Author: Justin Hendry

ACS booked a $7m loss last year – its first in a decade

Posted on   |  by Justin Hendry
The Australian Computer Society reported an almost $7 million loss last financial year, marking its first deficit in more than a decade and forcing the organisation to eat into...

IGP backs local battery tech in latest grants round

Posted on   |  by Justin Hendry
Battery storage manufacturer Allegro Energy is one of five local scaleups to share in the latest allocation of funds from the federal government’s flagship innovation pipeline program. Allegro Energy,...

Services Australia inks $226m data centre deal

Posted on   |  by Justin Hendry
Services Australia will pay the largest provider of data centre services to the federal government almost $4 million per month over the next five years under a new hosting...

Govt drops $272m on local radar tech for ADF

Posted on   |  by Justin Hendry
Australia will buy as many as 14 muti-mission phased array radars from CEA Technologies, the defence tech manufacturer acquired by the federal governments in 2023. Defence minister Richard Marles...

Harrison.ai banks $179m in mammoth Series C

Posted on   |  by Justin Hendry
AI MedTech pioneer Harrison.ai is eyeing global expansion into new markets like the United States after closing one of the largest ever Series C funding rounds for an Australian...

ASCA head Emily Hilder exits in operational shakeup

Posted on   |  by Justin Hendry
Australian Army Brigadier Hugh Meggitt will take over the running of the Advanced Strategic Capabilities Accelerator as part of a shakeup that will see the accelerator move closer to...

$14bn Future Made tax credit plan passes Senate

Posted on   |  by Justin Hendry
Billions of dollars in tax credits for green hydrogen production and critical minerals processing will flow from 2027 after the centrepiece of the Albanese government’s Future Made in Australia...

Audit office clears king-sized cost of PsiQuantum legal fees

Posted on   |  by Justin Hendry
The national auditor has cleared a multi-million dollar blowout on legal advice for the federal government’s investment in Californian quantum startup PsiQuantum, concluding that the key due diligence contract...