Rhythm receives R&D tax incentive refund Predictive cancer diagnostics technology company Rhythm Biosciences has received multiple tranches of its research and development tax incentive (RDTI), totalling $3.23 million. This total is made up of approximately $1.24 million in relation to FY23, being a second tranche of funds following the submission of an amended FY23 tax…
Aurora Labs lands third defence PO Metal additive manufacturer Aurora Labs has received its third direct order from the Australian Department of Defence for advanced 3D-printed metal components. The order valued at $50,000 strengthens the strategic relationship between A3D and Defence, according to an announcement. The CEO of Aurora Labs Rebekah Letheby said: “This third…
GreenHY2 receives first grant funding for Telstra project Hydrogen Energy storage manufacturer GreenHY2 has received the 1st Instalment of the grant funds allocated by the federal government to provide its Hy2MEDI generation and storage system to Telstra. The amount received is $432,000 plus GST, with the total grant for the project valued at $1.5 million.…
GreenHy2 to provide hydrogen power generation, storage to Telstra Hydrogen energy storage manufacturer GreenHy2 has signed a Federal Government Grant to provide its Hy2MEDI generation and storage system to Telstra. The System, valued at $1.5 million, will be funded by the Australian Government from the Telecommunications Disaster Resilience Innovation (TDRI) Program, Power Resilience Round. GreenHy2…
Whyalla steel works produces first structural steel The Managing Director of Liberty Steel Group Tony Swiericzuk at Whyalla in South Australia has celebrated the completion of repairs and start up activities at the primary steel producer. Swiericzuk took to social media and said: “After a 48 hour reheat furnace start up programme, the Whyalla Steelworks…
Orthocell’s strong sales growth Tissue regeneration technology developer Orthocell has announced sales growth across its product portfolio, with total revenue for FY24 of $6.72 million – up 30.40 percent from FY23. Record revenue of $1.84m was achieved for the June 24 Quarter, up 14.41 percent. With Striate+ currently sold in the US, Europe/UK, Australia and…
Titomic announces sale of TKF metal 3D printing systems 3d printer manufacturer Titomic has announced the sale of cold spray additive manufacturing systems and associated equipment to Spanish technology centre Fundacion Centre Technologico Miranda de Ebro (CTME). The sale includes D633 medium-pressure and D523 low-pressure cold spray systems, a powder feeder and integrated spray booth…
Austal’s 18th LCS warship for the US Navy completes acceptance trials The future USS Kingsville constructed by Austal USA, part of the Perth-based shipbuilder Austal, has successfully completed acceptance trials in the Gulf of Mexico for the U.S. Navy. During acceptance trials, comprehensive testing is conducted on the ship’s major systems and equipment in order…
Orthocell solidifies partnership with UWA Tissue regeneration technology developer Orthocell has executed an agreement with the University of Western Australia to exchange UWA’s entitlement to royalties for equity in Orthocell. The company will issue UWA 1.71 million shares in the company at a deemed price of 35 cents, placing the university among the top 20…
Australian Space Industry Capability Database to be launched The Space Industry Association of Australia has announced the Australian Space Industry Capability Database will launch to all users from mid-July 2023. The database will provide interactive data visualisations that demonstrate the scale and capability of the Australian space sector, including capability data, workforce data and detailed…