An oily business booming
In what is shaping up to be a game changer for renewable oils, Australia’s next oil boom might just come from plants. Recently, US-based company Amfora signed an agreement with us to advance development and commercialisation of research we’ve conducted that makes it possible to produce oil in the leaves and stems of plants as well as the seeds. We granted Amfora a worldwide, exclusive license to our technology for use in the development of specified forage crops.
The hype about HyLogger
The Australian exploration industry spends close to $600 million per year drilling holes to locate economic mineral resources. We created HyLogger – a tool that provides systematic mineral identification in near real time, greatly reducing the costs and delays associated with lab analysis. Corescan, a company that operates a network of hyperspectral mineralogy labs around the world, have signed a commercialisation deal to use HyLogger. This deal reinforces Australia’s place as a global leader in the provision of mineral exploration and mining technology.