AstraZeneca orders four more APAS Independence instruments

Drug manufacturer AstraZeneca has ordered four more APAS Independence laboratory instruments from AI microbiology automation manufacturer Clever Culture Systems, formally known as LBT Innovations. The order, worth $3.1 million over seven years, adds to the five APAS instruments already in use by the global pharmaceutical company, where they monitor for bacterial contamination in the company’s…

Optiscan to develop AI gastrointestinal endomicroscope

Optiscan Imaging and Monash University have agreed to work together on its its project to develop the next-gen gastrointestinal (GI) flexible endomicroscope and Edge-AI-enabled technology. The agreement represents a further extension of the longstanding relationship Optiscan has with Monash University, with the company’s technology originally created at the university. AI capabilities are critical to Optiscan’s…

Fleet Space and Rio collaborate on lithium exploration

Satellite and space services company Fleet Space Technologies will collaborate with Rio Tinto to advance exploration at its Rincon Lithium Project in Argentina. Leveraging Fleet Space’s AI and satellite enabled exploration solution, ExoSphere, Rio Tinto will develop 3D subsurface maps of the reservoir, basement depth, and brine influencing structures across 100km2 of the project’s salt…

MedTech companies join AI accelerator

Three innovative Australian SMEs will use the power of data and artificial intelligence (AI) to enhance their medical products and become internationally competitive as part of a new accelerator starting this month. Cortical Dynamics, Microbio, and Resonait Medical Technologies have been selected for the Biomedical AI Sprints Accelerator (BASA) run by leading innovation centres the…

Let’s bring AI2AM: AI-Augmented Additive Manufacturing

The future of AI-augmented additive manufacturing holds enormous promise, believes Dr Ali Zolfagharian. He explains the concept and why there’s a new group dedicated to it. Artificial intelligence (AI) has already made a significant impact across various sectors in automated manufacturing, but its by default integration into advanced manufacturing is about to reach new heights. With…

Codan enters US with communications acquisition

Defence communications and metal detection manufacturer Codan Group is expanding into the United States with the acquisition of 100% of US-based networking communications specialist SKT2 LLC dba Kägwerks (Kägwerks). The acquisition, made through subsidiary Codan US Inc., is valued at $33.6 million together with royalty payments for five years post-closing based on agreed annual sales…