Thursday, August 18, 2022

Global experts to shine light on new technologies and Sydney’s future

Global thinkers and local innovators will come together this month to discuss what the future might look like for cities, tech and innovation. As part of the City of Sydney’s annual visiting entrepreneur program, 11 future tech thinkers will take part in 17 events to discuss a future to be determined – from autonomous vehicles, decarbonisation and creative experiences, to future possibilities of the metaverse, cancer research and global health game changers.

Australian listed company Elsight frontrunner in drone delivery upswing

Look up in the sky! Is it a bird, a plane, pizza or pho? It could be all of the above and more as drone delivery of KFC, Roll’d and Coles takes flight in Australia, and Domino’s looks to restart its air-drop service in New Zealand. As Australia follows the evolving global trend, there’s likely to be a smorgasbord of other options on the drone delivery menu, with an Aussie-listed company already a forerunner in the more advanced US drone delivery sector.

Recover™ gets $100m minority equity investment from Goldman Sachs

Recover™, a materials science firm and producer of sustainable, premium recycled cotton fiber and cotton fiber blends, announced that it has closed a $100m minority equity capital investment by the Sustainable Investing business within Goldman Sachs Asset Management. Goldman Sachs is investing alongside majority shareholder STORY3 Capital Partners.

AWS and HKSTP cohort to advance tech and innovation in Hong Kong

Amazon Web Services (AWS) and Hong Kong Science and Technology Parks Corporation (HKSTP) announced a collaboration, aiming to foster a robust Innovation and Tech (I&T) ecosystem in Hong Kong. AWS and HKSTP will launch programs under four key pillars to drive innovation of IT firms, startups, and researchers throughout the growth cycle – Research & Development, Technology Simulation, Co-incubation, and Talent and Culture Cultivation.

New SmartSat CRC partnership to advance Australian space sovereignty

The Adelaide-based SmartSat Co-operative Research Centre has brought in Canberra-based EOS Space Systems to advance its Project CHORUS tactical satellite terminal. EOS Space Systems will have priority to lead strategic research projects alongside leading universities to assist in the development of breakthrough technologies in military satellite communications.

Australian technology transforming the viticulture industry through 5G

Precision farming is about to get a whole lot more precise with a wave of 5G tech showing economic and productivity benefits to the viticulture industry. Growers are interested in the advantages that 5G has to offer the industry by saving money, time and maximising yield.

TBM Council ushers in new directors to its board on 10th anniversary

The Technology Business Management (TBM) Council, a not-for-profit firm dedicated to advancing TBM through education and collaboration between IT leaders and business partners, is celebrating 10 years of ushering in an era of transparency and communication across lines of business with TBM. The TBM Council is announcing new members to its board of directors and continued advancement of TBM by modernising the discipline.

Velodyne Lidar wins GeoBuiz Summit Award for innovation in mapping tech

Velodyne Lidar, Inc. announced its Intelligent Infrastructure Solution won the GeoBuiz Summit Award. Velodyne’s smart city solution was recognized for excellence in innovation in the Mapping Tech category. Intelligent Infrastructure Solution, combining Velodyne’s lidar sensors and Bluecity’s AI software, creates a real-time 3D map of roads and intersections.

Cubic Tech launched to ease rail journeys for Queensland commuters

Cubic Corporation announced its Cubic Transportation Systems (CTS) business division’s new ticketing system in the Australian state of Queensland has reached a major milestone, with Translink passengers now beginning to use credit and debit cards and smart devices to pay for travel on the Ferny Grove line of the passenger rail system.

Netcracker wins awards for its 5G automation solution and virtualization

Netcracker Technology announced that it has received two awards during Terrapinn’s Telecoms World Middle East 2022 event in Dubai. The awards, for Virtualization & Cloud leadership and 5G Innovator of the Year, validate Netcracker’s many projects in the Middle East region, including with clients like Zain KSA, Vodafone Oman, du, Etisalat UAE and STC.