Monday, January 27, 2025

Vaxxas secures $2M grant from BARDA to develop needle-free mRNA vaccines

Vaxxas, a clinical-stage biotechnology company specializing in high-density microarray patch (HD-MAP) vaccine delivery, has been awarded a $2 million (AUD 3.2 million) grant as a Concept Stage winner in the United States Biomedical Advanced Research and Development Authority’s (BARDA) $50 million Patch Forward Prize. 

Monash spinout ElectraLith closes $27.5M round to advance clean lithium production

Monash University spinout ElectraLith has closed an oversubscribed AUD 27.5 million Series A funding round to advance the development and deployment of its first field-based pilot plant.

$20.7M Future Industries Facility announced for Newcastle

The Australian Government has announced $20.7 million in funding for the University of Newcastle’s Future Industries Facility, aimed at supporting technology innovation and industrial development.

Brisbane medtech company secures $5M for surgical robot

Convergence Medical, a Brisbane-based medical technology company, has closed its Series A funding round, securing AUD 5 million from global investors. 

AWU calls $2B green aluminium investment key to Australia’s manufacturing future

The Australian Workers' Union (AWU) has expressed strong support for the federal government’s $2 billion investment in production credits designed to foster the growth of a green aluminium sector, which the union views as a critical step in ensuring Australia remains at the forefront of the global aluminium market.

Victoria’s renewable energy goals advance with massive battery connection

Lumea, part of the Transgrid Group, is moving forward with the development of a large-scale battery system intended to supply renewable, affordable, and reliable energy to electricity consumers in Victoria.

ElectraLith secures $2M from Breakthrough Vic to scale sustainable lithium extraction

Breakthrough Victoria has announced a $2 million investment in ElectraLith, a Victorian-based startup focused on advancing lithium extraction and refining technologies in the clean energy sector.

Aluminium Council welcomes $2B production credit for smelting sector

The Australian Aluminium Council has praised the Australian Government’s announcement of a production credit for the aluminium smelting sector, a key component of the Future Made in Australia plan, calling it a significant step towards ensuring a sustainable future for the nation's aluminium industry.

State gov’t backs WA food producers with major grant funding

The WA Government has announced $7.08 million in Value Add Investment Grants to support Western Australian food and beverage businesses in expanding operations, introducing new product lines, and creating jobs. 

Government’s $2B plan for cleaner aluminium supports industry’s future – Ai Group

A $2 billion commitment to cleaner aluminium production in Australia is being hailed as a significant vote of confidence in the future of the sector, according to Innes Willox, Chief Executive of the Australian Industry Group. 
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Data-rich or data-poor: Where should manufacturers focus their AI efforts?

Over the past year, manufacturers worldwide have made significant strides in adopting artificial intelligence technologies, moving beyond the initial hype to tangible implementations that deliver real business value.