Driving their efforts towards a circular economy for battery recycling, Lithium Australia (ASX: LIT) has inked an exclusive three-year agreement with global electric vehicle (EV) leader BYD Auto to significantly expand its battery recycling operations in Australia. Under the deal, Lithium Australia’s subsidiary, Envirostream Australia, will handle all end-of-life batteries from BYD’s New Energy vehicles,
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Driving Australia forward in the global arms race towards quantum computing accessibility, Australian semiconductor company Archer Materials (ASX: AXE) has successfully produced two proof-of-concept (POC) electrical devices that enhance the manufacturability of their 12CQ quantum computing chip. The two newly developed devices improve the detection and readout of quantum information from Archer’s proprietary spin material,
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In a world where the proliferation of digital documents and cloud technology make managing paperwork both easy, and incredibly difficult to locate at times, document management tech company Knosys (ASX: KNO) has lined up another Government client, this time securing the Western Australia Director of Public Prosecutions (DPP) Office in a deal worth up to
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Drone technology company RocketDNA (ASX: RKT) has secured two contracts valued at $350,000 for its xBot PatrolBot system to be deployed across multiple mining sites, as autonomous patrol vehicles that remove the need for traditional human patrols. RocketDNA’s PatrolBot system represents an advancement in surveillance technology. Designed for industries like mining, energy, and utilities, which
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The XJO is expected to open flat this morning. The U.S rallied Friday night, however they stalled at key resistance which roughly represents both their all-time high and the ceiling of their recent consolidation range. Alongside their flat futures, our market is pausing this morning as we wait to see where they trade from here.
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Online retailer Harris Technology (ASX: HT8) has seen a significant improvement in earnings after repositioning its business strategy to counter the adverse effects of declining discretionary spending. The Company’s strategic shift, aimed at navigating a difficult economic climate where Australian households have pulled back on spending, has helped boost margins and earnings despite a reduction
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