Microelectronics developer Archer Materials has begun the year in a strong position in its development of a room temperature quantum computing chip and a Biochip capable of detecting multiple diseases. The company told investors it ended Q2 FY24 with $21.5 million in cash and no debt, and reported progress on its two major projects. Executive…
Grant guidelines have been released for the next funding round of the Methane Emissions Reduction in Livestock (MERiL) program. Between $1 million and $3 million is available per project under “Stage 3: Validation and Demonstration Round 2” of MERiL, with applications open from February 7 until March 20. Grants can cover up to 80 per…
WA offers new Defence Ready Initiative grants The Western Australian government has opened applications for the latest round of Defence Ready Initiative grants to support local businesses in the defence sector. The purpose of the $200,000 investment is to assist small and medium enterprises enhance their capability, capacity and competitiveness to enter or expand their…
AI robotics and navigation technology manufacturer Advanced Navigation has been awarded a grant by the Australian Department of Defence to develop manufacturing capability for photonic chips. Australia does not have commercial manufacturing capability for photonic chips which contain circuits using light transmission and receival – a laser is a photonics device. Advanced Navigation is the…
Leicht’s CIA, a Toowoomba-based manufacturer of livestock equipment, is investing in robotic welding and other technology with assistance from a Rural Economic Development Grant from the state government. Managing Director Mark Leicht said the company was implementing laser cutting and an automated welding robot to increase efficiency. “Some of the equipment we will make with…
The federal government has announced that funding of $18.5 million is available to set up an Australian Centre for Quantum Growth, part of efforts to see the nation does not “fritter away” a strong position in the early days of quantum technology commercialisation. Federal industry minister Ed Husic officially opened applications for the grant during…
Technology development company Sparc Hydrogen has chosen a site for a proposed pilot plant to prove its photocatalytic process to produce green hydrogen from water. Following the completion of tests at the CSIRO Energy Centre in Newcastle, NSW (pictured), Sparc Hydrogen has chosen a site close to Adelaide with consultants set to complete a pre-FEED…
Applications are now open for a new Queensland government fund that aims to back businesses to deliver more bush projects. The $50 million Backing Business in the Bush Fund will support small to medium sized enterprises (SMEs) that are looking to expand, enhance or diversify their business operations across regional Queensland. By investing in productivity…
The advent of the National Reconstruction Fund offers the Federal Government an opportunity to learn from past industry programme mistakes, and make the whole process of industry support more efficient, writes Damon Cantwell. The $15 billion National Reconstruction Fund programme is not offering grants, but a mixture of concessional loans, guarantees and some equity positions.…
Funding totalling $26 million has been announced through ARC Linkage Projects 2023 Round 1 across 50 projects, including for next-generation microchip manufacture, anodes for next-generation lithium batteries, and addressing superalloy microstructure defects. The Linkage Projects scheme backs projects that “initiate or develop long term strategic research alliance” and provides funding of between $50,000 and $300,000…