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CSIRO’s latest spinout targets global growth in geospatial innovation

Geospatial technology startup Terria has officially spun out of CSIRO, Australia’s national science agency, following the closure of a seed investment round led by Australian deep tech investment fund, Main Sequence.

Climate tech growth fuels MGA Thermal’s latest strategic investment

MGA Thermal, a prominent innovator in clean energy storage, has secured a strategic investment from Electrifi Ventures, a climate tech angel syndicate, in partnership with Climate Salad.

Tech Council calls for stronger R&D investment to drive Australia’s economic future

The Tech Council of Australia (TCA) has expressed support for the Federal Government’s strategic review of Australia’s research and development (R&D) sector, aiming to enhance productivity and drive economic growth. 

Gov’t backs Australian innovation with $60M defence technology boost

The Australian Government is making a significant investment in local innovation, focusing on quantum and counter-disinformation technologies to give defence a technological edge while fostering a future built in Australia.

$400m Darwin renewable energy hub consultation launched

Public input is now being sought on the Darwin Renewable Energy Hub (REH), a major renewable energy project designed to deliver more affordable, secure, and clean power to the Darwin-Katherine electricity grid.

Government R&D up, but overall investment still lags: new report

A newly released report on Australia’s innovation system highlights both progress and challenges, underscoring the need for greater investment in research and development (R&D).

ClearVue secures $7.5M investment to advance US and global ops

ClearVue Technologies announced it has raised approximately $7.5 million through an institutional placement to advance its commercialisation efforts in the U.S. and support global operations.

Australian Strategic Materials receives major gov’t backing for rare earths project

The Australian Government is positioning Dubbo as a central hub in its strategy to enhance Australia’s critical minerals and rare earths industry in New South Wales. 

Quantum software leader Q-CTRL secures record USD 113M in funding

Q-CTRL, a leader in quantum infrastructure software, announced the expansion of its Series B Funding Round to USD 113 million (AUD 166 million), securing USD 59 million in new capital. 

Qld fuels local battery manufacturing with $25M investment

The Queensland Government is set to energise the local battery manufacturing industry with an investment in a pioneering manufacturer of long-duration energy storage systems. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.