Sydney’s Quantum Brilliance has raised a further $13 million in seed investment to pursue its hardware and software which delivers quantum computing capabilities to existing computer systems without resorting to the low temperatures and lasers required by other QC systems. The venture-backed, Australian-German company raised the funds from investors co-led by the QxBranch founders’ and…
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Eight applicants have been awarded federal Accelerating Commercialisation grants totalling $3.9 million dollars, including companies developing a robotic production method for precast concrete panels, a voice replacement device for those who have had a larynx removed, and a multi-biometric authentication service.
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Rural Councils Victoria has launched an online resource inviting food and beverage industry manufacturers to look outside of regional and metro areas for their expansion plans.
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Building resurgence supports Adbri Building products and industrial chemicals group Adbri has reported stronger revenues and profits on the back of buoyant demand from industry and a resurgent building sector. The company saw revenue in the first half rise 7.4 per cent to $752.3 million and net profit after tax up 94.5 per cent to…
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Tritium and Miller Technology are supplying battery electric vehicles and chargers to a BHP Mitsubishi Alliance mine in Queensland, in support of BHP Group’s net-zero emissions by 2050 goal.
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The Queensland government is to build the state’s first electric bus depot and has ordered 16 new e-buses to be built on the Gold Coast. As part of the state’s push to source only renewably powered buses from 2025, Keolis Downer will also create the state’s first 100 per cent electric bus depot in North…
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Australia needs to secure battery value chains out of China, according to new national security research which warns the superpower controls a “strategic choke point” in global supply chains which could be weaponised for political and economic gain.
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Rio Tinto and Sumitomo Corporation today have partnered to study the construction of a hydrogen pilot plant at the Yarwun alumina refinery in Gladstone and explore the potential use of hydrogen at the refinery. The two have signed a letter of intent that focuses on Yarwun as the location for a Gladstone hydrogen plant to…
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Ballarat based Bartlett Manufacturing is to supply its hand-sewn canvas tarps to the Australian Defence Force. The company, a manufacturer of woven synthetic fabrics including tarps and blinds, has been awarded ‘a significant contract’ – highlighting the company’s industry leading capabilities and quality workmanship according to a statement. The final contract was executed recently via…
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Calix’s strong profit during technology expansion Industrial technology company Calix has boosted revenues and margins as it pushes ahead with major expansions of its technology development and commercialisation programs. The company reported 39 per cent growth in product sales led by its US water treatment businesses which is undergoing expansion. Total revenue was up 22…
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