Carnegie Clean Energy has reached the minimum of $5.5 million from its rights issue, but announced a shortfall of around $6 million, as the collapsed wave power company inches closer to recapitalisation and relisting on the ASX.
Singapore and Perth-based biotech company Osteopore has begun life on the ASX today with a sharp share price surge, following a $5.25 million initial public offering.
Interest in equity crowdfunding is growing locally, after Rhinohide reached its investment goal and fellow Perth-based business Tiller Rides announced more than 300 investors have expressed interest in supporting its capital raising.
PERTH consultant Wyn Hopkins has a special claim to fame; he prompted Microsoft to update its highly popular Excel package to fix an issue that had been annoying users for years.
Joondalup-based Sapien Cyber, which was recently backed by Woodside Petroleum, has announced four high-profile board appointments as the company looks to move into the US market.
One of Western Australia's most prominent fishing families will invest in tech company OpenDNA to provide marketing services and a Chinese mobile payment system to lure Chinese tourists.
Woodside Petroleum will invest in Subiaco-based Blue Ocean Monitoring to create autonomous mini-submarines in a bid to make gathering seismic data from the ocean floor cheaper and safer.
The use of remote sensing technologies is enabling Alcoa of Australia to better monitor the effectiveness of its rehabilitation efforts in the Jarrah Forest region south of Perth.
Shares in Strategic Elements surged up to 32 per cent today after the software company announced a 12-month deal with multinational conglomerate Honeywell to develop experimental autonomous robotic vehicles
The Minderoo Foundation’s Generation One initiative seeks to create parity for indigenous Australians, and to this end has launched a national leadership program called Dream Summit.
Carnegie Clean Energy, which is seeking to raise up to $11.5 million after going into voluntary administration earlier this year, has issued a supplementary prospectus that tones down some of the key claims it made to investors only six weeks ago.
Schneider Electric has secured an $11.5 million contract with the Child and Adolescent Health Service for a technology package at the Perth Children's Hospital.
A commercial biogas to hydrogen operation in Perth is a step closer for Hazer Group, after the company announced it had received approval from the Australian Renewable Energy Agency board for $9.4 million of funding.
Shares in digital health company ResApp Health have closed up 33 per cent today to 20 cents, after it received European regulatory approval for its first commercial product – the ResAppDx-EU.
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