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Climate tech growth fuels MGA Thermal’s latest strategic investment

MGA Thermal, a prominent innovator in clean energy storage, has secured a strategic investment from Electrifi Ventures, a climate tech angel syndicate, in partnership with Climate Salad.

Tech Council calls for stronger R&D investment to drive Australia’s economic future

The Tech Council of Australia (TCA) has expressed support for the Federal Government’s strategic review of Australia’s research and development (R&D) sector, aiming to enhance productivity and drive economic growth. 

Gov’t backs Australian innovation with $60M defence technology boost

The Australian Government is making a significant investment in local innovation, focusing on quantum and counter-disinformation technologies to give defence a technological edge while fostering a future built in Australia.

$400m Darwin renewable energy hub consultation launched

Public input is now being sought on the Darwin Renewable Energy Hub (REH), a major renewable energy project designed to deliver more affordable, secure, and clean power to the Darwin-Katherine electricity grid.

Government R&D up, but overall investment still lags: new report

A newly released report on Australia’s innovation system highlights both progress and challenges, underscoring the need for greater investment in research and development (R&D).

ClearVue secures $7.5M investment to advance US and global ops

ClearVue Technologies announced it has raised approximately $7.5 million through an institutional placement to advance its commercialisation efforts in the U.S. and support global operations.

Australian Strategic Materials receives major gov’t backing for rare earths project

The Australian Government is positioning Dubbo as a central hub in its strategy to enhance Australia’s critical minerals and rare earths industry in New South Wales. 

Quantum software leader Q-CTRL secures record USD 113M in funding

Q-CTRL, a leader in quantum infrastructure software, announced the expansion of its Series B Funding Round to USD 113 million (AUD 166 million), securing USD 59 million in new capital. 

Qld fuels local battery manufacturing with $25M investment

The Queensland Government is set to energise the local battery manufacturing industry with an investment in a pioneering manufacturer of long-duration energy storage systems. 

ATSE pushes for greater STEM investment to propel Qld’s new industries

The Australian Academy of Technological Sciences and Engineering (ATSE) has released a comprehensive vision for Queensland’s future, calling for significant investment in the state’s tech workforce to ensure the growth of new industries. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.