In July the Albanese Government introduced the ‘Electric Car Discount Bill’ to parliament, intending to remove fringe benefits tax (FBT) from electric vehicles to give more Australians access to battery-operated, hydrogen fuelled and plug-in hybrid cars. New research has revealed the Bill’s popularity among businesses – mostly small and medium enterprises – with 40% indicating they would purchase an electric vehicle by the end of 2023 if the Bill passes.
In a boost for the commercial drone industry in Australia, the Federal Govt launched a website to support individuals, businesses and industry adopt emerging aviation tech. The website aims to be Australia’s official and central source on drones and emerging aviation tech, saying “drones will create economic, social and environmental benefits for Australians.”
Equipmake has been selected by Australia’s space company, Gilmour Space Technologies, to support its space rocket programme with the supply of electric motors and inverters. Led by former F1 engineer Ian Foley, Equipmake has forged its reputation by developing EV tech for automotive OEMs and specialist supercar manufacturers, offering a complete solutions from advanced electric motors to power electronic systems to complete EV drivetrains for buses.
NTT Ltd, a leading global IT infrastructure and services company, recently announced a Private 5G (P5G) network expansion for the City of Las Vegas (CoLV) at Mobile World Congress 2022 (MWC) in Las Vegas, Nevada. The project involves deploying and provisioning NTT’s P5G to build the most extensive private network in the United States.
Avicena, the microLED-based chip-to-chip interconnects firm, announced that it has completed the acquisition of a microLED fabrication facility and associated engineering team from Nanosys. This deal significantly enhances Avicena’s capabilities in the development and manufacturing of high-speed GaN microLEDs optimized for parallel multi-Tbps interconnects.
Evolt 360, the Australian developer of a proprietary body composition scanning technology, has successfully completed a $12m capital raise to meet its strong order pipeline. The raise, led by Bell Potter Securities, was backed by leading investors Regal Funds Management, Washington H Soul Pattinson and family office Smarter Capital. The funds will be used to significantly increase manufacturing of the Evolt 360 to fulfil existing enterprise contracts.
Inmarsat, the world leader in global, mobile satellite communications has signed an agreement with Gilmour Space Technologies to support space launches from Australia using Inmarsat’s InRange system. Gilmour Space is Australia’s leading launch services company that is developing orbital-class launch vehicles and satellite platforms.
Black Box, a leading Global Solutions Integrator (GSI), announced today that it has formed a Strategic Alliance Partnership with Juniper Networks, a leader in secure, AI-driven networks, to provide the most advanced Wi-Fi and LAN networks available. The partnership allows Black Box to drive innovation in connectivity, giving superior data and networking options.
Fast growing company Heart Aerospace is investing heavily in the production of battery-driven planes in Gothenburg and expects to grow to 500 people within three years. Together with airport owner Castellum, it is investing in a new campus for electric aircraft industry at Säve airport. Gothenburg company Heart Aerospace currently has 130 employees from 23 different countries, who are developing the firm’s first model, a battery driven regional plane for up to 30 passengers, ES-30. This week, it was presented for the first time to global media.
Reveal Group announced it has been named Innovation Partner of the Year for the Americas at the UiPath 2022 Partner Awards. UiPath, an enterprise automation software firm, made the announcement during the UiPath Forward 5 event in Las Vegas, the largest gathering of automation practitioners. The firm was recognized for taking to market products and solutions built around the Business Automation Platform, namely its RoboSuite® for UiPath.