed forces.
ARENA announces $70 million funding for hydrogen projects
The Australian Renewable Energy Agency has announced a funding round of up to $70 million to back renewable hydrogen. Investigations would include funding for projects involving commercial-scale deployments of electrolysers. Following stakeholder consultation, formal applications are expected to open in March 2020.
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