Samsara Eco raises $100m to recycle plastics

Plastic recycling startup Samsara Eco has raised $100 million in its latest funding round. Led by global investment company, Temasek and Australian deep tech investment fund, Main Sequence, funds also came from Wollemi Capital, lululemon, Hitachi Ventures, Titanium Ventures (formerly Telstra Ventures) and DCVC. The capital will help Samsara Eco scale its enzymatic recycling capabilities,…

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Quickstep restructures its aerospace structures business

Aerospace composites manufacturer Quickstep is to restructure its businesses in response to a slower pace of orders for F-35 fighter jet components through FY25/FY26, cutting manufacturing shifts and staff numbers at its Bankstown headquarters facility in Sydney. The company, which is becoming increasingly involved in drone manufacture as well as maintenance and sustainment activities, will…

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Kongsberg to supply missile system consoles

Kongsberg Defence Australia will supply Naval Strike Missile (NSM) Coastal Defence System (CDS) command and control consoles to Kongsberg Defence and Aerospace. The export contract underscores the local company’s expanding role as it produces missiles for the Australian Defence Force and its commitment to advancing Australia’s sovereign defence industry capabilities, according to a statement. The…

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ARENA contributes $12.8 million to battery-electric truck delivery project

Freight and logistics provider ANC has been awarded $12.8 million in funding from the Australian Renewable Energy Agency’s (ARENA) Driving the Nation Fund, which will help fund a fleet battery-electric vehicle (BEV) trucks for last-mile deliveries. In a statement on Wednesday, ARENA said 112 trucks would soon be in use through ANC’s “Project Spark”, which…

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Coal-free in 14 years as renewables rush in: new blueprint shows how to green the grid – without nuclear

By Dylan McConnell, UNSW Sydney Coal will no longer be burned for power in Australia within 14 years. To replace it will require faster deployment of solar and wind, storage, new transmission lines and some firming gas capacity. That’s a very brief summary of a large and influential document – the Integrated System Plan issued by…

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Calix technology to be used for direct CO2 capture

Industrial technology developer Calix has announced that its licensee, US company Heirloom, will utilise the company’s decarbonisation technologies in the construction of two direct air carbon capture facilities. Heirloom has announced they will build co-located direct air capture (DAC) facilities in Shreveport, Louisiana capable of removing 320,000 tons of CO2 per year. Heirloom has licensed…

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