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Lithium extraction startup raises $23m to boost production

Novalith Technologies, the creator of a novel lithium extraction process that uses carbonated water in place of sulphuric acid, has raised $23 million in Series A funding to scale up and commercialise its lithium production. 

Australian airline Rex invests in electric-powered, emission-free aviation

Australian independent regional and domestic airline Regional Express (Rex) has announced an investment in Dovetail Electric Aviation, the company pioneering the conversion of turbine-powered aircraft to electric, emission-free propulsion. 

Over $4 million in federal funding goes to supporting Australia’s quantum tech education

The Australian government is deploying a total of $4.6 million in grants to support education and collaboration within the country’s quantum industry. 

WA taps Austin to boost advanced manufacturing with $5m grant

Austin Engineering Limited has been selected by the Western Australian government for a grant of up to $5 million to support its advanced manufacturing initiative at its Perth-based operations in Kewdale. 

Shell funding to accelerate MGA Thermal’s new commercial manufacturing hub

Global energy provider Shell has backed up Newcastle start-up MGA Thermal’s plan to gather valuable data to provide the urgent need for longer-duration energy storage (LIDES) solutions with a new US$400K (AUD$560K) funding.

WA gov’t rolls out grant program for electric vehicle chargers

The McGowan Government has committed $15 million to the “Charge Up Workplace Grant” as part of its plan to increase the amount of electric vehicle (EV) charging infrastructure in the state. 

WA start-ups invited to apply for Innovation Booster Grants

The Government of Western Australia has invited start-ups and small businesses to apply for an Innovation Booster Grant of up to $40,000 in a bid to aid innovators to overcome barriers on the path to commercialisation.

Queensland unveils Manufacturing Hubs Grant Program’s 3rd round

Minister for Regional Development and Manufacturing Glenn Butcher has announced the third round of the Manufacturing Hubs Grant Program, which will provide Queensland manufacturers with access to funds amounting to $10 million over the next two years. 

NT gov’t opens round 2 of recycling fund for infrastructure projects

An additional round of funding under the Recycling Modernisation Fund has been made available by the Northern Territory (NT) Government to address waste infrastructure gaps in regional and remote areas of Australia. 

Chevron invests $38m in Australian CCS research

Chevron Australia is set to jointly invest AUD $38 million to research initiatives on carbon capture and storage (CCS) in Western Australia and Victoria to advance knowledge of the critical emissions technology for a lower carbon future.
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Unlocking growth: Charting midsize manufacturers’ path with digital solutions

According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.