Shares in West Perth-based Drake Resources have doubled in value on news the company is planning to exit the resources industry by acquiring an Israeli tech company for $11 million.
WA's yawning gender pay gap can in part be contributed to young women forgoing maths in years 11 and 12, according to Programmed managing director Chris Sutherland, who today called for societal change to address the problem.
Local companies Avita Medical, Nuheara and ResApp Health have all featured in this fortnight's Techboard list, which ranks the online presence of Perth tech firms.
Local tech firm Shark Mitigation Systems has launched a prospectus for a $4 million IPO, while two other WA companies have revised their plans for backdoor listings.
SPECIAL REPORT: The ubiquitous influence of the internet in modern business has brought an uptick in investment in Perth's data storage capacity, and into new high-speed subsea cables.
Fast-growing digital media company Migme has raised $7 million through a share placement to a Chinese app developer, taking its total capital raisings since listing two years ago to $36 million.
Perth-based Transaction Solutions International looks set to increase its network in India after a company it holds a stake in reached an agreement today.
Perth-based wearable technology company Nuheara has enjoyed a bright start to trading on the ASX, with investors in its $3.5 million capital raising sitting on big gains today.
Industrial technology company Orbital Corporation has further strengthened its balance sheet after holders of convertible notes elected to take shares in the business, rather than a cash return.
Local IT firm ASG Group has received $112 million in contract extensions, with the majority attributed to work for the Victorian Department of Education and Training.
Two business units of technology retailer Dick Smith could live to see another day, as receivers today announced that the majority of the empire will be shut down after a number of proposals to acquire the company were all deemed unacceptable.
BrainChip Holdings shares surged upwards 25 per cent today upon news it had developed advanced technology capable of learning, unsupervised, at high speed.
Mineral sands miner Iluka Resources has made good on its commitment to invest further in UK technology company Metalysis, announcing today a $12.2 million injection into the business with plans for another $8.1 million soon.
Almost 80 contract variations worth more than $81 million tripled the cost of a Department of Health central computing services contract, with issues including more than 60 per cent of data racks going unused, the auditor general revealed today.
The Lions Eye Institute is developing a study aimed at ameliorating high rates of short sightedness among Asians, while at the same time attracting more overseas students to Western Australia's universities.
A visiting Sydney-based infrastructure adviser has suggested Western Australia undertake a pilot project to recapture some of the value created by publicly funded capital works developments.
Cirrus Networks has announced non-executive director and IT entrepreneur Matt Sullivan will transition to the role of managing director at the company's next general meeting.
Richard Johnson reckons he'd be a millionaire if he had a dollar for every time an adult walked into his laboratory at Rostrata Primary School and said: “Wow, I wish I had this when I was a kid.”
Tailored virtual reality (VR) simulations for training or academic courses. The trainee or student can experience situations that would be impractical to achieve otherwise in a classroom environment.
Global industrial products group Siemens has opened a $20 million service centre at Perth Airport, highlighting the growing competitive shift from the construction to the operational phase in Western Australia.
