News

Satellite startup Fleet Space lands $50m Series C

Adelaide nanosatellite startup Fleet Space Technologies is now worth $350 million after raising $50 million in an oversubscribed series C, the company announced on Wednesday. Fleet said it will...

WA’s new IP policy targets public sector commercialisation

The Western Australian state government has launched a new intellectual property policy to facilitate the commercialisation of public sector innovation. Commercialisation of state-owned IP may take place when there...

Drones suspended at Home Affairs as Chinese tech fears grow

Chinese technology fears are growing across the federal government, with Border Force joining Defence in suspending the use of drones from a Shenzhen-based manufacturer on security grounds. Representatives from...

CSIRO-backed hydrogen storage firm raises $7.5m

Modular hydrogen power bank producer Endua has raised $7.5 million, including from the state-owned Queensland Investment Corporation and returning investor Main Sequence Ventures. The Brisbane-based startup’s hydrogen power banks...

Meta fined record $2bn by EU data regulators

Meta has been fined nearly $2 billion by European regulators and ordered to stop transferring the personal Facebook data of EU citizens back to the US in a landmark...

Dismay over handling of Defence innovation reboot

Local defence innovators have reacted with alarm to the initial structure proposed for the new $3.4 billion Advanced Strategic Capabilities Accelerator, aimed at getting technology outcomes for Defence moving...

Dominello joins Tech Council board as Roy steps down

Former NSW digital government minister Victor Dominello will take a seat on the Tech Council of Australia board, replacing inaugural board member and former federal assistant innovation minster Wyatt...

Australia’s US space tech treaty locked in

Australia and the US have agreed in principle to a new space technology sharing agreement two years after negotiations began and just weeks after the Albanese government slashed $77...

Qld ‘new industries’ strategy targets global decarbonisation

The Queensland government has unveiled the bare bones of a renewed industrial strategy that targets growth industries critical to global decarbonisation, heavily focused on the state’s traditional industry strengths....

An answer to our troubled health system

To truly reform our health system, we must transform the way our healthcare is delivered. And the answer, according to the Minister for Health, lies in embracing digital health technology....