Startup · $3.2m raised
Adelaide, SA
Every investor coverage indicates participated in a round DEWC Systems raised.
| Investor | Rounds | Invested |
|---|---|---|
| Defence Innovation Hub | Grant | - |
| Defence Innovation Partnership | Grant | - |
| Federal Government | Grant | - |
Every published round DEWC Systems took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies DEWC Systems has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for DEWC Systems, as distinct from the investments it has made.
Companies DEWC Systems has backed that another company then bought. An exit for the holding, not a deal DEWC Systems did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of DEWC Systems is recorded as having been acquired. | ||||
Companies DEWC Systems acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| AES | Acquisition | May 2019 | - | indailysa.com.au, @AuManufacturing, Startup Daily, satnews.com |
| Name | Role | Sources |
|---|---|---|
| Troy Boswell | @AuManufacturing, satnews.com | |
| Ian Spencer | CEO | indailysa.com.au, @AuManufacturing, Startup Daily, satnews.com |
| Bruce Lobb | Chief Engineer | satnews.com |
Stories naming DEWC Systems. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Five South Australian defence research projects led by Flinders, UniSA and the University of Adelaide with industry partners receive the latest Collaborative Research Fund grants from the Defence Innovation Partnership.
Also @AuManufacturing
Ten Australian small businesses received defence technology grants of up to $300,000 each under the government's ICERA program, part of Next Generation Technologies, covering themes from cyber to autonomous systems.
Weekly technology roundup covering Australia's digital economy budget, multiple startup raises including SafetyCulture's unicorn round, Data Republic's administration, TikTok's new permanent CEO, and Bill.com's purchase of Divvy.
Also Startup Daily
Adelaide defence firm DEWC Systems won a $3.1 million government contract to develop a CubeSat electronic warfare sensor constellation, having earlier bought engineering firm AES to build its own hardware.
Adelaide electronic warfare firm DEWC Systems plans to launch its MOESS CubeSat constellation from Southern Launch's Whalers Way site, recalls a grant, and has acquired local engineering firm AES.