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2024

ENC Conference 2024: Tecmag Celebrates Over 40 Years as an Exhibitor

Length: 5-minute read. Quick summary: Quick summary: Join us in revisiting the ENC Conference 2024, where Tecmag, Inc. marked its 41st appearance showcasing our NMR, NQR and MRI technologies and spectrometers at the Asilomar Conference Center in Pacific Grove, California. ENC Conference 2024: 41 Years…

SSR 2024: Exploring Innovation and Partnerships

Length: 4-minute read. Quick summary: The Magnetica team attended SSR 2024 conference in Puerto Rico in early March. There, we had opportunities to foster collaborations, receive expert feedback, and gain further insight into the reception of Magnetica’s technology in the musculoskeletal radiology community. This article…

Magnetica in the community: Supporting the Clanfield 85 Football Club Under-14s

Length: 2-minute read. Quick summary: Magnetica has invested in the Clanfield 85 Football Club Under-14s team to show our commitment to fostering community and to encourage and celebrate healthy habits in our teens. Magnetica is encouraging health and community through local sporting sponsorship In the…

Magnetica Investor Presentation – February 2024

It has been a busy and productive year of progress and growth for Magnetica, as we head towards the final stages of commercialisation of our 3T compact MRI system for dedicated MSK extremity imaging. Please enjoy the most recent presentation we have prepared for our…

Financial Statements For The Half Year Ended 30 November 2023

Publication Date: 29 February 2024 Financial Statements for Magnetica Limited and its controlled entities for the half year ended 30 November 2023 may be downloaded from our Investor Downloads page.  

2023

RSNA 2023: A Landmark Event for Magnetica

Length: 5-minute read. Quick summary: Magnetica’s participation at RSNA 2023 focused on unveiling our innovative 3T musculoskeletal (MSK) extremity MRI system prototype. It also showcased our collaborative efforts with the Televere Systems team and our support of the exclusive Bone Dinner, an event instrumental in…

Magnetica Limited Appoints Televere Systems, LLC to Bring Helium-free MRI Solutions to the U.S. Healthcare Market.

PRESS RELEASE FOR IMMEDIATE RELEASE CHICAGO, Nov 30, 2023 – Magnetica Limited, a pioneer in Magnetic Resonance Imaging (MRI) technology, is proud to announce a new strategic partnership with Televere Systems, LLC, a leader in radiography product distribution. The landmark agreement appoints Televere as the…

Pioneering Progress: Highlights from MSK 2023

Length: 4-minute read. Quick summary: Bringing together industry leaders from across the globe, the MSK 2023 Global Musculoskeletal Societies Joint Meeting was held in London in October 2023. Hosted for the first time by the International Skeletal Society (ISS), Magnetica was a proud sponsor and…

Annual General Meeting for FY2023 – 14 November 2023

Publication Date: 20 October 2023 Magnetica's hybrid (both in-person and virtual) Annual General Meeting for Shareholders will be held on Tuesday 14 November 2023, commencing at 1700h Brisbane time / AEST, 0700h UTC / GMT.

Annual Report – For Year Ending 31 May 2023

Publication Date: 28 September 2023 Magnetica's Annual Report for the year ended 31 May 2023 may be downloaded from our Investor Downloads page.  

Magnetica’s new Brisbane location and manufacturing facility

Publication Date: 18 September 2023   As we work to complete the commercialisation of our compact MRI system for dedicated MSK (musculoskeletal) extremity imaging applications, the Brisbane-based team has expanded to a point where we completely outgrew our long-term facility located in the suburb of...

Inaugural Life Sciences Live Event

Publication Date: 01 September 2023   Life Sciences Queensland (LSQ) held its inaugural Life Sciences Live event on the 28th August; an industry Deep Dive that was part of the Something Fest. The Life Sciences Live event was held at River City Labs and exceeded...

Presented at BridgeTech Annual Symposium

Publication Date: 20 July 2023   As a founding BridgeTech Program Industry Partner, we attended, presented and supported the annual three-day Symposium, this year being held in Melbourne, Victoria, from the 12th to the 14th July. The event was very well attended, with this year's...

Exhibited at ESSR 2023 Annual Meeting

Publication Date: 27 June 2023   We sponsored and exhibited for the first time at the 30th ESSR (European Society of Musculoskeletal Radiology) Annual Scientific Meeting in late June. Held in Bilbao, Biscay in Spain, from the 22nd to the 24th, the meeting was well...

Exhibited at ISMRM 2023 Annual Meeting

Publication Date: 14 June 2023   Our fifth year of exhibiting at ISMRM, this year's annual meeting and exhibition was held in the beautiful city of Toronto in early June. The International Society of Magnetic Resonance in Medicine's 31st annual meeting and exhibition, the event...

