What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) ASC pledges to work with striking workers but cuts pay offer – report Submarine builder ASC has acknowledged industrial action underway at its headquarters at Osborne Naval Shipyard in Adelaide and pledged to work for a mutually beneficial…
Electrolyser manufacturer Hysata has completed a record-setting Series B funding round worth $US 111.3 million (approximately $172 million) and led by bp Ventures and Templewater. Hysata announced an oversubscribed $42.5 million Series A round in August 2022, with the Series B seeing investors such as Bluescope’s venture business, BluescopeX, Virescent Ventures, the IP Group and…
University of Wollongong spinout business Hysata officially opened its new 8,000 square metre global headquarters and factory in Port Kembla and was awarded over $23 million in government support on Monday as it progresses its high-efficiency electrolyser towards commercialisation. The company, which closed a $42.5 million Series A round in August last year, said it…
