DXN in biggest data centre sale Modular data centre manufacturer DXN has signed a contract to supply four cable landing stations for the East Micronesia Cable System. The contracts, worth $5.7 million, is DXN’s largest contract to date. The contracts are for telecommunications operators in the Federated States of Micronesia, Nauru and Kiribati and are…
Redflow raises further $6.75 million, totalling $11.65 million from Entitlement Offer Energy storage company Redflow told the ASX last week that it has received firm commitments from institutional and sophisticated investors for an additional $6.75 million (before costs) via placement of entitlement shortfall shares, at a price of $0.21 per share. Combined with approximately $4.9 million…
AAMRI announces New Rising Star Award The Association of Australian Medical Research Institutes (AAMRI) has announces a new, CSL-sponsored AAMRI Rising Star Award. According to AAMRI, the award will recognise an outstanding mid-career researcher and be presented by federal health minister Mark Butler at the annual AAMRI Dinner at Parliament House in October. AAMRI is…
Reused food waste for farming gets support The federal and Western Australian governments have co-invested $11.25 million in three organic recycling infrastructure projects that will divert up to 275,000 tonnes of Western Australia’s food organic and garden organic (FOGO) waste from landfill each year and convert it into compost. The new facilities are located to…
Sale of DXN assets falls through The sale of the manufacturing operations of modular data centre producer DXN to Flow2Edge Australia flagged in October will not proceed in its current form. (See story here.) DXN told investors that the company was considering alternative strategies for its module manufacturing business, including potentially with Flow. “This opportunity…
DXN signs fourth undersea cable contract Prefabricated modular data centre manufacturer DXN has signed its fourth contract received for additional work on the Oman Australia Cable System. The company has signed a $1.2 million contract to supply additional fibre and civil works to the cable system owner SUB.CO. The Oman Australia Cable is a 9,800km…
3D printer manufacturer Amaero International reports progress Metal additive manufacturing producer Amaero International has reported progress across its business as it works to deliver future revenue growth. The company reported increased revenue to $134,338 for the December quarter driven by increased R&D work conducted for other companies. In the period Amaero signed a heads of…
2022 is going to be the year of Polly Waffle Chocolate manufacturer Robern Menz is to reintroduce the Polly Waffle chocolate bar to the market in 2022, following on from their success with the relaunching of the Violet Crumble honeycomb bar. Backed by a $1 million Modernising Manufacturing grant, the Adelaide company is spending $5.2…
State of the art bionic device prototyping centre opens in Melbourne Neo-Bionica, a Bionics Institute and the University of Melbourne joint venture lab, was officially opened this week by Victorian innovation minister Jaala Pulford. Located at St Vincent’s, the new facility aims to give researchers and engineers the tools to create medical-grade devices rather than…
Building resurgence supports Adbri Building products and industrial chemicals group Adbri has reported stronger revenues and profits on the back of buoyant demand from industry and a resurgent building sector. The company saw revenue in the first half rise 7.4 per cent to $752.3 million and net profit after tax up 94.5 per cent to…
