QEM produce first Vanadium Pentoxide from industrial waste
TechInvest Magazine » Business Intelligence
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1M ago
QEM Limited (ASX: QEM) has partnered with The University of Queensland to produce the first high purity vanadium pentoxide (V2O5) from an industrial waste stream in Australia. V2O5 is the essential ..read more
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LGP welcomes German decision to legalise cannabis
TechInvest Magazine » Business Intelligence
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1M ago
Little Green Pharma (ASX: LGP) has welcomed historic move of the German Bundestag to vote to legalise cannabis by removing it from the Narcotics List from 1 April 2024. This represents the most ..read more
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Droneshield undertaking significant production and operations ramp up
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
DroneShield Ltd (ASX:DRO) has undertaken a significant production and operations ramp up following completion of its most recent capital raise in March. The company has $67 million (by sale value, rather than cost) across its counterdrone products under production, due for completion in stages across the 2023 calendar year. The 2022 calendar year cash receipts were $15.7 million. For 2023 year to date, the company has received $13.9 million, with over $2 million expected to be received via R&D Tax Incentive in 3Q23. There are two elements to significantly scaling up our revenues. One is ..read more
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International psychedelics experts join Clarion Clinics
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
Pharmaceutical company Incannex Healthcare Ltd (ASX: IHL) reports that three of the world’s top psychedelic therapy and science experts have joined the Advisory Board of Clarion Clinics Group. Incannex is developing proprietary drugs which use cannabis as an ingredient for unmet medical needs, psychedelic-assisted psychotherapy protocols, and is an operator of psychedelic-assisted psychotherapy clinics. Clarion Clinics Group Pty Ltd is a collaborative venture between IHL and three leading Australian psychedelics experts, Dr. Paul Liknaitzky, Professor Suresh Sundram and Sean O’Carroll, who ar ..read more
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Babylon on target for strong FY finish
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
Babylon Pump & Power Limited (ASX:BPP) is confident it is on track to deliver record EBITDA and revenue for the year ending 30 June 2023 and maintains a solid outlook for FY24. The strong growth and outlook have been driven by a combination of factors: 1. Improved utilisation of specialty water management rental assets has resulted from the previously outlined renewed focus, together with recruitment of key personnel and generally strong demand in the resources sector. 2. The recent acquisitions of Resource Water Group (RWG) and RBH Engineering Pty Ltd (RBH) have been seamlessly integrate ..read more
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Micro-X completes successful Argus field testing
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
Cold cathode x-ray technology developer Micro-X Ltd (ASX:MX1) has successfully completed the first field testing of its Argus IED X-ray camera. Micro-X has successfully conducted field testing with a pre-production version of the Argus X-ray Camera, which is a complete unit with all elements of this proprietary technology – specialised CNT X-ray tube, high power generator, power componentry and imaging software. This testing occurred in Adelaide, South Australia, over several days in late May. The real-world testing focused on capturing images of IED training aids in common scenarios experien ..read more
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Volt’s Zavalievsky Graphite wins Horizon grant
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
Graphite producer and natural graphite anode developer Volt Resources Limited (ASX: VRC) has won a grant from the European Union’s Horizon programme for a graphite anode development project called “GR4FITE3”. The consortium of industry experts will receive up to €5 million in grant funding over the next four years of which the ZG allocation will be up to approximately A$978,000. The GR4FITE3 project intends to provide graphite resilience for lithium-ion battery anodes through a sustainable European end-to-end supply chain. This supply chain comprises of ecologically responsible European miner ..read more
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BirdDog appoints key distributor in China
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
Global video technology company BirdDog Technology Limited (ASX: BDT) has celebrated its entrance into the burgeoning Chinese market with the appointment of Unique Beijing Solutions (UBS) as a key distribution partner. Highlights: BirdDog successfully launches into China Appoints Unique Beijing Solutions as key distribution partner Agreement brings expertise and distribution experience, access to reseller networks, industry reputation and vertical markets experience Distribution of the full BirdDog product portfolio: hardware and software Initial sales expected to be seeded during this June ..read more
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Machine learning has potential to transform oil and gas industry, says GlobalData
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
Machine learning is a rapidly growing field in the oil and gas industry. It can be used to analyze seismic data, well logs, and other geologic data to identify potential oil and gas reservoirs. Machine learning algorithms are also capable of analyzing production data and identifying patterns that can be used to improve well performance. Overall, machine learning has the potential to improve efficiency, increase production, and reduce costs in the oil and gas industry, says GlobalData, a leading data and analytics company. GlobalData’s thematic report, “Machine Learning in Oil and Gas,” provid ..read more
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Contact signs 10-year renewable energy agreement with Microsoft
TechInvest Magazine » Business Intelligence
by Staff Writers
1y ago
Contact Energy (ASX:CEN) and Microsoft have signed a 10-year renewable attribute purchase agreement that is supporting the development of new renewable energy capacity in Aotearoa New Zealand, in line with Microsoft’s sustainability commitments. The arrangement will see Contact provide Microsoft with all the renewable energy attributes generated by Contact’s new 51.4MW Te Huka Unit 3 geothermal power station. Ownership of renewable energy attributes is the global standard for electricity customers to show they are using a renewable source. This is important for encouraging renewable electrici ..read more
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