ASX-listed Artrya, which is commercialising coronary disease diagnosis support products, has announced a successful $15 million raise through a share placement. In a statement on Friday, the company said it had received binding commitments under a two-tranche placement at $0.73 per share. The proceeds will be used to progress regulatory applications for its Salix Coronary…
Metals recovery business MTM Critical Metals has announced a claimed breakthrough in recovering critical minerals from semiconductor waste, solving a problem “previously considered commercially unviable”. In a statement on Thursday, the ASX-listed company said it achieved a world first in recovering high levels of germanium and gallium “without using acids or environmentally harmful methods” using…
First Graphene books R&D tax rebate First Graphene has told shareholders that it has received a tax rebate of approximately $404,300 for R&D work conducted at its Henderson facility in Western Australia. The company said the amount was delivered “following a series of work completed… to improve manufacturing of its in-demand PureGRAPH products.” The work included…
Recce Pharmaceuticals has announced promising outcomes from the Phase II trial of their innovative RECCE 327 Topical Gel (R327G), signaling a potential breakthrough in the fight against antibiotic-resistant infections. This new gel is being developed to treat Acute Bacterial Skin and Skin Structure Infections (ABSSSI), offering hope where traditional treatments falter. The trial recently completed…
Road signage company Traffic Technologies has been awarded a five-year contract with Sydney City Council, worth $3 million, to supply LED streetlights. In a statement to the ASX on Tuesday, the company said the lights are “Smart City IoT”-ready, and would be used in the local government area for settings such as roads, parks, plazas,…
Iondrive has announced a $6.1 million raise, before costs, which it says will be used for building and running a pilot plant using its novel battery recycling method, progressing industry collaborations in the key European Union and United States markets, and for general working capital. In a statement to the ASX on Tuesday, Iondrive said…
Adelaide-based wire arc additive manufacturing business AML3D will continue its globalisation efforts, particularly in the US, with the raise of $30 million through a share placement. In a statement on Friday, the company said it has received firm commitments for the raise, at $0.19 per share. The proceeds will support initiatives including “more than doubl[ing]…
Compound semiconductor developer and manufacturer BluGlass has announced that it has entered into a $US1.925 million ($2.9 million) contract with North Carolina State University (NCSU) for laser development activity The contract, announced on Thursday (Australian time) is part of the Commercial Leap Ahead for Wide Bandgap Semiconductors (CLAWS) Hub, which BluGlass is an industry partner…
Adelaide-based thermal energy storage company 1414 Degrees has appointed John O’Donnell (pictured) as its General Manager, beginning in the role on Tuesday. In a statement from the company on Monday, it said that O’Donnell will lead implementation “pioneering clean heat technologies across industries globally” and comes with experience “span[ning] the project lifecycle from solution-design to…
Sleep apnoea treatment business ResMed has launched its new AirTouch N30i product – manufactured at Bella Vista, New South Wales – in Australia, describing the new nasal mask as combining softness, breathability, and a high-performance seal. The company’s first fully-fabric mask is “a fabric-wrapped frame featuring a soft, breathable, and moisture-wicking design”, ResMed said on…