Tag: investment
Victoria backs local startup to drive advanced manufacturing, job growth
The Victorian Government is supporting local startup Kite Magnetics in establishing a new advanced manufacturing facility in Melbourne’s southeast, a move expected to create more than 650 jobs and boost the state’s position in clean energy innovation.
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.
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.
Featured Article
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.
