METS QuantumTX businesses capitalise on cross-sector technology

Accelerating small and medium sized businesses (SME) solving challenges in the mining equipment, technology and services (METS) sector, QuantumTX received over 60 applications from across the state.

Almost half of all applicants were from regional Queensland, with seven regional organisations selected to participate. Due to the popularity of the programme and the volume of businesses demonstrating their capabilities in market, the number of available positions in the programme was increased from eight to 14.

Adrian Beer CEO of METS Ignited, the Industry Growth Centre for the METS sector, today announced the 14 SMEs set to accelerate the commercialisation of their products and services through the QuantumTX program, creating jobs and economic opportunity into Queensland’s AUS$7 billion resources sector; and building international competitiveness.

“Australia’s METS sector has a international reputation for developing and supplying innovative solutions, creating jobs and delivering economic benefits that far exceed the minerals sector.

“Technology innovation in world-leading sectors including mining, energy and resources are crucial drivers of jobs growth for our future economy. That’s why METS Ignited is partnering with the Queensland Government to deliver on its 10 year Roadmap and Action Plan for the sector’s development which is a key part of the state’s Economic Recovery Plan.

“METS Ignited, in collaboration with the Queensland Government and Atomic Sky are excited to announce the cohort of the QuantumTX small and medium business accelerator program, who will partake in the 12 week intensive programme designed to accelerate the commercial expansion of Queensland businesses into industry. Programme participants will receive access to expert mentoring, industry leaders, potential multi-sector clients and investors.

“There are huge benefits in supporting commercialisation of local innovation for our economy and the potential for these innovations to service other key markets such as defence, construction and space sectors,” said Adrian Beer, CEO, METS Ignited.

Programme participants were selected via a competitive process by a committee of industry mining, METS, technology and innovation experts. Each SME has potential global competitive advantage with existing innovative products solving common supply chain challenges across multiple industries; including the international space sector.

QuantumTX QLD participants from around the state include Brisbane, Gladstone, Gympie, Hervey Bay, Kallangur, Mackay and Townsville. They cover a range of innovation including robotics, clean energy management, AI and sensing, advanced materials, manufacturing, engineering, human resources and safety management, and sustainability. The SME companies selected to participate in QuantumTX QLD are:

• JESI
• MHO Infrastructure
• OreFox
• Real Serious Games
• SensaWeb
• Universal Field Robotics
• Zemek Engineering
• 2Censor
• Australian Droid and Robot
• Advanced Infrared Resources Australia
• BIA5
• Countrywide Metals
• EMB Safety Helmet
• Intov8

“Capabilities in digital automation, data analytics, robotics, sustainability and remote operations are widely recognised for their applicability across multiple industries. Expanding businesses with these solutions has the potential to grow the number of jobs already in the sector, and boost their skills and capabilities contributing to Australia’s economy,” continued Beer.

Read the article online at: https://www.globalminingreview.com/finance-business/21072020/mets-quantumtx-businesses-capitalise-on-cross-sector-technology/