Congratulations to Melbourne-based electric motor developer, Kite Magnetics, on a major partnership with Toulouse-based H3 Dynamics, announced at the Paris Airshow. The partnership is to develop the most advanced Hydrogen-Electric Propulsion System for aviation.
Victoria is leading all states in attracting high-growth Singaporean businesses that create jobs and boost innovation – and Melbourne will now host a leading accelerator program to continue the trend.
Victoria is attracting cutting-edge international companies, enhancing the state’s vibrant startup and renewable energy sectors and growing local jobs.
Victoria is setting up to be a global leader in emissions reduction in the world by cutting Victoria’s emissions by 75–80% by 2035, creating a significant investment opportunities across the states clean energy sector.
A major milestone has been achieved in the development of Australia’s first offshore wind farm with the first investigation to test seabed conditions off the Gippsland, Victoria coast for the wind energy project – the first-ever marine geotechnical campaign in Australia.
International investors can be part of a ground-breaking first investment opportunity following the launch of the Victorian Government’s State Electricity Commission Pioneer Investment Mandate, which further establishes Victoria as a clean energy economy.
Victoria and South Africa will partner to fast-track the development and manufacture of next generation mRNA vaccines and medicines on a global scale.
Australia‘s largest wind farm will soon start construction in the Golden Plains Shire just 2 hours’ drive from Melbourne.
Melbourne’s medtech ecosystem to attract further international investment with the announcement Victorian-based health technology manufacturers can now fast-track the development of their digital or connected products through the Victorian Connected Health Innovation and Commercialisation Centre.
A new purpose-built electric vehicle laboratory located at Kangan Institute’s Automotive Centre of Excellence in Melbourne’s Docklands will provide Australia’s next generation of specially trained technicians while also helping Victoria to become a global electric vehicle research and manufacturing powerhouse.
LATAM, Latin America’s largest airline is returning to Melbourne – boosting Victoria’s economy through increased trade opportunities, creation of hundreds of local jobs, and more visitors and international students to the state.
Victoria’s status as a key global destination for technology investment and innovation has been given a boost with the Cremorne Digital Hub entering a new phase in its development.