Clean technology company Eden Innovations has announced it is planning to raise $9.8 million through a share placement and rights issue after running down its cash balance to $1.35 million at the end of December.
Online screening and verification company CV Check has generated a cash surplus of $200,000 for the December quarter, its first cash positive quarter since it was founded in 2004.
West Perth-based ClearVue Technologies has launched the first commercial trial of its photovoltaic solar panel, with the glass structure installed at Warwick Grove shopping centre.
With 1100 staff across Australia, annual revenue nudging $200 million and more growth on the way, Perth-based Kinetic IT is a good case study for privately-owned companies.
Neurotech International has announced it is seeking to raise up to $3.3 million via a rights issue, with plans to use the funds to change the strategic direction of the company’s Mente product.
TPG Telecom's $2 billion plan to build Australia's newest mobile network looks to be in tatters because of the federal government's ban on using equipment from China's Huawei.
Having survived algal blooms, urbanisation and vegetation clearing over the years, the Peel-Harvey Estuary is now the focus of a restoration effort involving international and local groups.
Swift Networks has posted a strong performance update for the second half of last year, with its founders set to receive around $5 million in additional shares.
A tech business that supports power provision in rural areas and a company developing a laser robot to remove damaged tissue and bones have won a combined $1.7 million of federal Accelerating Commercialisation grants.
Perth’s Agristart accelerator program has won $485,000 of federal government funding to run three startup incubation programs in regional Western Australia, in Northam, Albany and Busselton.
Osborne Park-based ServTech Global Holdings has acquired an Italy-based virtual reality and augmented reality software developer in an all-script deal worth around $5.9 million up-front, as the company seeks to turn around its struggling performance.
Perth-based company Kinetic IT has broken into the federal government market for the first time after signing two contracts with the Department of Defence worth a combined $91 million.
A New York-based hedge fund has moved to majority ownership of specialist business lender Radium Capital after purchasing a 50 per cent stake in the Perth-based company.
A drumline trial set to control and monitor great white shark numbers off Western Australia’s south west coast is set to go ahead, after the Environmental Protection Authority found no concerns.
Family Zone Cyber Safety says it aims to break even by the end of the year, led by record sales, a restructure of board and senior executive pay, and staff reductions.
Welshpool-based Balance Utility Solutions has been selected as the engineering and construction contractor for Terregra Renewables’ five-megawatt Mobilong solar farm, located north of Murray Bridge in South Australia.
Shares in Bentley-based Quantify Technology were up as much as 14.3 per cent today after the business signed a deal with Taiwanese company Foxconn Technology to progress towards manufacturing of its intelligent building management gadgets.
Medicinal cannabis company Creso Pharma has announced it will expand into Sri Lanka, after it signed a binding letter of intent with Ceyoka Health, one of Sri Lanka’s largest pharmaceutical distribution companies.
Australian hospital operator Healius Ltd has rejected an 'opportunistic' $2.02 billion takeover offer from its largest shareholder, Jangho Hong Kong Holdings.
Henderson-based Volt Power Group has filed a writ in the Supreme Court of Western Australia against the vendor of Wescone Distribution, a mining equipment manufacturer it acquired in January 2018.
Fremantle-based Ocean Grown Abalone has been granted a licence to develop 5,000 artificial reefs to harvest greenlip abalone at the company’s Flinders Bay lease, located in Augusta.
Local tech company Aurora Labs has signed a joint venture agreement with WorleyParsons to provide an additive manufacturing service primarily for the resources sector.
A ‘smart’ irrigation system using weather forecasts and soil moisture readings to adjust watering is one of four City of Perth projects set to get underway after a $1.3 million federal government grant was secured.
It has taken over 15 years, but Perth-based medical technology company Proteomics International is now launching a commercial product targeted at the US.
