Latest Innovation News

Vintage Energy has locked in $5 million in South Australian government grants to co-fund drilling two new gas wells, aiming to boost output from the Southern Flank projects in the Cooper Basin.

dorsaVi has raised $500,000 through the exercise of 25 million unlisted options by key shareholders, reinforcing confidence in its advanced AI and neuromorphic semiconductor projects. The capital will accelerate development of its 22nm node technology targeting medical and industrial robotics markets.

Beamtree Holdings has appointed Gareth Pye as its new CEO, aiming to pivot towards stronger operational execution and commercial focus amid ongoing international expansion.

ABx Group and Good Importing International are progressing their bauxite projects in Queensland and New South Wales, with environmental approvals on track and significant investments underway.

Environmental Clean Technologies (ASX: ECT) has completed a pilot Rapid Electrothermal Mineralisation system that delivers 18 times the power of its lab prototype, enabling additive-free, in-situ PFAS destruction and targeting a field demonstration in H2 2026.

Sunrise Energy Metals is injecting US$5 million into Agni Semiconductor, a US-based developer of aluminium scandium nitride (AlScN) ferroelectric diode memory technology, marking a strategic pivot into downstream semiconductor innovation linked to its scandium resources.

Norwood Systems has extended its voicemail services contract with a major Tier 1 telecommunications operator through to mid-2028, expected to generate approximately A$1.5 million in revenue over the term.

Magellan Financial Group has won unconditional ACCC approval to merge with Barrenjoey Capital Partners, aiming to complete the deal by early July and rebrand as Barrenjoey Group pending shareholder approval.

Microba Life Sciences secures $5 million in a placement led by Sonic Healthcare to fund its push towards cashflow break-even by 2027, backed by strong diagnostic sales and AI-driven efficiencies.

Vitrafy Life Sciences has secured A$30 million through an institutional placement to ramp up manufacturing of its Guardion cryopreservation devices and expand US sales operations, with an additional A$2 million sought via a shareholder plan.

Temas Resources is on track to fully commission its Ontario metallurgical lab by July 2026, initiating large-scale testing of La Blache project material to refine its proprietary RCL technology and support commercialization.

Kingfish Limited's May update reveals a robust 5.5% portfolio return, driven by standout performances from Fisher & Paykel Healthcare and Infratil amid mixed sector headwinds.