Two local tech companies have raised more than $5 million, with medical firm Proteomics International Laboratories securing $3.4 million via the exercise of options.
Local tech company Sky and Space Global has tapped investors for $10 million and has launched a $5 million share purchase plan, with funds to be spent on the design and construction of its first batch of nanosatellites.
40under40: Buying the rights to a failed product doesn’t sound like a great business plan, but for Ed Serrano it was the catalyst for starting his own manufacturing enterprise.
Cutting-edge gene research could be lost to China unless local investors stump up to keep it in Australia, according to Grant Morahan from the Harry Perkins Institute of Medical Research.
Rio Tinto has announced it will expand its autonomous haul truck fleet to a fifth site in the Pilbara, with the iron ore miner set to add 15 driverless trucks at the West Angelas mine in May.
Former WA deputy premier Mal Bryce, who won accolades for championing the information and communication technology (ICT) sector and small business through political and commercial careers spanning more than 40 years, has passed away at the age of 75.
Global IT services company DXC Technology has bolstered its presence in Western Australia, buying local firm M-Power Solutions and consolidating its 300-plus staff in new premises in the CBD.
Renewables, railways, and a pick-up in the resources sector are providing work for local environmental services businesses, which have become increasingly optimistic after taking a hit amid the slowdown in mining construction projects.
3D printing company Aurora Labs has announced it will raise up to $8 million, with the funds to be used to support development of its large format technology.
Perth-based tech company Universal Biosecurity is aiming to raise $5 million through an initial public offer to fund a two-year research and development program.