2022

Capital Raising Announcement

Publication Date: 30 November 2022 Capital Raising - Notice of Meeting and Share Purchase Plan A meeting of the shareholders of Magnetica Limited (the Company) will be held both physically and virtually on Monday 16 January 2023 at 5:00 p.m. Brisbane AEST / 7:00 a.m....

Attended and Sponsored 80th NMR^2 Meeting

Publication Date: 01 November 2022 Tecmag, Inc., a Magnetica company, attended and sponsored the 80th NMR Squared meeting held in Albuquerque, New Mexico on the 29th of October. Speakers included Steve Altobelli (ABQMR), Cathy Clewitt (U. Wisconsin, Madison), Jake Henshaw (Sandia), and Karl Stupic (NIST,...

Annual General Meeting for FY2022 – 21 November 2022

Publication Date: 28 October 2022 Magnetica's virtual Annual General Meeting for Shareholders will be held on Monday 21st November 2022, commencing at 1700h AEST, 0700h UTC/GMT.

Annual Report – For Year Ending 31 May 2022

Publication Date: 28 September 2022 Magnetica's Annual Report for the year ended 31 May 2022 may be downloaded from our Investor Downloads page.  

Financial Statements For The Half Year Ended 30 November 2021

Publication Date: 24 February 2022 Financial Statements for Magnetica Limited and its controlled entities for the half year ended 30 November 2021 may be downloaded from our Investor Downloads page.  

Exhibiting at ISMRM 2022 – 7th to 12th May 2022

Publication Date: 09 February 2022 The annual ISMRM Conference and Exhibition will be a hybrid event for 2022. As one of the pre-eminent events in the #MRI industry calendar, we are excited to announce that we shall be exhibiting and very much look forward to...

2021

Annual General Meeting for FY2021 – 8 December 2021

Publication Date: 17 November 2021 Magnetica's virtual Annual General Meeting for Shareholders will be held on Wednesday 8th December 2021, commencing at 1700h AEST, 0700h UTC/GMT.

Annual Report – For Year Ending 31 May 2021

Publication Date: 27 October 2021 Magnetica's Annual Report for the year ended 31 May 2021 may be downloaded from our Investor Downloads page.  

Exhibiting at ISMRM 2021 – 15th to 20th May 2021

Publication Date: 4 May 2021 The annual ISMRM Conference and Exhibition remains virtual for 2021. Similar to last year, this year's event has endured numerous challenges as the COVID-19 pandemic continues to impact the global community. Originally to be held in Vancouver, Canada, the event...

Financial Statements For The Half Year Ended 31 December 2020

Publication Date: 15 April 2021 Financial Statements for Magnetica Limited and its controlled entities for the half year ended 31 December 2020 may be downloaded from our Investor Downloads page.

[MERGER UPDATE] Magnetica’s Shareholders Approve Merger

Publication Date: 17 February 2021 On 29 January, Magnetica’s shareholders approved a merger with Scientific Magnetics, a maker of cryogen-free superconducting magnets, and Tecmag, a manufacturer of MRI and NMR instrumentation, creating a combined business with total net assets of about GBP 5.3m (USD 7.24m)....

[PRESS RELEASE] Trio of MedTech engineering businesses plan to merge – Avingtrans PLC will take majority stake

 

2020

Annual General Meeting for FY2020 – 18 November 2020

Publication Date: 16 October 2020 Magnetica's Annual General Meeting for Shareholders will be held at the company offices on Wednesday 18th November 2020, commencing at 1030h AEST.

Annual Report – For Year Ending 30 June 2020

Publication Date: 29 September 2020 Magnetica's Annual Report for the year ended 30 June 2020 may be downloaded from our Investor Downloads page.  

Manufacturing capability upgrade enabled by Australian Government Grant

Publication Date: 18 August 2020 Magnetica’s ongoing growth plans have been accelerated as a result of an upgrade of our in-house CNC machining and materials handling capabilities which is now underway. The production of our OEM and custom gradient coils and RF coils, critical subcomponents...

PulseTeq and Magnetica sign Memorandum of Understanding

Publication Date: 31 July 2020 Magnetica Limited (Australia) and PulseTeq Limited (UK) are pleased to announce the signing of a Memorandum of Understanding (MoU). With both organisations operating in the MRI equipment supply space, the MoU will foster a range of joint collaboration and commercialisation...

