ASX-listed energy storage company 1414 Degrees is expanding its expertise in silicon-related products, gaining an exclusive licence for George Washington University’s Silicon Nanoparticle (SiNTL) Technology for battery anodes. According to a statement from the company on Thursday – which also included news of firm commitments for a $1.2 million raise through a share placement –…
Compound semiconductor developer and maker BluGlass has announced the close of its share purchase plan (SPP), which raised $5.3 million before costs. The company said in a statement on Tuesday that the raise will accelerate production and delivery related to new and existing contracts, as well as support additional fab equipment and working capital. It…
Materials and renewable energy development and commercialisation company Sparc Technologies has announced firm commitments to raise $2.2 million through a share placement, with a further share purchase plan expected to raise another $500,000. In a statement on Thursday, Sparc said the placement at $0.15 per share was “strongly supported by existing and new investors”. The…
ERA celebrates recycling of electronics In time for National Recycling Week Electrical Recycling Australia (ERA) has celebrated its achievements in recycling e-waste in South Australia. Backed by Bedford Industries, the company has in the the year to date notched up these statistics: 4,759 e-waste deliveries received; Daily average intake: 10,285 kilograms; and total e-waste processed:…
Rhythm receives R&D tax incentive refund Predictive cancer diagnostics technology company Rhythm Biosciences has received multiple tranches of its research and development tax incentive (RDTI), totalling $3.23 million. This total is made up of approximately $1.24 million in relation to FY23, being a second tranche of funds following the submission of an amended FY23 tax…
Aurora Labs lands third defence PO Metal additive manufacturer Aurora Labs has received its third direct order from the Australian Department of Defence for advanced 3D-printed metal components. The order valued at $50,000 strengthens the strategic relationship between A3D and Defence, according to an announcement. The CEO of Aurora Labs Rebekah Letheby said: “This third…
GreenHY2 receives first grant funding for Telstra project Hydrogen Energy storage manufacturer GreenHY2 has received the 1st Instalment of the grant funds allocated by the federal government to provide its Hy2MEDI generation and storage system to Telstra. The amount received is $432,000 plus GST, with the total grant for the project valued at $1.5 million.…
Rio Tinto aluminium production steady Rio Tinto has announced aluminium production of 809,000 kiltonnes worldwide in the third quarter — including from its Australian smelters at Boyne Island and Bell Bay — down two per cent on the previous corresponding period. Production for the first three quarters of the year is up one per cent.…
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…
Fleet on hiring spree Small satellite business Fleet Space Technologies is hiring for 11 positions, the company’s co-founder and CEO announced on Monday. In a statement on Linkedin, Flavia Tata Nardini posted about the positions vacant, listing Key Account Executive – Salt Lakes (US)m Senior Sales Executive – Macquarie Arc (AUS), Sales Engineer (APAC), Data…