Technology, Innovation & Science

Claremont-based Parkd has sold its first relocatable car park to City Subaru Perth, which the dealership leased for the past six months following completion of the project in August.

The state government has ceased its funding agreement with Carnegie Clean Energy for its Albany wave project, a week after the company reported a net loss of $45 million for the half year.

Intellectual property firm IPH has made a $197 milllion hostile takeover bid for Xenith IP, just three weeks before Xenith shareholders were scheduled to vote on a merger with QANTM Intellectual Property.

Nick Stamatiou has established a Perth office for international firm Innovative Foundations after spending two years setting up and leading Deloitte’s IP Strategy and Commercialisation practice.

Virtual reality and ‘digital twins’ are finding a place in the building sector, from design to build to operator maintenance.

Woodside Petroleum and Curtin University took centre stage today at a major IT conference in Melbourne hosted by global technology giant Cisco.

Absolute VR has created a ‘virtual display village’, allowing buyers to book an appointment to view homes from builders in Perth.

Carnegie Clean Energy has reported a net loss of $45 million for the half year, largely due to a write-down to the value of its intellectual property.

Telstra is set close its approximately 78 business centres and open 28 business technology centres in their place.

A project to automate the Roy Hill iron ore benefication plant, predictive analytics for equipment in copper and nickel mines, and sensors to detect rocks to big for crushing were among the local initiatives to receive $2.2 million of federal innovation funding today.

The cash-strapped company that received Western Australian government funds despite not meeting milestones attached to a wave power project has been suspended from trading on the Australian stock exchange for failing to lodge its half-year financial report.

Tempo has secured a contract with Woolworths estimated to be worth between $20 million and $25 million over a three-year term, with a scope for more works over the contract term worth about $5 million.

Vocus Group says it is shifting its focus from the "complex and economically unattractive" NBN in favour of offering customers 5G fixed wireless.

After acquiring custom engineering firm Groves Manufacturing & Tooling on January 1, Nexxis will restructure and rebrand its new acquisition under the name SixDe, as it pushes into the robotics industry.

TPG Telecom will make $228 million of first-half write-downs related to its decision to stop building its mobile network.

Perth startup Formalytics is one of six tech businesses globally to be selected for an accelerator programme backed by the European football association.

Perth-based security and technology company Spectur has announced it will join the state government’s new shark drumline trial, providing nine Shark Warning Systems.

Whether it’s the latest buzzword or corporate trend, understanding what to pay attention to and what to ignore can be difficult as well as damaging, if you get it wrong.

WA could be at the forefront of disease prevention worldwide when the Perth-based National Phenome Centre is up and running.

Perth startup QuizJam, which was best known for its quiz widget, has been remaned Komo to reflect its range of digital engagement tools. The rebranding followed a successful private capital raising.

Michael Malone-chaired Sky and Space Global has received binding commitments to raise $12 million via a share placement, with a further $3 million to be raised through a priority offer.

Surveying company Veris has today announced its technology subsidiary Aqura Technologies has been awarded $7.9 million in new contracts.

Veris says it will “likely” report a $34 million non-cash impairment charge to its goodwill, because of the poor trading performance of its surveying business.

The NBN rollout continues eat away at Telstra's balance sheet, with the telco giant cutting its interim payout to shareholders after a 28 per cent dive in first-half profit to $1.2 billion.

Scitech has today renewed three partnerships with major organisations – Chevron Australia, Alcoa of Australia and Mitsui Iron Ore Development – to support delivery of its science, technology, engineering and maths programs.

Perth’s business community was shocked today to learn of the sudden passing of Graham Griffiths, who was chairman of five technology companies and had been a mentor to many people in the tech sector.

ImpactHD is an app which aims to provide a sustainable and scalable healthcare solution for individuals with Huntington’s disease (HD), which is currently incurable.

Female-led investment initiatives are building momentum from the ground up, and there’s plenty of opportunity in WA.

Shares in Tempo Australia have closed the day’s trade at 10 cents each, a fall of 20 per cent, after the contractor announced it was $4.5 million in the red for the year to December.

Industrial technology company Orbital Corporation has lowered its revenue guidance for the financial year by $4 million, following production delays to one of its new engine models.

Optus has been ordered to pay a $10 million fine, one of the highest penalties to be imposed by the Federal Court, for misleading its customers over digital content.

Data Exchange Network's share price has plunged, after it announced cost blowouts for the construction of two data centres and the resignation of its founder as chief executive.