Exhibiting at rescheduled ISMRM 2020 – 8th to 14th August 2020

Publication Date: 21 May 2020 The annual ISMRM Conference and Exhibition has gone virtual for 2020! This year's event has endured numerous challenges as the COVID-19 pandemic continues to impact the global community. Originally to be held in Sydney in April, then Paris in August,...

Financial Statements For The Half Year Ended 31 December 2019

Publication Date: 12 March 2020 Financial Statements for Magnetica Limited and its controlled entities for the half year ended 31 December 2019 may be downloaded from our Investor Downloads page.

2019 Advance Queensland Industry Research Fellowship Recipients Announced

Dr Mingyan Li, recipient of 2019 Advance Queensland Industry Research Fellowship Publication Date: 20 February 2020 On Wednesday 19th February 2020, the Honourable Kate Jones MP announced the 2019 Advance Queensland Industry Research Fellowship recipients. 35 people received Fellowships this year, with the majority being...

Exhibiting at ISMRM 2020 in Sydney – 18th to 23rd April 2020

Publication Date: 5 February 2020 We are delighted to announce that we will be exhibiting at the ISMRM annual event! Being held in Sydney, Australia, from the 18th to 23rd of April, the International Society for Magnetic Resonance in Medicine (ISMRM) annual meeting and exhibition...

Patents granted and provisional patent activities

Dr Riyu Wei, one of the inventors, proudly holding the Chinese Patent Certificate Publication Date: 16 January 2020 Our patent portfolio has been strengthened in recent weeks with our "Magnet for Head and Extremity Imaging" patent application being granted in China and Japan. The invention...

2019

Stakeholder feedback affirms pre-commercial MSK MRI System performance

Publication Date: 17 December 2019 MRI scan of Ankle in progress During 2019, Magnetica undertook a series of user experience activities to generate feedback from stakeholder groups and to confirm the efficiency of the workflow for the pre-commercial demonstration 3T MSK/Extremity MRI system. The primary...

First regulatory compliant medical device shipped!

Publication Date: 7 November 2019 We are delighted to announce that we have shipped our first regulatory compliant medical device!! A Class 1 device for the EU market, this CE marked product represents another milestone on our journey of growth as a medical device company,...

Annual General Meeting for FY2019 – 8 November 2019

Publication Date: 8 October 2019 Magnetica's Annual General Meeting will be held at the company offices on Friday 8th November 2019, commencing 1030h AEST.

Annual Report – For Year Ending 30 June 2019

Publication Date: 27 September 2019 Magnetica's Annual Report for the year ended 30 June 2019 may be downloaded from our Investor Downloads page.

ISMRM 2019 Conference and Exhibition

Publication Date: 22 May 2019 The International Society for Magnetic Resonance in Medicine (ISMRM) annual meeting and exhibition is one of the pre-eminent events in the #MRI industry calendar and this year was held in Montreal, Canada, from the 11th to 16th of May. The 27th...

Exhibiting at QODE, global forum for innovation and technology

Publication Date: 8 April 2019 We exhibited in the MedTech area at QODE, Australia's leading global forum for innovation and technology, on the 2nd and 3rd April 2019. The inaugural QODE event was held in Brisbane at the Convention & Exhibition Centre. There was a...

Exhibiting at ISMRM 2019 in Montreal – 11th to 16th May 2019

Publication Date: 4 April 2019 We are delighted to announce that we will be exhibiting at our first ISMRM event! Being held in Montreal, Canada, from the 11th to 16th of May, the International Society for Magnetic Resonance in Medicine (ISMRM) annual meeting and exhibition...

Financial Statements For The Half Year Ended 31 December 2018

Financial Statements for Magnetica Limited and its controlled entities for the half year ended 31 December 2018 may be downloaded from our Investor Downloads page.

Exhibiting at QODE in Brisbane – 2nd & 3rd April 2019

Magnetica is proud to be an exhibitor in the MedTech area at QODE - Australia's leading global forum for innovation and technology. Come and meet our team at the Brisbane Convention & Exhibition Centre on the 2nd and 3rd April 2019 to learn about the...

2018

First BridgeTech Symposium on Medical Device Commercialisation

  The BridgeTech Program held its main event of the year, the BridgeTech Symposium, for its inaugural cohort at the stellar location of Luna Park, Sydney. At the iconic setting on Sydney’s harbour, the 80 participants took part in the BridgeTech Program to learn about...

Annual General Meeting for FY2018 – 20 November 2018

Magnetica's Annual General Meeting will be held at the company offices on 20th November 2018, commencing 1030h AEST.

Annual Report – For Year Ending 30 June 2018

Magnetica's Annual Report for the year ended 30 June 2018 may be downloaded from our Investor Downloads page.

