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Optus revives Aussat to bid for Defence Contract

Optus has formed ‘Team Aussat’ with Raytheon Australia and Thales Australia to bid for the JP9102 Australia Defence Communication System program that will provide the next generation of satellite technology to the Australian Defence Force. Optus CEO Kelly Bayer Rosmarin said: “Team Aussat, has a unique proposition being the only…

Big names back Jelix Ventures’ startup fund

Venture investor Jelix Ventures has  completed the first close of a new fund for investment in startups, raising $15m from several high-profile investors. Jelix’s fund is structured as an Early Stage Venture Capital Limited Partnership (ESVCLP), which offers tax benefits to its investors. The company says it plans a further…

Catapult capitalises on COVID

ASX listed Catapult Sports (ASX:CAT), which specialises in technology for monitoring sportspeople in action, has ridden the disruption to sport globally with a number of technologies for remote monitoring, contact tracing and proximity monitoring. Chairman Dr Adir Shiffman told the company’s AGM on 20 August that company had leveraged its technology…