Invention

Could Albanese’s bet on homegrown green industries be the boost our regions deserve?

Retrieved on: 
Thursday, April 18, 2024

In 2022, America launched its mammoth Inflation Reduction Act and the CHIPS and Science Act.

Key Points: 
  • In 2022, America launched its mammoth Inflation Reduction Act and the CHIPS and Science Act.
  • China, of course, moved first, and dominates the market for most clean energy products, from solar panels to wind turbines and batteries.
  • For Australia, efforts to reshore manufacturing and stimulate new industries should focus on supporting and stimulating regions.
  • If they becomes reality, these plans present a rare chance to make our regions into sustainable economic powerhouses.

Boosting the regions

  • The developer could employ locals, and – if efforts to bring back manufacturing pay off – locally made components could be used wherever possible.
  • This is why the proposed Future Made In Australia Act is a very real opportunity to deliver energy justice for our regions and rural communities.
  • Queensland might be a first mover here by legally defining social license and requiring renewable energy developers to engage with communities.
  • Read more:
    Made in America: how Biden's climate package is fuelling the global drive to net zero

Could Australian-made really work?

  • There’s a low chance we will go directly head-to-head with green energy giants such as China.
  • For instance, we’re already one of the world’s top per capita users of solar, and our food exports are highly regarded.
  • Australia has world-leading solar photovoltaic expertise, which we could tap into to create custom-designed agrivoltaics solutions, co-designed with farmers.
  • The timing is good – the World Economic Forum earlier this year called for better financing and development of these types of technologies.
  • Like agrivoltaics, these kinds of inventions offer double benefits – cut carbon emissions, boost farm productivity.

We should use our comparative advantages

  • But what is clear is it represents a real chance for our regional and rural communities to lead the energy transition.
  • And we can do it while uplifting the regional and rural communities which will play home to this transition.


Madeline Taylor is a Clean Energy Council Chloe Munro Scholar, is a Fellow at the Climate Council, and is on the Board of REAlliance,

EQS-News: Schaeffler and Vitesco enter into merger agreement

Retrieved on: 
Wednesday, April 10, 2024

Herzogenaurach |March 13, 2024 | Schaeffler and Vitesco today entered into a merger agreement, following the approval of their respective Supervisory Boards.

Key Points: 
  • Herzogenaurach |March 13, 2024 | Schaeffler and Vitesco today entered into a merger agreement, following the approval of their respective Supervisory Boards.
  • The agreement sets out the legally binding terms and conditions for the merger of Vitesco Technologies Group AG (“Vitesco”) into Schaeffler AG (“Schaeffler”).
  • Thus, Vitesco shareholders will receive 11.4 Schaeffler shares in exchange for one Vitesco share.
  • Klaus Rosenfeld, CEO of Schaeffler AG, said: “The signing of the merger agreement marks another important milestone in the implementation of the transaction.

Current constipation medications don't provide relief for some patients with Chronic Idiopathic Constipation, per Gastroenterologist survey

Retrieved on: 
Tuesday, April 9, 2024

The survey of roughly 100 high-volume gastroenterology providers found that 74 percent of those interviewed are either unsure or positive that the medications they prescribe for patients with chronic constipation are not working.

Key Points: 
  • The survey of roughly 100 high-volume gastroenterology providers found that 74 percent of those interviewed are either unsure or positive that the medications they prescribe for patients with chronic constipation are not working.
  • Disrupting the U.S. $4.6 billion constipation treatment market, Vibrant Gastro’s first-in-class technology offers providers and patients with a new, non-pharmaceutical alternative to address this issue.
  • Patients track the progress of the treatment on their phone with an app to increase compliance, consistency and to monitor results.
  • A study presented at Digestive Disease Week in 2023 found significant symptomatic relief in patients and a substantially improved quality of life.

Dramamine® Celebrates its 75th Anniversary by Reviving an Unexpected Partner: The Barf Bag

Retrieved on: 
Wednesday, April 3, 2024

TARRYTOWN, N.Y., April 03, 2024 (GLOBE NEWSWIRE) -- 1949 was a big year for barf, welcoming the invention of the barf bag and Dramamine® .

Key Points: 
  • TARRYTOWN, N.Y., April 03, 2024 (GLOBE NEWSWIRE) -- 1949 was a big year for barf, welcoming the invention of the barf bag and Dramamine® .
  • Dramamine and barf bags have been fighting the good fight against nausea together, but the barf bag can make way for a purpose that goes way beyond catching upchucks.
  • Each bag in its repurposed form will be available for purchase for $5, and bundles including a barf bag and Dramamine product will be $10 while supplies last.
  • Consumers can pay their tributes to the barf bag’s cultural impact and secure their piece of barf bag history by visiting TheLastBarfBag.com .

Byte Federal Launches Point of Sale System for Merchants seeking to accept Bitcoin

Retrieved on: 
Wednesday, April 3, 2024

Lennart Lopin, Byte Federal co-founder and CTO, expressed the vision behind the innovation: "Sound money is essential for creators and inventors, driving societal progress.

