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…
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…
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…
