A business which designed a project at Springfield to optimise ultrafast electric vehicle charging on Queensland’s electric superhighway is getting $100,000 in state government support.
Visional Technologies is among 70 companies receiving a grant as part of $8.3 million in Queensland Government innovation funding.
Another grant recipient is FlyFreely that’s developed a software platform to handle flight planning and approval processes for commercial drone missions, providing a world-first integrated drone management platform.
The Townsville company receives $250,000 to help launch the product nationally and in two neighbouring countries.
FlyFreely founder and chief executive officer David Cole says it is setting up an international operations centre in Townsville, creating 50 more jobs over three years, and that the application of drones seems endless.
The two companies are among the latest recipients of Advance Queensland Ignite Ideas funding which will see the government support companies with products on the cusp of commercialisation.
“Electric vehicles are the way of the future. That’s why we’ve invested $100,000 to help Visional Technologies scale-up their operation and ultimately create more jobs in Queensland,” Jordan member Charis Mullen says.
Visional Technologies director professor Simon Bartlett says its project will create a REVOLUTION – or Recharging Electric Vehicles On-Line Ultrafast Through Innovative Optimised Networks.
“This project will refine the REVOLUTION system for the ultra-fast electronic vehicle charging at Springfield and use that as a starting point to demonstrate potential locations for the Queensland Electric Super Highway,” Bartlett says.
He says it will deliver low-cost electricity supplies to existing roadside refueling stations servicing Queensland’s transport industry.
“As we expand the company through this project, Visional Technologies will expand to four-times its size with 15 new jobs, and a further 15 jobs expected to be created through the technology rollout.”
Innovation minister Kate Jones says Ignite Ideas is about supporting entrepreneurs from across Queensland to grow their businesses and employ more staff..
“The Palaszczuk Government has now supported 271 Queensland businesses through $34.65 million (four rounds) of Ignite Ideas, driving more than one thousand new jobs.”
Ignite Ideas is part of the Palaszczuk Government’s $650 million Advance Queensland initiative.
