Technology, Innovation & Science

Technology company Family Zone Cyber Safety has wrapped up its first day of trading on the ASX, after completing an oversubscribed initial public offering to raise $6 million.

Recently-listed technology company Peppermint Innovation will supply its remittance system to a bank based in the Philippines under a new partnership deal.

Fleetsu collects and analyses big data streams from various sources to aid asset management, such as the use of vehicles, machinery and equipment.

The latest winners in the EY Entrepreneur of the Year awards have illustrated the diverse potential of the state’s economy by developing value-adding businesses in sectors including education, oil and gas, agriculture, and construction.

Perth IT firm Empired has sunk into the red but believes a strong recovery in the second half of the 2016 financial year has put it in a good position for FY17.

Subiaco-based software company K2fly has kicked off its national roadshow in the hopes of raising up to $5 million before a backdoor listing on the ASX, despite a recent shift in market sentiment.

Southern Cross Electrical Engineering has made a net profit for the 2016 financial year, turning itself around from last year's loss.

The startup community may have some lessons for businesses that want to somehow ‘manage’ creativity.

Vocus Communications is targeting the consumer market and has its sights on becoming Australia's "most loved telco", after its full-year profit more than trebled in the wake of mergers with M2 Group and Amcom.

Fintech and cleantech are the most trending sectors this fortnight, with six of Techboard’s top eight companies coming from these sectors.

3D printing firm Aurora Labs has wrapped up its first day of trading on the ASX, after raising $2.8 million in its initial public offering.

Perth charity Telethon Adventurers has plans to expand nationally at the end of this year, following the success of recent fundraising and research programs. 

Perth IT firm ASG Group has boasted a strong financial year on the back of growth in large-scale contracts and a tightening of its operations.

PHOTO ESSAY and MULTIMEDIA: The industrial application of automated and robotic technologies has been a feature of manufacturing for many years.

The internet of things has provided a West Perth print business with a new lease of life.

A wheat variety developed by researchers based at Murdoch University could increase profitability for Australia’s $6 billion wheat industry. 

Cooperation between the startup community and government is welcomed, but what form it takes is yet to become clear.

Instatruck connects businesses and consumers with trucks on demand.

Optus will focus on its content strategy, underpinned by its English Premier League coverage, to drive earnings growth after an 11.9 per cent first quarter profit fall amid tough price competition.

Telstra will spend an extra $3 billion on its networks and has confirmed it will return $1.5 billion to shareholders in a buyback after its annual profit jumped 36.6 per cent to $5.78 billion.

A recently opened research and innovation centre at Curtin University is rapidly building interaction between big corporates, small businesses, academia and government.

The number of Western Australian listings for accommodation site Airbnb has more than doubled in 12 months, but that growth hadn’t come at the expense of the hotel sector, Sam McDonagh told a Success & Leadership Breakfast today.

SPECIAL REPORT: Former mining boss Charlie Bass and surgeon Peter Santa Maria are among the growing number of people in Western Australia looking to make innovation a commercial reality.

Half of the top twelve trending companies in Techboard’s ranking this fortnight are health-techs, with Perth continuing to assert its credentials in the space.

Local innovators and resources industry professionals, including Karara Mining, Barminco and Fortescue Metals Group, were recognised at two separate awards ceremonies held this week.

Monadelphous Group has restructured its interest in struggling waste technology company AnaeCo, with a debt for equity swap and loan sale that will see the Perth engineering firm emerge with a 30 per cent stake and a Chinese enterprise with a 55 per cent interest.

Israeli technology company Weebit-Nano failed to excite investors on its ASX debut, with its shares lower at the close of trade.

The aquatic mystery of the Kimberley has been brought to the surface in the online interactive documentary Beneath the Waves.

Gaming giant Tabcorp is set to significantly expand its gaming machine monitoring business through the $128 million acquisition of ASX-listed Intecq.

Biotech firm Admedus has tapped investors for $18.3 million to fund ongoing development of its medical technologies.

Major health insurers HBF and Bupa have announced they will invest in the development of fellow insurer nib’s online health service platform, Whitecoat, which promotes itself as a TripAdvisor-like model offering consumers search, booking, survey, and pay functions for healthcare treatment.

Investor interest has swung strongly towards the resources sector this year, but opportunities remain for tech companies aiming to list on the ASX.