The Victorian government has announced an unspecified amount of support for a feasibility study into a site to make up to 120 kilotons a year of magnesium using a process developed at the CSIRO. Economic development minister Tim Pallas visited CSIRO in Clayton to announce co-funding of the study for Magnium to produce the lightweight…
Electric vertical take-off and landing aircraft manufacturer AMSL Aero has announced closure of a $23 million Series B round as it progresses commercialisation of its Vertiia vehicle. The Australian Financial Review reported on Tuesday that the round involved the St Baker Energy Innovation Fund, IP Group Australia (which invested $3 million in AMSL’s Series A),…
There’s a big task ahead to reach the goal of 82% renewables by 2030. We’ll need rapid deployment – not only to meet grid demand, but also new demand from the move to “electrify everything” in our homes and on our roads. So what changes can you expect to see?
The Industry Fellowships program, which will support as many as 83 Industry Fellows a year and was a part of the previous federal government’s University Research Commercialisation Action Plan, has been launched. According to a statement from the Australian Research Council on Wednesday, the four-year program “will support researchers moving between industry and academic research…
By Milena Bojovic, Macquarie University The global dairy industry is changing. Among the disruptions is competition from food alternatives not produced using animals – including potential challenges posed by synthetic milk. Synthetic milk does not require cows or other animals. It can have the same biochemical make up as animal milk, but is grown using…
By Sian Troath, University of Canterbury Australia’s recently announced defence review, intended to be the most thorough in almost four decades, will give us a good idea of how Australia sees its role in an increasingly tense strategic environment. As New Zealand’s only formal military ally, Australia’s defence choices will have significant implications, both for…
Last week, Opposition Leader Peter Dutton sought to revive the hoary old debate of nuclear power in Australia, announcing an internal review into whether the Liberals should back the controversial technology.
Australia’s east coast gas crisis is set to sharply worsen. A new report from the Australian Competition and Consumer Commission (ACCC) notes supply conditions will deteriorate significantly in 2023 if no action is taken. The 56 petajoule shortfall is huge – equivalent to around 10% of domestic demand.
Husband-and-wife sustainable packaging company Great Wrap has held a $24 million Series A round ahead of the launch of its commercial bioplastics business. The Australian Financial Review reported over the weekend that the raise included $11 million from investors such as Thomas Food International’s Darren Thomas and Woolworths’ venture arm W23, as well as $13…
Gone are the days when the federal government would cheer on Australia’s fossil fuel exports to the exclusion of all else, while seemingly doing everything in its power to hold back the switch to renewables.
