Clinical trials of its Felix sperm separation device for IVF clinics are now 90 per cent complete, according to reproductive technology specialist Memphasys, with the company also sharing that it now anticipates “entering larger markets earlier than previously expected” following a decision to pursue CE mark registration. In a statement on Thursday, the company told…
Metals recovery business MTM Critical Metals has announced an oversubscribed capital raise worth $8 million as it seeks to commercialise its proprietary Flash Joule Heating (FJH) technology. In a statement on Wednesday, the company said it is now in “an even stronger position” to speed up development of a demonstration plant with a tonne-per-day capacity,…
Cold spray additive manufacturing company Titomic says it has successfully upped its equity raise from $25 million to $30 million “due to strong investor demand” as its focus continues to shift to the US market. As reported earlier this week, Titomic shares went into a trading halt on Monday as the company sought to raise…
Mining equipment manufacturer Austin Engineering has made the first shipment of an Armadillo electric rope shovel dipper bucket, following its acquisition of bucket specialist Mainetec in 2022. In a statement on Tuesday, Austin said the bucket was on its way to an unnamed customer for use on a US copper mine. The order was claimed…
Titomic seeking to raise $20 million: report Metal additive manufacturing business Titomic announced a trading halt on Monday morning, with this reportedly due to a $20 million capital raise. According to The Australian Financial Review, Titomic has enlisted lead broker Shaw and Partners — with Peloton Capital and Gleneagle Securities as co-lead managers — for…
Automotive, aerospace and defence manufacturer PWR Holdings has announced that Sharyn Williams will become the company’s new Chief Financial Officer, replacing Martin McIver and beginning in the role early next year. In a statement on Tuesday, the company told investors that Williams has “15 years of ASX-listed experience as an Executive Leader and Chief Financial…
Building-integrated photovoltaics company ClearVue Technologies has received the first order for its solar building envelope solution, which will be installed at the Enex100 building on St George’s Terrace in Perth’s CBD. In a statement on Tuesday, the company told investors that the upcoming cladding installation – expected to be installed in mid-2025 – was validation…
First Graphene has announced a two-year agreement with Halocell to supply graphene used in solar cells, ahead of the release of Halocell’s first commercially-available perovskite solar module this month In a statement to the ASX on Thursday, First Graphene said its customer had been able to “expedite its manufacturing process and enhance [the] light absorbing…
By Peter Roberts Zinc bromine flow battery manufacturer Redflow has gone into voluntary administration after failing to secure new funds from investors. The company, which manufactures its Australian developed batteries in Thailand, has appointed Richard Hughes and David Orr from Deloitte as administrators. Redflow was one of the first to launch a commercial zinc flow…
Bioxyne has announced that it has made and supplied the nation’s first pharmaceutical-grade cannabis gummies, in what it calls “a significant milestone for Australian pharmaceutical manufacturing”. The gummies (or pastilles) were made under Good Manufacturing Practice (GMP) certification from the Therapeutic Goods Administration by Bioxyne’s wholly-owned subsidiary, Breathe Life Sciences. BLS received deposits on purchase…