Matthew Lamont

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.

Almost one in 10 people aged 24 to 30 have left WA in the past five years, signalling more must be done to create a culture of opportunity.

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.

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.

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

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.

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.

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.

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.