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Melbourne manufacturing startup backed by Virescent Ventures to scale grid safety tech

Virescent Ventures has joined an AUD 50 million funding round for Melbourne-based IND Technology, supporting the expansion of the company’s Australian-developed manufacturing of Early Fault Detection (EFD) systems for energy utilities worldwide.

RMIT spin-off launches new manufacturing hub in Melbourne

RMIT University has reported that IND Technology, a company commercialising its early fault detection (EFD) system, has established a new manufacturing hub in Richmond to support global demand for the bushfire and blackout prevention technology.
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APS Industrial expands regional footprint with Control Technologies acquisition

APS Industrial (APS) is expanding its regional presence through the acquisition of Albury-based Control Technologies, a move the industrial products supplier said will strengthen its local service capability and support further investment in warehousing, stockholding and technical support.