Tech news from Australia in June 2023 covered items including AUKUS trials of artificial intelligence-controlled drones, lithium-sulfur batteries tech, news on Australia’s quantum technologies moves, hydrogen power developments in Australia and more.
The New Zealand tech news snapshot for June 2023 is also available.
Read about these and other Australian technology developments by hitting the news headline links below.
‣ Plus: Daily updates & weekly newsletters >
SXSW Sydney 2023 – October 15-22 – South By South West Sydney
- Australia: Mash lands $2M pre-A funding with tech-enabled, curated bespoke and remote creative teams focused on marketing-related work for brands
- AUKUS partners – Australia, US and UK – ran AUKUS Advanced Capabilities Pillar program test focused on AI-controlled drone ‘swarming’ to trial leading-edge technologies
“This trial demonstrates the military advantage of AUKUS advanced capabilities, as we work in coalition to identify, track, and counter potential adversaries from a greater distance and with greater speed,” UK Deputy Chief of Defence Staff Rob Magowan said.
- Here’s a quick intro to the FinTech Australia 2023 Finnies Winners
- ‘Safe and responsible AI in Australia: discussion paper’ released, with public submissions closing July 26th
- Australia: An intro to the winning startups and services from The Governor of Victoria Startup Awards, celebrating startups, investors, services and more
- Australia: Li-S Energy unveils 20-layer lithium-sulfur batteries, potentially offering cheaper, lighter-weight storage, and cost and safety benefits over standard lithium units
Tech Council of Australia: Australia’s Generative AI opportunity
- Download: ‘The State of AI Governance in Australia’, a report from The Human Technology Institute at the University of Technology Sydney
- Australia: A look at Endua, working on hydrogen power banks capable of up to 100kW per unit, aiming to supplement diesel generators in microgrid situations via 6×3 meter sized units
- Australia: Gov’t announces $55M quantum industry feasibility grants, with estimates the industry ‘could be worth as much as $6.1 billion and employ 19,000 Australians by 2045’
“Cooke said the Australian Quantum Growth Centre will provide ‘up to $18.5 million in grant funding over four years for an existing organisation to deliver a range of industry growth services to the sector.’”
- Australia: Tech Council of Australia National Tech Summit is set for July 20-21 in Brisbane
- Australia: Hysata hydrogen-focused clean energy firm gains Morgan Stanley backing with sights on raising as much as $68M Series B funding, with conditional orders and letters of intent in place
Australian Strategic Policy Institute: AUKUS and critical minerals
- Australia: China’s MG EV automaker cuts $6000 from price for MG4 electric vehicle, making it Australia’s first entry-level model under $40K and undercutting rival BYD
- Australia: Gov’t has published the Critical Minerals Strategy 2023–2030, setting out a vision for growing Australia’s critical minerals sector
“Based on a survey of how widespread entrepreneurship is across business managers — Australia was ranked 62nd of 64 countries. The credibility of managers was a little better at 46th.”
- Australia: Air Force Commander to lead federal government cybersecurity incident response efforts as inaugural national cybersecurity coordinator, commencing in July
- Australia: New South Wales to open state’s first International Landing Pad by year-end in bid to attract tech firms from overseas
CSIRO: Australian Tech Industry Map
- Australia: ElectraLith unveils lithium extraction system using brine, allowing extraction from salt lakes, mine tailings and more without chemicals, delivering cleaner, cheaper EV batteries
- Australia: Treasury’s ‘Strategic Plan for Australia’s Payments System’ roadmap is available to download, looking at 5 key components
- Australia: Financial regulator imposes requirement on Medibank to hold extra $250M in capital to ‘expedite remediation’ following huge 2022 data breach
“Medibank is already facing several class actions over last October’s cyberattack which saw about 9.7 million Australians have their personal medical information compromised, and in some cases posted online.”
- An overview of the challenges involved in New Zealand’s aspirations for AUKUS Pillar 2 participation, the pillar dealing with advanced technologies
- Inaugural South Korea-Pacific Islands Summit sees growth in defence cooperation with Korea to join Indo-Pacific Endeavour drills, and underwater mines detect-and-disarm program
- ‘The growing centrality of India in Australia’s Indo-Pacific policy’ via Observer Research Foundation
CSIS: Mapping semiconductor supply chains – Indo-Pacific’s importance
New Zealand tech news: June 2023
- New Zealand: Onwardly cybersecurity SaaS startup partners Brightly, SafeAdvisory and Theta to provide businesses with a comprehensive one-stop approach to cyber-resilience
- An overview of the challenges involved in New Zealand’s aspirations for AUKUS Pillar 2 participation, the pillar dealing with advanced technologies
- New Zealand: Cogo, carbon footprint management fintech, raises NZ$1M with services to banks, help bank customers measure and reduce their carbon impact
Kordia: NZ Cyber Security Report 2023
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