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ASX Tech Stocks: Weebit Nano demonstrates its ReRAM module today and say goodbye to plastic food wrap? and
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- Harvard scientists have developed an eco-friendly, biodegradable food wrap
- Weebit Nano set to demonstrate its ReRAM IP module for the first time today
- Adveritas’ annualised revenue is up 140% YOY and up 34% for the June quarter
Scientists have developed a biodegradable and antimicrobial food packaging solution that could put an end to plastic food wraps.
The eco-friendly packaging comes in the form of an antimicrobial pullulan fibres (APF) spray that creates a plant-based coating on your food, protecting against microbial contamination and damage during transport.
Plus, researchers says the APF coating doesn’t impact the quality of the food it covers, can be easily washed off and takes only three days to completely decompose in soil.
“We knew we needed to get rid of the petroleum-based food packaging that is out there and replace it with something more sustainable, biodegradable, and non-toxic,” Harvard School of Public Health associate professor Philip Demokritou said.
“What we have come up with is a scalable technology, which enables us to turn biopolymers, which can be derived as part of a circular economy from food waste, into smart fibres that can wrap food directly.
“This is part of the new generation, ‘smart’ and ‘green’ food packaging.”
Who’s got tech news out today?
Weebit Nano is set publicly demonstrate its ReRAM IP module for the first time today.
The demonstration will show Weebit ReRAM functioning as a non-volatile memory (NVM) memory block, being fed live images and retaining this data while powered-off, then displaying the data separately.
The demonstration will also show the speed of the ReRAM module, highlighting its faster write speed compared to typical flash memory technology – which needs to access entire data sectors every time it erases/writes.
“The demo of our ReRAM technology represents yet another key technical milestone as we progress toward full productisation,” CEO Coby Hanoch says.
“The demo will be a great asset for use in our sales activities with potential customers.”
The ad fraud prevention software player says its annualised revenue is up 140% YOY and up 34% over the June quarter to date to $2.45m.
This was underpinned by new customer contracts via direct sales and Google Cloud Marketplace.
Plus, the company’s flagship TrafficGuard product is now entering the Meta (formerly Facebook) platform for pay per click (PPC), with first clients undertaking beta trials.
“This will provide yet another key sales channel for both our enterprise and self-serve customers, given the vast scale of PPC advertising on Meta,” co-founder and CEO Mat Ratty said.
Aerial imagery provider AMX says it expects to deliver FY22 full year financial results of group revenue of between A$21-23m, annual recurring revenue (ARR) for its subscription based MetroMap in the range of A$6.5-7m (up from $4.8m at June 2021) and EBITDA of between A$4.5-5.5m.
The company’s high-resolution 3D modelling product in the US has delivered its first significant contribution to revenue during FY2, and AMX said it will continue to “pursue a number of avenues in the US market which have the potential to provide a significant contribution to revenue and earnings from this division in FY23.”
