Menu
A further achievement for Australian innovation, Flame Security International has been recognised as a finalist in the 2024 Australian Financial Review (AFR) Most Innovative Companies Award for its FIRECOAT range. Further demonstrating its position as a trailblazer in fire-resistant technology, the accolade recognises exceptional innovation and positive industry impact.
At the heart of this success story is FIRECOAT, the company's flagship product range developed to protect people, structures and the environment, in collaboration with the University of New South Wales.
This groundbreaking fire-resistant coating has achieved a world-first BAL-40 bushfire rating, setting a new standard in fire protection.
The journey to being acknowledged as one of the most innovative companies was no small feat. The Aussie start-up had to compete with a pool of over 1,000 Australian businesses, including heavy hitters from the ASX 500 and formidable mid-tier companies.
Its recognition in the Property, Construction & Transport category underscores the significant impact of their innovation on these vital sectors.
Managing Director and Co-Founder Justin Rooney acknowledged the strength of the finalists being recognised as a testament to the state of Australian innovation in today’s accelerating technology environment. This recognition comes at a pivotal moment for the company, which has recently launched in the US market and is already in talks with industry giants like Disney and NASA.
What sets this start-up apart is its unique blend of cutting-edge technology and a strong commitment to sustainability. FIRECOAT not only enhances safety in the built environment but also addresses the growing global risks associated with fire.
This dual focus on innovation and environmental responsibility positions the company at the forefront of tackling climate-related challenges.
The company's success is highlighted by its strategic collaborations with leading academic institutions and its ever-improving business model. Partnerships with the University of New South Wales, Deakin University, the University of Melbourne and the University of California, Berkeley have provided the company access to world-class research facilities and intellectual capital, driving advancements in material science.
“After years in development, the research team has managed to finalise a first-of-its-kind paint technology comprising of supercharged non-toxic intumescent materials for improved formation of a very dense and thick layer of carbonaceous char, and an advanced polymer technology to promote the adherence on surfaces at elevated temperatures. Rigorous testings have revealed the applicability of the paint to resist high intense heat and help to insulate and protect the underlying material that may be experienced during bushfire condition. This new paint technology can be brushed or sprayed as an undercoat onto a variety of surfaces – including existing render, timber, aluminium, steel, concrete, plasterboard, and brick – in the same way as normal paint. The paint can then be covered with any standard coloured topcoat without affecting the fire-retardant properties.” Professor Yeoh, UNSW
As climate-related challenges continue to escalate, the role of innovative fire-resistant technologies becomes increasingly crucial.
The Aussie start-up's success story not only celebrates current achievements but also highlights the potential for continued innovation in creating resilient and safe built environments worldwide.
Being a finalist in the AFR Most Innovative Companies Award is a testament to Australian ingenuity and a clear signal that homegrown innovations can make a global impact.
