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Silex gets laser-focused with US Department of Energy contract

Silex Systems (ASX:SLX) specialises in laser-based technology for uranium enrichment. Its proprietary SILEX (Separation of Isotopes by Laser Excitation) process uses lasers to selectively excite uranium isotopes, enabling the efficient production of material for nuclear power. This method is touted as a cleaner, more energy-efficient alternative to traditional gas centrifuge techniques. Silex’s technology is exclusively […]

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Southern Cross lands NEXTDC, desalination and Sydney Metro deals

Southern Cross Electrical Engineering (ASX:SXE) has secured $125m in new contracts spanning data centres, a desalination plant and a Sydney transport project. The company, headquartered in Perth, provides electrical, instrumentation and communication services to infrastructure, resources and commercial sectors.  Among the latest wins is a contract with data centre operator NEXTDC for electrical installation at

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Vulcan Energy announces $164m placement to fund Lionheart

Vulcan Energy (ASX:VUL) has announced a $164m institutional placement and a $20m share purchase plan (SPP) to fund key aspects of its Lionheart Project in Germany’s Upper Rhine Valley Brine Field. The company aims to become the world’s first carbon-neutral, integrated lithium and renewable energy producer. The placement will raise $121m from institutional investors and

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Titomic’s cold spray gets aerospace industry’s warm embrace

Titomic (ASX:TTT), headquartered in Melbourne, is a leader in the development of cold spray technology. Cold spray involves metal or other materials being sprayed at high velocity onto a surface to create a coating or build a solid structure. In a release today, the company announced it has collaborated with global professional association SAE International

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How Google’s quantum chip tackled a 10 septillion-year problem

Google has announced the development of its new quantum computing chip, Willow.  The company stated that Willow can solve mathematical problems in five minutes that would take a classical supercomputer 10 septillion years—a period exceeding the age of the universe many times over. A quantum leap The key milestone Google passed was the Random Circuit

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Australia’s falling living standards – What’s driving it and how to fix it

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses living standards. Key points Falling real wages and a surge in tax and interest payments have led to a slump in Australian living standards. But a broader driver of the malaise in living standards has been a slump in productivity growth from

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US markets dip as Dow falls for fourth straight day, eyes on US inflation data

US stocks have closed lower, with the Dow Jones Industrial Average down for the fourth consecutive session. The Dow shed 154.10 points, or 0.35%, to close at 44,247.83. The S&P 500 dropped 0.3% to 6,034.91, while the Nasdaq Composite slipped 0.25% to 19,687.24. Tech stocks were in focus, with Oracle tumbling 6.7% after its quarterly

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14-year shift: China gets “moderately loose” with monetary policy

China’s Communist Party has shifted its monetary policy stance to “moderately loose” from “prudent” for the first time since 2009. The announcement, made by the Politburo on Monday, comes as part of a broader effort to bolster China’s slowing economy and address mounting deflationary pressures. The shift was revealed ahead of the upcoming Central Economic

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Neuromorphic nod: BrainChip secures US$1.8m deal with US Air Force Research Laboratory

BrainChip Holdings (ASX:BRN) has been awarded a US$1.8m contract with the US Air Force Research Laboratory (AFRL) to develop neuromorphic radar signal processing algorithms. The deal is part of the Small Business Innovation Research program. The total contract amount will be paid over the 12-month term of the agreement. The tech BrainChip specialises in the

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