Thursday, April 25, 2024

MGA Thermal secures $5.7M investment to expand industrial reach

Australian clean energy innovator MGA Thermal has raised an additional $5.7 million to further develop its thermal energy storage systems.

US mission amplifies AUKUS gains for WA defence

The WA Government recently finished a global mission to expand opportunities for the state's defence industry and demonstrate its role in strengthening the AUKUS alliance, particularly in maritime technology, cyber security, unmanned systems, and space.

Intemp delivers advanced test room system for VAILO’s LED sports lighting

Advanced technology firm VAILO has partnered with Intemp, an Australian design and manufacturing company specialising in automated test equipment (ATE), to ensure quality control for its locally manufactured LED sports lighting products.

AusBiotech applauds launch of Medical Science Co-Investment Plan to boost biotech sector

AusBiotech has welcomed the launch of the Medical Science Co-Investment Plan, which pinpoints four primary investment areas in the medical science domain: medical devices, complex therapeutics, digital health, and sustainability.

Rio Tinto boosts spending with Aussie suppliers to over $16.1B

ASX-listed Rio Tinto has increased its expenditure with suppliers and businesses in Australia to over AUD 16.1 billion in 2023.

NT allocates $2M annually to drive job opportunities in Beetaloo gas industry

The Northern Territory Government has unveiled a significant annual investment of $2 million in the 2024 Budget to catalyse job creation within the territory’s gas sector.

CSIRO welcomes Kirsten Rose as new deputy chief executive

CSIRO announced the appointment of Kirsten Rose to the newly established position of Deputy Chief Executive.

Seaport Therapeutics secures $100M to harness Monash invention

Seaport Therapeutics, a biopharmaceutical company in the clinical stage, centred on an innovative drug delivery system initially created by researchers from Monash University, announced the completion of a Series A funding round, which raised USD 100 million (AUD 154 million).

CSIRO’s Innovate to Grow program expands for advanced manufacturing SMEs

Australia’s national science agency CSIRO is currently extending an invitation to small to medium enterprises (SMEs) engaged in advanced manufacturing solutions to participate in a self-paced, 10-week, online program aimed at transforming ideas into research and development (R&D) opportunities.

EOS expands revenue with $24 million in new contracts

Electro Optic Systems Holdings Limited announced the acquisition of significant contracts aimed at diversifying its revenue streams.
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Beyond insights: How CRM solutions are transforming the manufacturing industry

The global manufacturing sector is witnessing a seismic shift in its automation approach as companies worldwide, big or small, grapple with the ongoing labour shortage and skills gap within the industry.