In a blow to the Australian tech industry, audio tech company Nuheara (ASX: NUH) has entered voluntary administration after failing to renegotiate its debt obligations. This decision comes after a protracted strategic review aimed at rescuing the Company, which has ultimately failed. The primary issue revolves around a $2.5 million convertible note held by Realtek
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While the artificial intelligence industry has been a big winner from the bumper financials delivered by semiconductor company NVIDIA last month, shareholders of semiconductor equipment firm Revasum (ASX: RVS) are still waiting to see the share price gains delivered by peers. The wait could take another two weeks, with Revasum extending its voluntary suspension in
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After becoming a member of the US CLAWS hub in October 2023, semiconductor developer BluGlass (ASX: BLG) has signed its first contract: a $2.6 million (US$1.775m) contract with North Carolina State University (NCSU) to develop lasers in FY24. As part of its contract for FY24, BluGlass is working on single-frequency DFB (Distributed-feedback) lasers and progressing
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A semiconductor company with a quantum computing and medical diagnostics focus, Archer Materials Limited (ASX: AXE), has announced a notable development in its advanced Biochip graphene field effect transistor (gFET) technology. Archer has successfully demonstrated multiplexing readout capabilities for its Biochip, i.e. they have shown the device can make sense of multiple liquid samples arriving
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Australian semiconductor company Archer Materials (ASX: AXE) is one step closer to the next generation of medical diagnostics through the successful manufacture of its graphene ‘lab-on-a-chip’ biochip in a commercial semiconductor foundry. Scaling the design and production of graphene chips to be used as biological sensors is a significant challenge to commercialising what could potentially
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One of Australia’s most watched chip developers, Archer Materials (ASX: AXE), has joined forces with semiconductor manufacturer GlobalFoundries to advance its quantum chip technology. The two companies will be working in partnership to develop Archers’ ¹²CQ quantum chip technology and scale up manufacturing. Archer will be utilising GlobalFoundries’ facilities and production processes to explore the
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