Australian battery company Redflow Limited has started installing battery production equipment at its new factory in Thailand, putting it on track to commence initial operation by the end of this year.
Through its Thai subsidiary, Redflow has signed a three-year lease on the 1500-square-metre building at the Hemaraj Chonburi Industrial Estate, part of the IEAT free trade zone, 110km southeast of Bangkok and 25km from the Laem Chabang deep sea container port.
Redflow CEO Richard Aird recently visited Thailand to finalise the lease agreement with David Nadone, Chief Executive Officer and President of Hemaraj Land and Development Public Co Ltd, a subsidiary of WHA Corporation.
Australian small business IT specialist Calvert Technologies has expanded its capacity, especially in the real estate industry, after acquiring the assets of Adelaide-based technology company Vivid IT.
Set up in 2013, Vivid IT had a customer base throughout Adelaide, from bricks-and-mortar retailers to several real estate agencies. Calvert has also recruited Vivid IT founder Bobby Collier as an account manager. As well as running his own company, Bobby’s technology experience includes positions in the defence industry with Raytheon and the Australian Air Warfare Destroyer Alliance.
Calvert Technologies is an Adelaide-based Microsoft solutions company that services small business, corporate and government customers throughout Australia. With a headcount of 12, Calvert has clients including Group Training NT in Darwin, the Challenger Gold Mine, Adelaide Expo Hire, Mykra and LCS Landscapes.
Calvert Technologies founder and managing director Dean Calvert said Vivid IT was a “great cultural fit” with his company. “Vivid IT was a smaller version of our company, providing managed services and core products such as Office 365 and security, so there’s a great alignment,” he said.
“We decided to bring these two businesses together because collectively we can deliver better services to customers than we could separately. Bobby has an intimate product knowledge from his time on the tools with Vivid IT, plus a first-hand understanding of what makes businesses tick, so he’s passionate about delivering solutions to real-world business problems.
UltraServe has launched a $5 million capital raising to accelerate its international growth into the US and European markets, in response to increasing client demand.Australian e-commerce specialist
UltraServe, a privately-owned company in which technology entrepreneur Simon Hackett first invested in 2014 and is now the majority shareholder, is achieving strong international growth having opened its US office in 2016 and a new European office recently.
UltraServe specialises in delivering e-commerce applications in the cloud, using its proprietary SmartStack software technology to provide a fast, reliable and resilient way to provision and maintain an e-commerce suite for enterprises. During the past 18 months, UltraServe has won multiple global customers, doubled its staff numbers, established serious traction in the US market, and has continued to enhance its technology and services.
UltraServe CEO Matthew Hyland said the additional capital would enable the company to accelerate its international expansion and innovation. "We'll use these funds to further our geographic expansion into Europe, to build out our US operations and to accelerate product enhancements," he said.