Technology, Innovation & Science

Optus is offering to compensate customers that have not received the National Broadband Network speeds they were promised.

Shares in technology business Structural Monitoring Systems were up 18 per cent today after the company announced a $10 million acquisition of Canadian company Aerodyne Electronics Manufacturing Corporation, and completion of a $13 million raising.

Medical innovation and commercialisation group SPARK Co-Lab launched its 2017 Design Course Pitch Night last night, naming medical device startup NIMo (Non Invasive Monitoring) as the winner.

Jemma Green notched up two big achievements last month. Her company, Power Ledger, raised $34 million in Australia’s first ever ‘initial coin offering’, and she was elected deputy lord mayor of the City of Perth.

The first stage of Carnegie Clean Energy’s wave energy farm off the coast of Albany is under way, with the installation of a wave data buoy last week.

South Western Wireless WA is set to establish fixed wireless internet services across large parts of the Wheatbelt, after winning a tender run by the North Eastern Wheatbelt Regional Organisat

Global technology company Siemens has announced an in-kind grant of $447 million worth of industrial software to the University of Western Australia.

Curtin University won the WA Innovator of the Year Award last night for compounds that extend the life of fruit and vegetables.

Nearly two thirds of workers in small- and medium-sized businesses constantly solve IT problems as an addition to their day-to-day job, a survey of the sector has found.

Managing the swelling wave of technological change will require a whole-of-economy approach.

Fintech startup Finch, which was jointly established by former Perth business adviser and 40under40 award winner Toby Gardner, has completed a $2.25 million capital raising.

Federally-funded MTPConnect has announced a $1.2 million commitment to two healthcare projects, both of which involve Telethon Kids Institute as a collaborator.

Medical technology company Admedus has attracted investment group Partners for Growth for a $10 million debt facility, as it continues development of its products.

WA neurologist William Carroll has been named president of the World Federation of Neurology, the field’s top global position.

The team behind Perth-developed property app Openn Negotiation says it wants to bring transparency back to the residential sales game.

Local company Dreamscape Networks has entered into an agreement to acquire Sydney-based Enetica Group for $4.4 million in cash.

SPECIAL REPORT: Privately owned ICT firm Zetta Group has mapped out multiple growth paths, including Asian franchises and larger acquisitions.

SPECIAL REPORT: Rapid advances in cloud computing and data analytics are creating business opportunities.

Artificial intelligence has the potential to increase GDP growth by an additional 1.5 per cent per annum until 2035, according to research by consultancy Accenture.

Mining giant Rio Tinto has committed $2 million towards the development of a new curriculum in partnership with Tafe WA, which will focus on jobs around automation and future advancements in technology for the mining industry.

Medical cannabis company MGC Pharmaceuticals has locked in a supply agreement that it expects to net about $20 million in annual revenue.

SpacetoCo is a web-based application that allows users to search, book and pay for the space the user needs wherever he or she is located. It allows anyone who has space to list it for availability for free.

Dreamfit founder Darren Lomman is launching WA’s first reprocessing plant to recycle plastic into 3D printing filament.

OPINION: There has been a quiet revolution going on in the way businesses operate, thanks to something you may not have even heard of yet – chatbots.

Fibre tech company Nanollose has excited investors on its first day of trading on the ASX, following completion of a $5 million initial public offering.

Telstra says competition in the telecommunications sector remains tough and concedes it will probably lose customers to smaller rival TPG Telecom when the market newcomer establishes its own mobile phone network.

Medical technology company Neurotech International has tapped investors for $4 million to fund further development of its Mente Autism device.

Local tech company Dreamscape Networks has agreed to a $20 million cash advance facility with an undisclosed major Australian bank, to fund potential acquisitions.

Former Orbital Corporation boss Terry Stinson will join the board of Carnegie Wave Energy next month and succeed Jeff Harding as chairman, while Mark Woodall will also join the board of the renewables company.

Recruitment technology company Schrole Group has enjoyed fruitful gains on its first day of trading on the ASX, after completing a reverse takeover of Aquaint Capital Holdings and raising $6 million from investors.

The company commercialising an innovative spray-on burns treatment co-developed by medical entrepreneur Fiona Wood has launched a $17 million capital raising.

Vodafone has launched a new network that will reduce company costs and create greater power efficiency for businesses by wirelessly connecting millions of devices to the internet of things (IoT).