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CEFC spends record $1.9 billion on latest renewables investments

The Clean Energy Finance Corporation (CEFC) has confirmed $1.9 billion in new investment commitments in the 2022-23 fiscal year, including a record $1.2 billion in renewable energy and grid-related funding commitments by Australia’s ‘green bank’, delivered despite adverse market conditions.

WA recycling, processing operators to receive $1m funding boost

Operators in the recycling and processing industries in Western Australia are eligible to apply for a share of a $1 million fund to encourage investments in infrastructure projects, the government announced. 

Southern Gold subsidiary key partner in new $5m battery recycling hub in Adelaide

Southern Gold Limited announced that its battery technology firm IonDrive Technologies (IDT) has been named the primary partner organisation in a newly awarded Australian Research Council (ARC) battery recycling centre in Adelaide, South Australia.

ModnPods expands manufacturing facility after securing QIC funding

Gold Coast innovator ModnPods is ramping up production by officially opening a new modular pod factory in Arundel that will potentially produce up to 200 modular pods, including some purpose-built government employee housing.

Bosch opens semiconductor testing facility in Malaysia

Bosch has opened a new semiconductor test centre in Penang, Malaysia, investing EUR 65 million (AUD 109 million) to create additional capacity within the company’s global manufacturing network to meet the continued high demand for chips and sensors. 

MGA Thermal receives $8.25m to expand its energy storage system

Australian clean energy company MGA Thermal has secured $8.25 million in funding as the company moves to scale its long-duration energy storage (LDES) solution. 

Silicon Quantum Computing bags $50.4m Series A funding

Australian quantum computing hardware manufacturer Silicon Quantum Computing has completed its $50.4 million Series A capital round in a push to develop the world’s first scalable, error-corrected quantum computer.

4DMedical receives gov’t funding to further develop lung scanner tech

Australian respiratory imaging tech company 4DMedical Limited has secured $1.1 million in funding from the Clinical Translation and Commercialisation Medtech (CTCM) program, an initiative of the Medical Research Future Fund delivered by MTPConnect. 

Monash research that fuses human brain cells with AI secures national defence funding

A Monash University-led research into growing human brain cells onto silicon chips, with new continual learning capabilities to transform machine learning, has been awarded almost AUD 600,000 under the National Intelligence and Security Discovery Research Grants Program.

CDU gets share of funding to address key industry issues

Charles Darwin University (CDU) researchers have been awarded with two of the 32 projects sponsored by the Australian Government's National Industry PhD program, which will help them shape solutions for important Australian industries.
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Xometry CEO Sanjeev Singh Sahni on how AI and digital networks are reshaping manufacturing supply chains

Australian manufacturers have long competed against distance. In an exclusive interview with Australian Manufacturing, Xometry CEO Sanjeev Singh Sahni discusses how AI can help manufacturers access more production capacity and simplify traditionally email-driven supply chains.