Critical step in regulatory compliance journey completed

The team was delighted to receive our ISO 13485:2016 certificate this week, confirming our Quality Management System (QMS) has been certified as complying with the ISO 13485:2016 standard, a QMS for Medical Device companies. A strategic deliverable, achieving and maintaining compliance with applicable regulations is...

Key Milestone Achieved On Journey To Become ISO 13485:2016 Certified

Activities are progressing well as we work to obtain compliance certification with ISO13485:2016 - a Quality Management System (QMS) specific to medical device design, manufacture and distribution. Obtaining, and maintaining, this certification is integral to placing Magnetica’s MRI medical device products on the market in...

Magnetica joins BridgeTech Consortium

The BridgeTech Program is a new professional development program focused upon the commercialisation of medical devices. The program is targeted at mid-career researchers, entrepreneurs and business development professionals, delivering training on a range of disciplines related to taking medical technology to market. Subjects covered include...

Clinical standard MRI images obtained using Dedicated 3T Extremity Scanner

The initial integration of our next generation superconducting magnet, together with our gradient coils and Radio Frequency (RF) coils was completed in late 2017 and images obtained.  In collaboration with our system integration partner, work to increase the level of integration between the system elements...

Financial Statements For The Half Year Ended 31 December 2017

Financial Statements for Magnetica Limited and its controlled entities for the half year ended 31 December 2017 may be downloaded from our Investor Downloads page.

Magnetica and AMGC team up on project to optimise manufacturing methods

Magnetica and the Advanced Manufacturing Growth Centre (AMGC) team up on project to optimise manufacturing methods: - Co-funding of AU$539,650 invested in new technology to help automate manufacturing processes; and - Delivers new opportunity to scale local jobs into higher-value-added careers. Magnetica prides itself on...

2017

Capital Raising Announcement

Technical development of Magnetica’s products for a new compact, dedicated, 3T (Tesla) musculoskeletal Magnetic Resonance Imaging System (“MRI System”) is almost complete, and commercial negotiations with a major global MRI Systems Integrator for the commercialisation of the MRI System are well advanced. To support commercialisation...

Annual Report – For Year Ending 30 June 2017

Magnetica's Annual Report for the year ended 30 June 2017 may be downloaded from our Investor Downloads page.

[VIDEO] Magnetica’s RF Coils In Australia’s First MRI-Linac Equipment

Magnetica Ltd. is delighted to have been part of the team to deliver the first MRI-Linac system in Australia. MRI-Linac is state of the art cancer therapy equipment that sees an MRI coupled with a linear accelerator. It is being pioneered in Australia at the Ingham...

Financial Statements For The Half Year Ended 31 December 2016

Financial Statements for Magnetica Limited and its controlled entities for the half year ended 31 December 2016 may be downloaded from our Investor Downloads page.

Duncan Stovell Appointed as Magnetica Chief Executive Officer

Magnetica’s Directors have appointed Duncan Stovell as CEO to lead Magnetica. Duncan is an experienced executive, having held a range of business and technical roles whilst working in high-tech organisations in a number of industries, based both in Australia and the UK. Prior to joining...

2016

Musculoskeletal images produced using 3T extremity MRI system

Musculoskeletal images, produced using 3T extremity MRI system, reviewed at RSNA Musculoskeletal images captured using our 3T superconducting magnet Extremity MRI system were reviewed by a select group of specialists while attending the Radiological Society of North America (RSNA) annual meeting, RSNA 2016, held in...

Magnetica awarded AU$1M Entrepreneurs’ Programme commercialisation funding

Magnetica has received an AU$1M commercialisation grant from the Australian Government's Entrepreneurs' Programme. With a matched investment from Magnetica, the funds will be used for the integration of Magnetica's compact, high performance, patient-friendly MRI technology into a 3.0 Tesla (3T) superconducting magnet MRI system, to...

Magnetica secures Advance Queensland Ignite Ideas Grant

We are delighted to announce that Magnetica was selected as one of the organisations to receive an Advance Queensland Ignite Ideas Grant. The Grant of AU$250,000, together with a matched investment from the company, is being used to fund activities focused upon the development of...

Capital Raising via Equitise.com

Magnetica continues to make encouraging progress with our collaborating partners with a view to commercialisation of the companies 3 Tesla extremity MRI product. To support this project and its overall business plan and activities, the Company is currently conducting a share offer to raise A$1.5…

Change of Share Registry

We are pleased to advise that Magnetica has taken the decision to move its share registry management to Boardroom Pty Ltd. (Boardroom). READ MORE HERE

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