Key Points: 
  • Lennart Lopin, Byte Federal co-founder and CTO, expressed the vision behind the innovation: "Sound money is essential for creators and inventors, driving societal progress.
  • After a successful beta testing program, Byte Federal's merchant POS system is now available throughout most of the United States.
  • Headquartered in Florida, Byte Federal has a dedicated team to provide expert integration assistance to merchants seeking to expand their payment options.
  • For additional information about the merchant point of sale system, please send an email to: [email protected].

The McWhorter Foundation To Call On Sequoia Capital and Industry Leaders Alongside C.K. McWhorter For Support In Further Diversifying Tech Entrepreneurship

Retrieved on: 
Tuesday, April 2, 2024

SILICON VALLEY, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- The McWhorter Foundation announces it will call on Sequoia Capital in support of further diversifying tech entrepreneurship.

Key Points: 
  • SILICON VALLEY, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- The McWhorter Foundation announces it will call on Sequoia Capital in support of further diversifying tech entrepreneurship.
  • Research underscores that startups led by Black entrepreneurs face more significant challenges, including securing external capital, particularly external debt.
  • Similarly, women in tech, especially those from underrepresented backgrounds, encounter severe limitations in securing venture capital, crucial for rapid business growth despite representing a significant portion of U.S.-owned businesses.
  • McWhorter Foundation has not registered with the U.S. Securities and Exchange Commission (SEC) and may operate under exemptions.

ReShape Lifesciences® Receives Notice of Allowance for Additional U.S. Patent Related to an Intragastric Balloon System

Retrieved on: 
Thursday, March 28, 2024

Once issued, the patent will provide protection into at least January 2031, without accounting for a potential Patent Term Extension (PTE).

Key Points: 
  • Once issued, the patent will provide protection into at least January 2031, without accounting for a potential Patent Term Extension (PTE).
  • “Allowance of this patent significantly strengthens our intellectual property portfolio around our innovations for an intragastric balloon system and is a significant accomplishment, ensuring comprehensive protection,” stated Paul F. Hickey, President and Chief Executive Officer of ReShape Lifesciences.
  • “Since the initial filing of our patent application in 2011, we have secured over 50 patents around the intragastric balloon system and ReShape has an extensive family of over 160 patents issued and pending for a wide range of new and protected inventions.
  • Going forward, we will continue to build a defensive ‘moat’ around our product portfolio, innovation and commercialization efforts.

Kroger Zero Hunger | Zero Waste Foundation Sponsors National STEM Festival

Retrieved on: 
Tuesday, April 9, 2024

CINCINNATI, April 9, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Zero Hunger | Zero Waste Foundation today announced it is sponsoring the 2024 National STEM Festival co-presented by EXPLR and the U.S. Department of Education April 12-13 in Washington, D.C. The festival is the first-ever nationwide initiative to foster creativity, critical thinking and a passion for science, technology, engineering and mathematics (STEM) subjects among middle and high school students.

Key Points: 
  • Foundation leading conversations on food access, food security and waste challenges
    CINCINNATI, April 9, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Zero Hunger | Zero Waste Foundation today announced it is sponsoring the 2024 National STEM Festival co-presented by EXPLR and the U.S. Department of Education April 12-13 in Washington, D.C.
  • Cultivating this talent is an investment in our future and critical to our Zero Hunger | Zero Waste vision."
  • The Zero Hunger | Zero Waste Foundation, a nonprofit public charity established to direct charitable funds to organizations and innovators aligned with Kroger's Zero Hunger | Zero Waste impact plan, is sponsoring the Festival's Future Foods pillar.
  • For more information about the National STEM Festival, visit: www.nationalstemfestival.com

Global Leading Metal Shaping Equipment Maker HSG Strengthens Business Expansion in India

Retrieved on: 
Tuesday, April 9, 2024

CHENNAI, India, April 9, 2024 /PRNewswire/ -- HSG Laser, a global leader in metal shaping equipment, is intensifying its business expansion efforts in India.

Key Points: 
  • CHENNAI, India, April 9, 2024 /PRNewswire/ -- HSG Laser, a global leader in metal shaping equipment, is intensifying its business expansion efforts in India.
  • For over ten years, HSG Laser has built up a strong presence in the Indian metal shaping equipment industry.
  • HSG Laser has established global research and development (R&D) institutions, including an R&D center in Japan, representing a frontrunner in the photonics industry.
  • It is poised to solidify its position as a global leader in the metal shaping industry.

Government of Canada announces support for innovative solutions to address labour challenges in the agriculture and agri-food sector

Retrieved on: 
Friday, April 5, 2024

These companies have developed ideas to address challenges such as work productivity, labour shortages, and operational efficiency.

Key Points: 
  • These companies have developed ideas to address challenges such as work productivity, labour shortages, and operational efficiency.
  • -       The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food
    "Through the Innovative Solutions Canada program, our government empowers SMEs to drive innovation and solve challenges.
  • Our government supports these efforts through Innovative Solutions Canada, assisting small and medium-sized Canadian businesses in developing new inventions that are crucial for the sector.
  • We are grateful to the Innovative Solutions Canada Program and Agriculture and Agri-Food Canada for their support to develop a market ready solution which we can pioneer in Canada."