Sydney-based Hullbot, maker of autonomous underwater robots that scrub ship hulls, has raised $16 million in a Series A round led by climate-focused funds. Key Takeaways Key Background Hullbot CEO Tom Loefler founded the company based on recognising that biofouling was a persistent, costly problem in global shipping. Traditionally, vessels are cleaned infrequently in dry […]
Anduril, the company that opened a submarine factory in Sydney today, sits somewhere between a sovereign capability saviour and a sci-fi character. Anduril’s Asia Pacific CEO David Goodrich asked his board to start building a submarine factory in Sydney 18 months before any contract was signed. “I had a lot of sleepless nights,” he says […]
From its noir origins to its newfound elegance, Manly Pacific’s transformation mirrors a broader renaissance sweeping through Sydney’s northern beaches. Brisbane property developer Adam Flaskas looks out across Sydney Harbour from his new Felons bar, like he kinda just can’t believe it. “I sound like a broken record with my kids, always saying that old […]
The Brisbane-based inventor and Rolex Laureate behind Vaxxas and WearOptimo is betting on skin as the future of medicine. Mark Kendall has moments “where things sort of stand still”. There is absolute lucidity and, “click”, he sees things. It’s a process that has seen the Brisbane biomedical engineer take out more than 160 patents, – […]
Two CSIRO spinouts — NextOre and MRead — have merged to form MagnaTerra, uniting mining innovation and humanitarian purpose in a $150 million deal. Nick Cutmore’s career as a CSIRO scientist saw him commercialise some 14 tech breakthroughs – mostly helping the coal, iron ore and gold mining industries – but now he’s focused on […]
Born in a Sydney hospital, ResMed turned a clunky sleep aid into a global sleep-tech empire. Now it’s facing the next big test — the age of Ozempic and digital health. This story appears in Issue 19 of Forbes Australia, out now. Tap here to secure your copy. It all began when fourth-year medical student Colin […]
In a world where wealth can pass down as comfortably as a kidney stone, one Australian travel company believes the key to smooth succession lies 25 kilometres above Earth. This story appears in Issue 19 of Forbes Australia, out now. Tap here to secure your copy. The family office is in gridlock. Grandma wants to bequeath […]
From CEOs to dictators, Liz Broderick has spent her career turning unheard stories into catalysts for change. Having finished her UN mission, she is still helping organisations confront the truth. Subscribe to Forbes Australia for full access to this and all articles today Subscribe Already a subscriber? Sign In
From Melbourne shop floors to the boardroom of a 130-year-old football club, Julie Anne Quay’s journey combines fashion, family, and a refusal to accept the status quo. This story appears in Issue 19 of Forbes Australia, out now. Tap here to secure your copy. When the opportunity to buy an English football club, Barnsley FC, […]
Ken King and Leonard Hall say we’ve entered “the age of the industrial flying robot.” Their company, Freespace Operations, claims to have cracked the code for 100 kg lifts. We are “entering the age of the industrial flying robot,” say engineers Ken King and Leonard Hall who have cracked what many in the drone industry […]