Australian quantum computing business Q-CTRL has announced the successful expansion of its Series B Funding Round to $166 million (USD$113 million) with $87.5 million of new capital. The Series B-2 all-equity funding round was led by global global late-stage venture firm GP Bullhound and saw a dramatic increase in valuation from earlier financing. Q-CTRL CEO…
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Welding sector peak body Weld Australia has called for immediate action against the offshoring of Victorian government infrastructure projects in favour of ‘cheap, unsafe imported steel’. Weld Australia, which represents thousands of local welders and fabricators, said Victoria’s actions had already decimated the local steel manufacturing industry, costing jobs, investment, and threatening the sovereign capability…
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Bus manufacturers Marcopolo Group which owns Australian manufacturer Volgren and China’s Yutong have joined forces to introduce the Volgren Optimus/Yutong E12 Battery Electric Bus (pictured) to the Australian market. Built with Volgren’s Optimus aluminium bus body and powered by Yutong’s advanced electric chassis, the electric bus sets new standards in sustainability and performance, according to…
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The future of AI-augmented additive manufacturing holds enormous promise, believes Dr Ali Zolfagharian. He explains the concept and why there’s a new group dedicated to it. Artificial intelligence (AI) has already made a significant impact across various sectors in automated manufacturing, but its by default integration into advanced manufacturing is about to reach new heights. With…
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Automotive, aerospace and defence manufacturer PWR Holdings has announced that Sharyn Williams will become the company’s new Chief Financial Officer, replacing Martin McIver and beginning in the role early next year. In a statement on Tuesday, the company told investors that Williams has “15 years of ASX-listed experience as an Executive Leader and Chief Financial…
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MTM Critical Metals has extended the range of metals it can recover from hard to recycle e-waste utilising the company’s proprietary Flash Joule Heating (FJH) process. Building on the previously reported high recovery of gold, silver and copper, the Perth company has now successfully recovered 86 percent of the tin (Sn) and 82 percent of…
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Nasdaq listed Vast Renewables and energy company Mabanaft have announced the first engineering contracts for the development of its SM1 green methanol plant at Port Augusta in South Australia. International engineering group Fichtner and German e-fuels leader bse Methanol have been awarded contracts for pre-front-end engineering and design (FEED), with Dr. Amy Philbrook, Arup’s Australasia…
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Baking supplies manufacturer Allied Pinnacle has held a ceremonial cherry blossom planting and ribbon cutting with parent company Nisshin Seifun Group at its Ravenhall Distribution Centre in Victoria, ahead of the site’s official opening next month. According to a statement from the company, the event on Friday celebrates the new facility’s opening – which will…
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The federal government has approved the 450-megawatt Goulburn River Solar Farm, a project budgeted at $880 million and which will include a million solar panels, a battery storage system, and upgrades to the surrounding road. According to a statement from federal environment minister Tanya Plibersek on Monday, the Upper Hunter region project – located between…
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Fortescue Zero has announced its plans to begin operations at its U.S. Advanced Manufacturing Center in Detroit, by producing a HV Marine Battery Pack, made using its Scalable Battery Module technology. The standardised subpack has been designed, engineered and will be used by EVOA, a leader in the field of advanced marine propulsion, to power…
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