Briefcase: Business Snippets from around South Australia
In this week’s Briefcase, Regent Homes breaks ground on new HQ and a $34 million primary school in the CBD. Plus the latest business events.
- Regent Homes breaks ground on new headquarters
- Aerometrex signs QLD govt contract
- Kelsian awarded extension of Houston bus services
- New $34 million primary school in the CBD
- Record quarter of copper production for Hillgrove
- Spacetalk raises $1.3 million
- Mighty Kingdom to raise $3.3 million
- Govt funding for new space tech
- SA-based space companies commission payload of IoT technologies
Regent Homes breaks ground on new headquarters
Luxury home builder Regent Homes is set to expand its Plympton head office, and has officially commenced construction on its latest renovation.
A state-of-the-art Selections Studio and virtual reality design rooms where clients can see their custom home concepts in detail are part of the expansion plans, with director Brad Sugars saying the renovation will create what Regent Homes represents with its work: “fresh vision and innovation”.
“This is a significant milestone for us as we continue the family legacy of excellence in home building,” Sugars said.
“Regent Homes has set the benchmark for more than 30 years, and we take pride in creating homes that reflect the way people truly want to live.”
The expansion is set to be completed in the first quarter of 2026.
Aerometrex signs QLD govt contract
South Australian aerial mapping company Aerometrex has penned a contract with the Queensland Department of Natural Resources and Mines, Manufacturing and Regional and Rural Development.
The project includes the acquisition and delivery of high-accuracy airborne LiDAR, Concurrent Aerial Imagery and Elevation datasets across south-west Queensland.
The contract, worth $875,000, was funded under the Queensland and Federal Governments’ Disaster Recovery Funding Arrangements.
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“It is pleasing to be awarded this contract,t which builds on the ongoing relationship that Aerometrex developed over a number of years with the Queensland Government,” Aerometrex acting CEO Rob Veitch said.
Kelsian awarded extension of Houston bus services
South Australian transport company Kelsian has secured a five-year extension of its contract to provide The Woodlands Express bus service in Texas via subsidiary First Class Transportation.
First Class Transportation has operated this service since 2013, and the extension is worth approximately US$29 million.
“Our First Class Transportation team delivers 99.7 per cent reliability for The Woodlands Township, and we look forward to continuing our partnership,” Kelsian group CEO Graeme Legh said.
Render: St Aloysius
New $34 million primary school in the CBD
St Aloysius has announced a new $34 million home for its primary school in the city, complete with a rooftop playspace and garden.
The purpose-built ‘vertical primary school’ will sit in a four-storey building and will include 22 classrooms, a high-tech STEM classroom, sensory rooms, a 25-metre swimming pool and more.
Principal Paddy McEvoy said students and teachers collaborated on the design of the building.
“The result is a modern and flexible building which includes shared learning commons and quiet areas to promote student agency in how and where they learn best,” McEvoy said.
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CEDA: Addressing the Housing Crisis, SA: Taking place on May 6, the session aims to address the severe shortage of affordable and secure housing options. William Buck 2025 CFO Summit: The summit will address pressing issues facing businesses, like AI and ESG, as well as discuss the state and national economy on May 14 at the Adelaide Oval. AI Day: Digital Adelaide is hosting its first AI Day, dedicated to all things artificial intelligence, at The Drive on May 16. 2025 AEDA Business Summit, South Australian Premier Peter Malinauskas will attend the summit and will be joined by a stellar lineup of business leaders and industry experts on May 20 at the Adelaide Oval. Mastering Marketing: The Australian Marketing Institute is bringing together some of South Australia’s top Chief Marketing Officers for a one-day seminar on May 21 at The Drive. SA: State Budget Lunch: The Property Council’s State Budget Lunch, a highlight on the organisation’s events calendar, will be held on June 11 at Adelaide Oval. |
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Record quarter of copper production for Hillgrove
Hillgrove Resources has delivered a record quarter of copper production of 2952 tonnes – up 12 per cent on the December quarter.
This is the highest quarterly production since Hillgrove started processing from underground operations in February 2024.
“It was pleasing to see the operation hit its stride and continue the upward momentum from 2024, with a record quarter achieved for the key physical metrics,” CEO and managing director Bob Fulker said.
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“We have set ourselves up well for the rest of 2025, particularly with the development metres achieved in March.”
Spacetalk raises $1.3 million
Adelaide tech firm Spacetalk has raised $1.27 million from investors to fund the purchase of inventory, geographical expansion, a new app ecosystem and more.
Managing director Simon Crowther said the raise “provides us with the capital to push further into new geographies, complete development of our next generation of kids’ and seniors’ hardware plus an entirely new software experience for our customers and users with the new app, bringing our ecosystem to life with unique product capabilities”.
“These initiatives will drive subscriptions as we remain focused on delivering $20-25 million in annual recurring revenue in 2026.”
Mighty Kingdom to raise $3.3 million
Video game developer Mighty Kingdom is looking to raise $3.35 million to strengthen its balance sheet and fund growth initiatives.
The offer price of $0.005 represents a 28.6 per cent discount to the company’s last close.
If fully subscribed, the offer will result in the issue of approximately 670 million new Mighty Kingdom shares, representing 310 per cent of the company’s currently issued share capital.
(L-R) ispace Director & CFO Jumpei Nozaki and entX Limited Managing Director Bryn Jones. Photo: Supplied
Govt funding for new space tech
A state government space industry grant will accelerate the commercialisation of entX’s radioisotope heating unit – a device that protects spacecraft components and systems during the lunar night.
The company hopes this will one day enable future exploration of the moon, and has secured $200,000 under the South Australian Space Collaboration and Innovation Fund to fast-track development of the technology.
“This support from the South Australian government will enable us to work closely with ispace [a Japanese company] to investigate the feasibility of integrating our RHU into future lunar missions,” entX managing director Bryn Jones said.
Inovor, Myriota and SmartSat CRC members with the Kanyini satellite. Photo: Supplied
SA-based space companies commission payload of IoT technologies
The communications technology of Adelaide-based Myriota has been successfully onboarded on South Australia’s first publicly funded satellite, Kanyini, which is operated by SA satellite company Inovor.
The payload contains Myriota’s tech which enables monitoring of critical resources across South Australia and Australia more broadly, including water, on-farm liquids (diesel, fertiliser) and soil. Inovor have successfully brought the technology online as Kanyini travels over 500kms above ground.
This technology has the capacity to save time and money for farmers and agricultural businesses by significantly reducing trips to check assets and automating data collection.
CTO of Myriota David Haley said the partnership between the two SA-based companies “exemplifies our commitment to building Australian capability in a collaborative way – Harnessing Myriota’s cutting-edge technology to solve real-world challenges, from protecting natural resources to enabling smarter, more efficient business practices”.
