$100 million open innovation challenge to find and fund ideas to accelerate detection of breast cancer and enable more personalised treatment
New mobile mammography concept SenoCase™ to transform access to screening in underserved areas
SenoBright™, an exclusive imaging technique, improves accuracy of breast exams and helps doctors better identify patients who need biopsies
GE to invest $1 billion on cancer R&D over five years
Formation of cancer coalition in Australia to expand access to mammography screening and breast cancer technology
Sydney, Australia -- 1 September, 2011 - GE (NYSE:GE) today announced that it has joined Virgin Australia and a consortium of other partners to research and develop commercial biofuel for the aviation industry. The consortium will focus on pyrolytic conversion of biomass from mallee eucalypt trees and intend to have a pilot biofuel production unit operating in Australia by 2012.
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GE announced strong second-quarter 2011 operating earnings from continuing operations of $3.7 billion, up 18%, or $0.34 per share, up 17%, from the second quarter of 2010.
Please click here to read the rest of the press release, in English.
Corporate Communications
[email protected]
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MELBOURNE (Friday 1 July 2011): Better Place, GE and Renault Australia today joined together at the Australian International Motor Show (AIMS) with a series of announcements that demonstrate a strategic move to make electric cars a mass market reality for all Australians and help address the nation's sustainable transport challenge.
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Sydney, Australia: 27 June 2011 - GE today made a strategic move to make electric vehicles (EVs) in Australia a real choice for all Australians and help address the nation's sustainable transport challenge.
The company has joined EV Engineering Limited (EVE), the consortium of transport services and automotive manufacturing companies working to design and engineer seven 'proof-of-concept' fully-electric, switchable-battery versions of Australia's number one selling passenger vehicle, the Holden Commodore.
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Sydney, Australia - June 23, 2011 -- The Commonwealth of Australia has selected the U.S. Navy's MH-60R Seahawk helicopter powered by GE's T700-401C engines (1,800 shaft-horsepower class) to fulfill the Australian Defence Force's requirement for 24 new generation multi-role naval aircraft.
Value of the deal, including engines, spares and the Total Logistics Support package, is approximately US$100 million. Engine deliveries are expected to start in 2013, with initial helicopter deliveries scheduled for 2014.
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GE adds 22 new products & solutions, bringing total ecomagination portfolio to 110
Ecomagination revenues hit $18 billion for year
Sydney -- Australia, 21 June 2011---GE today released its ecomagination annual report showing it invested about $1.8 billion in 2010 on research and development of clean technologies, which puts it on course to meet its goal of $10 billion cumulative investment between 2010 and 2015.
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Campaign represents increased focus on local market
Sydney -- Australia, 20 June 2011: GE today announced the launch of its first ever national advertising campaign in Australia, "Two Letters". The multi-million dollar national campaign signals a significant shift in GE‟s global strategy and an increased focus on the Australian market, with particular emphasis on healthcare and sustainability.
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Sydney, Australia: GE Capital Australia and New Zealand has today signed an agreement to sell approximately $5 billion dollars in mortgages to Pepper Homeloans, in a sale that marks the final phase of its withdrawal from its home lending business in Australia and New Zealand.
"This transaction aligns with GE Capital's strategy to become Australia and New Zealand's leading specialist financial services provider," said Skander Malcolm, President and CEO, GE Capital Australia & New Zealand.