News & Analysis

Australia is building a research submarine

- January 10, 2020 4 MIN READ

A three-year project to design, manufacture and test Australia’s first yellow submarine will begin next month. The fully reconfigurable Australian Research Experimental Submarine (ARES) will be used for hydrodynamic and crew efficiency testing of future submarine designs. A full business case is still being finalised ahead of the kick-off meeting in Adelaide, South Australia, in… Read more »

News & Analysis

Adelaide’s space sector is shooting for the stars with some heavy hitters

- December 30, 2019 3 MIN READ

South Australia’s space industry has grown from infancy to adolescence in the 12 months since it was announced that the Australian Space Agency would be headquartered in Adelaide. The December 2018 Federal Government announcement has been a dose of rocket fuel for the local industry, attracting global companies, major investment and inspiring Adelaide’s space startup… Read more »

News & Analysis

Chinese investors back $45 million fund for South Australian biotech

- December 11, 2019 2 MIN READ

Emerging South Australian biotechnologies will be accelerated through a Chinese-backed AU$45 million investment fund aimed at commercialising health research for the global market. The Adelaide China Biotech Investment Fund is backed by a group of private investors based in Nanjing, China. The group is led by Mr An LuFan, Executive Director of D&R Pharmaceuticals, one… Read more »

News & Analysis

Stone & Chalk’s Adelaide push fires up

- December 3, 2019 2 MIN READ

Stone & Chalk CEO Alex Scandurra and Adelaide GM Chris Kirk. Leading Australasian not-for-profit Stone & Chalk has officially launched its South Australian co-working space in Adelaide’s Lot Fourteen innovation neighbourhood. The tech startup hub is already home to 130 entrepreneurs from 30 startups and aims to become South Australia’s home of innovation. Stone & Chalk… Read more »

News & Analysis

Aerial mapping tech veteran Aerometrex’s IPO is a massive hit with investors

- December 2, 2019 2 MIN READ

Aerometrex is expected to have a market capitalisation of approximately AUD$95 million when listed on the Australian Securities Exchange in early December. But demand for its 25 million IPO shares valued at $1.00 each has seen the initial offer close many times oversubscribed. Aerometrex Managing Director Mark Deuter said the explosive market interest stems from… Read more »