Micro-X raises cash, accelerates product commercialisation Cold cathode X-ray machine manufacturer Micro-X has raised $4 million in a placement including from all four substantial shareholders and will embark on a share purchase plan to raise a further $1 million. The raising is being made at 9.5 cents a share, a 17 percent discount to the…
Research progresses robots for construction waste recycling New research — using deep learning (DL) and artificial intelligence (AI) to recognise vast array of materials and particles in mixed waste — could revolutionise the way construction waste materials are processed and recycled, according Monash University. Led by Monash PhD candidate Diani Sirimewan, a study “paves the…
Carbon fibre nanotube X-ray manufacturer Micro-X has released new video (below) and images of its lightweight in-ambulance CT scanner designed for early detection of stroke. The imager, developed under an $8 million contract with the Australian Stroke Alliance, shows how the company’s miniaturised X-ray emitters could bring mobile stroke diagnosis to the patient to reduce…
By Peter Roberts Australia has a modest R&D tax incentive programme which rewards innovative young companies with a tax refund based on their R&D spending. But those same small companies face a refund cliff should they grow too big – the scheme returns tax on the basis of R&D performed only up to a company…
Cold cathode X-ray manufacturer Micro-X has demonstrated the micro-CT scanner for detecting strokes at the point of care, and passenger baggage scanner it is developing for the US Department of Homeland Security under a US$14 million contract. The Adelaide company said delivery of the first fully functional prototype of the CT baggage scanner from its…
By Peter Roberts Cold cathode x-ray machine manufacturer Micro-X saw a strong uptick in sales in the September quarter, validating the company’s reorganisation and greater focus on sales and marketing. The company reported sales of $2.9 million in the September quarter, compared to total sales for FY23 of $3.8 million. Australian government sales necessary to…
DroneShield’s $10m share of big Ukraine order DroneShield has revealed its counterdrone equipment has been selected to deploy to Ukraine under the latest, $20 million Australian Government aid package. The company received multiple orders from the government with a total value to DroneShield of $10.4 million. $5 million of cash receipts from the $10.4 million…
Equipment from four leading Australian manufacturers is headed for Ukraine in a new $20 million aid package announced by the federal government. De-mining equipment, portable x-ray machines, a 3D metal printer, and counter drone systems from DroneShield, Micro-X, Minelab and SPEE3D are in the latest package. A Royal Australian Air Force E-7A Wedgetail aircraft has…
Carbon fibre nanotube X-ray equipment manufacturer Micro-X has sold $1.5 million worth of its Rover Mobile units to the federal government. Micro-X will supply the machines, which add to a growing list of sales for the Rover, from existing inventory following final modification work. The Adelaide company did not say what use the government would…
Carbon fibre nanotube X-ray manufacturer Micro-X has scored a coup with the announcement it has been funded by the US Department of Homeland Security to manufacture full size, integrated, self-screening airport passenger checkpoints. The company’s minaturised CT scanner technology, which has been in development under two DHS contracts worth $8 million, makes possible the concept…
