• Tesla plans to release prototype humanoid robot at AI Day on Friday
  • Micro-X nabs an extension on miniature baggage scanner deal with the US Department of Homeland Security
  • Superloop picks up VostroNet, expands into Tertiary Student accommodation broadband sector

 

Elon Musk is planning to release his prototype Optimus robot on the 30th of September at Tesla’s AI Day.

And yes, he’s named the humanoid robot after the Transformers’ leader Optimus Prime…

 

 

But not everyone is impressed, Arizona State University human systems engineering Professor Nancy Cooke told Reuters it would be hard to meet public expectations of robots that are as capable as humans – and Tesla will need to show the robots doing multiple, unscripted actions.

“If he just gets the robot to walk around, or he gets the robots to dance, that’s already been done. That’s not that impressive,” she said.

Musk has flagged that production could start as early as next year.

 

Who’s got tech news out today?

MICRO-X (ASX:MX1)

The company’s US subsidiary Micro-X Inc has been awarded an extension on its development contract with the US Department of Homeland Security (DHS), which will see Micro-X delivering a second prototype Miniature CT Baggage Scanner to the DHS. 

“We are very pleased with DHS adding a second prototype and exercising the option to design a prototype self-screening module,” CEO & General Manager of the Checkpoints Business Unit Dr Brian Gonzales.

“This is a strong indication of the success of the projects to-date, and it is our goal to continue building on this success toward our vision of building a passenger focussed checkpoint, based on our unique x-ray technology.” 

This will add another US$0.44 million contract payment on top of the existing US$1.57 million contract.

 

SUPERLOOP (ASX:SLC)
Superloop will acquire VostroNet, a provider of wholesale Fibre-to-the-Premises (FTTP) access networks and purpose built student accommodation broadband. 

The company says the combination of assets will deliver a market-leading position in the supply of broadband in the Tertiary Student accommodation sector, delivering national coverage to approximately 40,000 student beds. 

Consideration is for $35 million, comprising $24.5 million in cash and $10.5 million in Superloop shares.

 

ZEOTECH (ASX:ZEO)

The emerging mineral processing company has secured firm commitments to raise $2,209,930 via a placement at $0.042 per share.

The funding will be applied to a research program with Griffith University to develop and validate the application of Zeotech products for controlling landfill methane emissions, supporting the fit-out of the Company’s new lab facilities at Brisbane Technology Park to grow inhouse research capability and sample production capacity as well as progressing the company’s high-grade Toondoon kaolin project (ML 80126).

 

HALO TECHNOLOGIES (ASX:HAL)

The global equities research and trade execution software player has signed two agreements to grow its Australian customer footprint, including one with a Sydney-based dealer group of 25 Corporate Authorised Representatives (‘CARs’) who each provide personal advice to established books of clients. 

The dealer group will receive access to the HALO Professional service, to research global equities and ETFs, open accounts and execute trades in 26 countries and across 32 exchanges, on behalf of their clients. 

HALO has also successfully executed an agreement with an individual CARs which represents approximately AU$300M of client funds under management (‘FUM’), the majority of which will be transferred across to the HALO platform over the next 12 months.

 

MX1, SLC, ZEO and HAL share prices today:

 

 

 

At Stockhead we tell it like it is. While Zeotech and Halo Technologies are Stockhead advertisers, they did not sponsor this article.

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