A capital raise of $0.84 million (before costs) demonstrates growing confidence in the Felix sperm separation device, according to ASX-listed reproductive biotechnology company Memphasys. According to a statement from the company on Monday, it has successfully completed a share placement for that amount, with an additional non-renounceable rights issue to eligible shareholders potentially raising up…
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An RMIT University team has developed a new building material made of just cardboard, water and soil, which they say is reusable and recyclable and combines “the durability of rammed earth with the versatility of cardboard”. According to a statement from RMIT on Monday, the team was inspired by temporary and disaster shelters, such as…
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By Andrea Morello, UNSW Sydney Quantum entanglement — once dismissed by Albert Einstein as “spooky action at a distance” — has long captured the public imagination and puzzled even seasoned scientists. But for today’s quantum practitioners, the reality is rather more mundane: entanglement is a kind of connection between particles that is the quintessential feature…
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What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Green Gravity says former Wollongong Resources coal mine to host world’s first demo deployment of “breakthrough technology” Green Gravity and Wollongong Resources have announced execution of a binding agreement for gravitational energy storage trials at the Russell Vale mine. The pair…
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Industry lobby group Australian Food and Grocery Council (AFGC) has welcomed “the clarity provided” by the federal government’s emissions reduction target announcement on Thursday. The government released a target – to get between 62 per cent and 70 per cent below 2005 levels by 2035 – as well as a Net Zero Plan, blueprints for…
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By Tony Wood, Grattan Institute The federal government has announced a long-awaited climate change target for 2035, committing to a reduction in emissions of between 62 per cent and 70 per cent below 2005 levels. Environmentalists claim the target is a failure, while some business groups and the opposition are likely to slam it as…
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The federal government has announced a $5 billion Net Zero Fund aimed at supporting the decarbonisation of heavy industry, to be delivered by the National Reconstruction Fund (NRF) with capital drawn from the existing $15 billion program. The announcement on Thursday coincided with the government’s release of its 2035 climate target – a 62-70 per…
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Green Gravity and Wollongong Resources have announced execution of a binding agreement for gravitational energy storage trials at the Russell Vale mine. The pair previously signed a Memorandum of Understanding, announced December 2023, and have since worked closely to assess the Russell Vale site for suitability in accommodating gravitational energy storage. According to a statement…
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Counter-drone business DroneShield has announced that it has passed a milestone of 4,000 systems sold worldwide, with two new standalone contracts totalling approximately $7.9 million for delivery to the U.S. Department of Defense. According to a statement on Wednesday from DroneShield – which announced earlier this month that it is joining the ASX200 list –…
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Federal government lowers fees for offshore wind developers The federal government said on Tuesday that it’s “cutting financial burdens and red tape for offshore wind development”, and for the next two years will reduce application fees for transmission and infrastructure licences from $300,000 to $150,000. According to a statement from energy minister Chris Bowen, fees…
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