Sunday, September 8, 2024

Investment fund link a boost for SPEE3D


Australian metal 3D printing company, SPEE3D has announced a partnership with investment fund, 1941 as it builds its global business supplying dual-use military technology.

The deal links SPEE3D with former Australian Ambassador to the United States, Joe Hockey (pictured) and his successful dual-use investment fund, 1941, which is jointly owned by Bondi Partners and Ellerston Capital.

The new arrangement will see 1941 invest in SPEE3D to help expand its global business supplying metal 3D printers and integrated systems utilising its patented Cold Spray Additive Manufacturing (CSAM) technology.

CSAM can swiftly produce mechanical parts for military and industrial applications in the most complex environments and is the only in-field 3D printer being used in combat zones for Australia and its allies.

Chief Executive of SPEE3D, Byron Kennedy said the partnership with 1941 would help the company grow quickly and meet the growing demand for its technology.

“1941 and Bondi Partners have extensive military ties with the US military and other allied nations and our partnership aims to build on this great Australian success story,” Mr Kennedy said.

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US State explores possibilities in Taiwan

The Secretary of Commerce of Indiana, David Rosenberg, has led an economic delegation to Taiwan this week to showcase the US State’s partnership opportunities in advancing semiconductor research and development and production.

The visit also marks the opening of the Indiana Economic Development Corporation (IEDC) office in Taipei.   

Mr Rosenberg said Indiana’s reputation as a globally-engaged, future-focused economy continued to grow and benefitted from meeting industry and Government leaders in Taiwan.

“The State’s strategy to cultivate a robust semiconductor industry is already paying dividends for our economy. Partnering with economies like Taiwan that boast high-tech, high-growth economies will provide even more opportunities for innovation and industry advancement,” Mr Rosenberg said.

“Our new IEDC office in Taipei will further solidify opportunities to grow these sectors and attract robust supply chains in Indiana.”

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EBC in the big league with FC Barcelona

EBC Financial Group (EBC) has renewed its partnership with FC Barcelona, one of the world’s most iconic multi-sports clubs.

This collaboration is aimed at elevating the Singapore-based financial brokerage’s global presence, but also marks a significant chapter in the integration of finance and sports.

In a statement, EBC said that while the synergy between financial institutions and sports teams is not new, it has evolved dramatically over the years.

“What was once a simple sponsorship model has now transformed into a dynamic partnership, where both parties collaborate on branding, market expansion, and community engagement,” the statement said.

“For financial institutions like EBC Financial Group, football offers an unparalleled platform to connect with diverse global audiences, tapping into the passion and loyalty that sports inspire.”

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BHP seeks applicants for Xplor program

BHP Xplor, a six-month program aimed at recruiting early-stage explorers seeking to uncover new sources of critical minerals, has officially opened applications for the 2025 cohort.

The move follows the success of previous cohorts in 2023 and 2024 in the search for minerals crucial for a sustainable future.

The program is designed to accelerate participants' exploration opportunities, while fostering a long-term relationship with BHP.

Participants will benefit from up to $US500,ooo ($A744,000) equity-free funding, expert mentorship, and invaluable connections within BHP’s extensive network of suppliers and service providers.

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Treasure Global names two new directors

Treasure Global Inc. has appointed two independent directors, Leong Wei Ping and Anand Ramakrishnan, to its Board.

Mr Leong is currently an Executive Director at Asia Television Holdings Limited, responsible for the planning, organising, and directing of the organisation’s operations and programs.

Mr Ramakrishnan is currently Group Managing Director of Invest Energy Group, with a track record in delivering results for complex energy projects.

Chief Executive of Treasure Global, Carlson Thow said the appointments reflected the company’s commitment to strengthening its leadership team with individuals who brought diverse perspectives and deep industry expertise.

                         
An occasional round-up of international business stories

 

 

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