NSW Physical Sciences Fund

PFS funding recipients 2024

The Physical Sciences Fund (PSF) is a competitive development and commercialisation program for technological innovations in NSW.

NSW has great strengths in research across a wide range of scientific fields. The PSF aims to build on these strengths by supporting the translation of research into devices and systems ready for commercialisation, and deliver significant social, economic and environmental benefits to NSW.

The PSF provides financial support for the development of new and innovative devices and systems within NSW, across the branches of the physical sciences and engineering, including physics, chemistry, astronomy and the earth sciences.

2024 Physical Sciences Fund

The PSF is a highly competitive process with 80 submissions to the 2024 funding round. The successful funding recipients were announced last night and the amazing projects are listed below.

AI-Driven Fire Prediction and Detection System

“Envision sensors are the first to combine radio sensing and AI to quickly predict and detect fires and other hazards. They can reliably and accurately pinpoint the location of a hazard within seconds.”

Aruna Seneviratne, CEO

Photoluminescence Imaging from Aerial Drones

“Lab 360 Solar’s core technology, drone-based photoluminescence imaging, offers unparalleled insights into quality variations across solar modules in large-scale power plants. As the demand for long-lasting, reliable solar panels grows, our technology will play an important role in the global shift from fossil fuels to renewable energy systems.”


Thorsten Trupke, CEO

Shark-skin Drag-reducing Aviation Adhesive Film

“Aviation has a burning fuel problem – the global aviation industry spends hundreds of billions on fuel and emits a billion tonnes of CO2 annually, and this is only set to increase. With clean aviation technologies decades away, our product provides a real path to saving aviation megatonnes of CO2 billions of dollars in fuel by the end of the decade.”

Henry Bilinsky, CEO

Next-Gen Chip Fabrication: High Speed Additive Manufacturing of Advanced Packaging

“Syenta is building the next generation of semiconductor chip manufacturing tools. With our stamp-based deposition technology, we can fabricate the critical chip components needed for AI and quantum computing faster and cheaper.”


Ben Wilkinson, CTO