The Tasmanian government is leaning into its innovation tilt with the plans for a new Advanced Technology Industries Strategy that promises to leverage the state’s unique geographic location. According...
Advanced Manufacturing
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| by James Riley
The National Reconstruction Fund Corporation’s first ever investment is out the door, marking an important milestone for industrial policy in Australia, and a landmark event in the life of...
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| by Justin Hendry
Electro Optic Systems has sold off its naval satellite communication subsidiary to UK-based defence tech company Cohort for $144 million to focus efforts on counter-drone technology. The ASX-listed defence,...
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| by Brandon How
The Industry department missed its target for delivering grants and services to regional businesses last year, reflecting the shuttering of the flagship Entrepreneur’s Programme, according to its latest annual...
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| by Joseph Brookes
The head of Australia’s $15 billion manufacturing fund says a pipeline of innovation investments will follow its debut equity deal for a Queensland mining equipment maker, and that its...
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| by Justin Hendry
Flying vehicle startup AMSL Aero has completed the first untethered test flight of its Australian designed and manufactured electric aircraft in New South Wales’ central west. The battery-powered ‘free’...
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| by Justin Hendry
US-based PsiQuantum is yet to meet the terms of its $275 million debt agreement with the federal government, preventing it from drawing down on the partially-interest free loan months...
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| by Brandon How
Sydney-based laser diode manufacturer BluGlass has doubled the value of contracts signed through a United States military semiconductor innovation hub, to develop its technology for quantum computing and artificial...
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| by Brandon How
The Future Made in Australia agenda faced significant opposition from Treasury officials, but over time there has been increasing support for net zero industry development efforts, according to the...
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| by Brandon How
The federal government’s broad definition of an Australian business is hurting the country’s economic complexity, a group of local defence, technology and space companies collectively worth more than $5...
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| by Brandon How
A multi-billion dollar contract with Lockheed Martin for Australia’s first “sovereign-controlled” military satellite communication constellation has been cancelled by the federal government. Defence announced the decision on Monday, ending...
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| by Brandon How
The South Australian government’s $593 million plan to build a hydrogen power station, production facility and storage has received environmental approval from the federal government. The approval, announced by...
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| by Brandon How
Western Australia has become the first state to set a green hydrogen export target after the arrival of national targets earlier this year, but has avoided specifying a quantity....
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| by Joseph Brookes
The first investments from the Albanese government’s landmark $15 billion manufacturing fund will be revealed within weeks as part of series A or B raises of local startups. The National...