Tech company Elsight has received commitments to raise $2.9 million from a share placement to Hong Kong-based investors, with the proceeds being used to fast-track sales of its flagship communications platform.
OPINION: More than a decade after it entered the national debate, the national broadband network is about to be completed in the format – fibre to the node – that the reigning federal government committed to when Tony Abbott was prime minister.
Bio-therapeutic company Orthocell has received commitments to raise $13 million from a share placement and up to a further $5 million from a share purchase plan, primarily to accelerate the commercialisation of its CelGro flagship product.
Empired shares have risen more than 8 per cent today after the IT services provider forecasted an increase in net profit and earnings per share for the current financial year, on the back of a $200 million pipeline of multi-year contracts to contest.
Illuminance Solutions and the University of Notre Dame have announced a joint initiative to improve digital literacy among Indigenous Australians, to be piloted at the university’s Broome campus in early 2020.