DUG Technology

WA’s resources industry has business and community benefits that reach far beyond the export dollars they earn.

West Perth-based technology company DownUnder GeoSolutions has appointed former WA chief justice Wayne Martin as chair, as it pursues international growth off the back of its high-powered computing facilities.

Ambitious entrepreneurs and sensible policies could make WA the world’s pre-eminent location for data analytics, remote operations and high-tech industries.

West Perth company DUG Technology (formerly DownUnder GeoSolutions) has recruited company directors Michael Malone and Mark Puzey to its board as it moves closer to a stockmarket listing.

Building a supercomputing facility in Australia to rival the world’s biggest is among DUG Technology founder Matt Lamont's ambitious goals, to which end the company has announced a $26 million initial public offering.

Perth-founded supercomputing company DUG Technology has performed well on its first day of trading, listing two weeks ahead of schedule and closing 7.4 per cent higher.

High-performance computing company DUG Technology and Norwegian energy giant Equinor have signed a multi-year deal covering seismic processing and imaging technology.

How should WA prepare for a productivity revolution driven by data science and machine learning?

Some of WA’s most successful tech companies have deep roots in the resources sector. GLX Digital is planning to join them.

A post-pandemic bounce back in initial public offerings could indicate confidence among WA investors.

DUG Technology has reported first-half revenue of $24.2 million as the company continues to recover its earnings to pre-COVID-19 levels.

The state’s former chief justice has spoken out about the overrepresentation of Aboriginal people in the justice system and the role he believes sport could have in rectifying that.

Local computing company DUG Technology has signed an agreement with CSIRO to provide high-performance computing and storage services for two years.

A huge supercomputer is planned in Geraldton by ASX-listed DUG Technology, with an intended capacity of 200 petaflops and adding to the pipeline of new compute power in WA.

ASX-listed DUG Technology is filing patents for a hydrogen energy storage system which it hopes to use to support a supercomputer project in Geraldton.

Supercomputing business DUG Technology has raised funds from a discounted share placement to expand into the military, space, and renewables markets.

Personnel cuts, executive pay deferrals and reducing office space will be part of a $US4.2 million savings drive for DUG Technology.

Limitless WA: With a market capitalisation of around $100 million, DUG Technology has grown from a backyard operation to now planning a huge supercomputer in the Mid West.

New research covering more than 600 businesses paints the most detailed picture assembled of WA’s startup and tech sectors.

The super sector in WA has changed before Frank Sciarrone’s eyes.

DUG Technology has secured contracts valued at $US24m ($A35m) five months into the financial year, setting it on track to exceed its total revenue for FY22.

Limitless: WA could become a globally significant supercomputing hub on the back of the $3 billion Square Kilometre Array development.

A handful of Perth-based tech companies have sought to quell speculation of their exposure to prominent tech lender Silicon Valley Bank following its collapse at the weekend.

Dug Technology had millions tied up with Silicon Valley Bank before its collapse, but is not expecting any financial loss after the US Federal Reserve assured customer deposits would be secured.

The state government will invest more than $148 million in 40 projects state-wide, with DUG Technology, Austin Engineering, Kimberley Cotton Company and Stanley International College among the winners.

A delegation of eight WA-based defence businesses will head to London this week to showcase their products on the world stage alongside Defence Industry Minister Paul Papalia.

High performance computing has been a mainstay of research institutions worldwide for five decades, turbocharging scientific invention and innovation in numerous fields.

Local companies and people made their mark at the sector’s annual awards night in Canberra.

Government and the private sector are pushing the case for WA’s defence capabilities to be better appreciated and utilised.

High performance computing firm DUG Technology plans to open a new business unit in the Middle East, which will mark the company's fourth global geographical business hub.

DUG Technology has signed a landmark deal to license its innovative high-powered computer immersive cooling systems to Baltimore Aircoil Company.

Shares in high powered computing company DUG Technology have gained 10 per cent after the company posted several records in its FY24 results.

WA could be in prime position to take a leadership role in the global data economy.

DUG Technology has announced it will raise $35.2 million, as the company aims to further accelerate its growth trajectory.