Breakthrough Victoria says its $15 million investment in Liquid Instruments is contributing to the State’s advanced manufacturing capability, with the organisation stating that the funding supports local jobs and helps maintain production of the company’s technology in Victoria.
According to Breakthrough Victoria, the funding – announced in June 2024 – has underpinned Liquid Instruments’ decision to expand its manufacturing operations in the State.
The company, founded in 2014 by Professor Daniel Shaddock as an Australian National University spin-out, develops reconfigurable, software-defined test instruments used globally across sectors including aerospace, quantum computing and advanced engineering.
In a news release, Breakthrough Victoria said its investment is helping ensure production of Liquid Instruments’ flagship platforms remains in Victoria, including the Moku:Delta, which has been manufactured locally since August 2025.
The organisation said the device has already been shipped to customers in the United States, Europe and Asia in multimillion-dollar deals, demonstrating the capacity of Victorian manufacturers to supply sophisticated technology to international markets.
Professor Shaddock said the company’s strengthened local presence reflects the quality of the State’s industrial base.
“We have been deeply impressed with the calibre of manufacturing partners in Victoria,” he said. “Local manufacturing expertise is a strategic asset: without active support, it can fade. Continued investment in Victorian manufacturing ensures this capability thrives for decades to come.”
Breakthrough Victoria said the Moku:Delta is central to Liquid Instruments’ newly launched Generative Instrumentation capability, introduced in early 2025 and powered by AI and natural language inputs.
According to the organisation, the technology enables engineers to create custom test instruments with flexibility and speed, supported by the Moku:Delta’s more than two billion possible configurations.
The organisation also noted that Liquid Instruments’ decision to work exclusively with Victorian contract manufacturers embeds the company’s production team within the local supply chain and supports efficient scaling of its Moku:Go, Moku:Pro and Moku:Delta platforms.
Andrew Wilkie, Senior Director of Investment at Breakthrough Victoria, said the company’s progress reflects the impact of targeted investment in high-growth firms.
“Since our investment in 2024, Liquid Instruments has exceeded expectations – successfully launching the Victorian-manufactured Moku:Delta and pioneering an industry-leading AI Generative Instrumentation capability from its new Melbourne Connect office,” he said.
“These achievements demonstrate how Victoria’s manufacturing and technology strengths are driving global innovation and delivering value to customers worldwide.”
