Australia’s first METS accelerator graduates eight innovative mining companies

Australia’s first METS accelerator graduates eight innovative mining companies

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Eight METS companies have recently completed the Igniting METS Accelerator in Brisbane. The Igniting METS Accelerator was METS Ignited’s highly successful pilot program with the Queensland State Government. It was Australia’s first last-stage accelerator with the sole focus on mining equipment, technology and services (METS) companies.

The companies underwent an intensive 12-week program run by KPMG that included workshops and mentoring from industry leaders, entrepreneurs and subject matter experts. They received financial, marketing, commercial and technical advice to commercialise their products and services.

Three of the companies took home awards at the graduation event at The Precinct last Wednesday. Vayeron from Mackay took home the Customer Pitch Award, XDR from Ipswich won the Investor Pitch Award and Artemis Intelligent Robotic Systems from the Whitsunday Islands received the Program Choice Award.

The program culminated in pitch events with industry representatives and the investment community.

METS Ignited

Meet the METS Accelerator graduates

Artemis Intelligent Robotic Systems – Whitsunday Islands

Providing complete through wall analysis of tubular structures with three-dimensional reporting. Use of next generation sensors to move reporting and prediction from best educated guess to quantitative knowledge.

Commitworks – Brisbane

Software for the frontline team in the mining, energy and infrastructure industries including flexible shift plans and a visualisation of the hazards, equipment, tasks and people.

FDP Mining – Rockhampton

Mines and reprocesses tailing dams to deliver product coal from a resource currently considered waste.

Mackay Conveyor Equipment – Mackay

Creators of Jibaroo, an underground maingate transfer system that collapses and stands with hydraulics.

Paradyn Systems – Melbourne

Creators of BlendOpt, an integrated pit-to-port planning and scheduling cloud platform built with advanced optimisation and machine learning technologies. BlendOpt delivers transformational step-change improvements to operational profitability within complex supply chains.

QuickSafety – Toowoomba

A field force automation platform that enables the electrical industry to solve issues in compliance, risk and safety. Helps users eliminate legal liability and personal risk, while saving time and money.

Vayeron – Mackay

An industrial IoT company which has developed the Smart Idler – a sensor technology for monitoring and predicting conveyor roller failure in high capacity, time critical bulk materials handling conveyors used in mines, ports and processing plants.

XDR – Ipswich

Designs, manufactures and sells fast, agile, safe and powerful onshore oil and gas well workover rigs. Coupled with its patented Power Drill Snub and Hands Free Systems, the XDR range of oilfield products is changing the way workover is conducted and significantly reducing the costs of well servicing.

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