MRead Featured in Forbes Australia — Issue 19, November 2025

Being recognised by Forbes Australia is a significant milestone for MRead. It reflects not just the progress the company has made in developing its MR sensor technology, but the growing awareness in the broader business community that deep technology built for humanitarian impact can also represent a genuinely compelling commercial opportunity.

The feature spotlights the team behind the technology, including Dr Nick Cutmore FTSE, MRead's Chief Technology Officer, whose decades of work developing magnetic resonance sensing technology at CSIRO laid the scientific foundation for what MRead is building today. Also featured are Rob Adamson, MRead's Chair from RFC Ambrian, who brings the commercial and strategic experience to translate that technology into a scalable business, and Chris Beal, CEO of NextOre and a key figure in the broader MagnaTerra Technologies group, whose experience commercialising MR technology in the minerals sector provides a proven blueprint for what MRead is working to achieve in demining and defence.

Why It Matters

MRead is developing a handheld magnetic resonance sensor capable of directly detecting explosive compounds at the molecular level, a fundamental advance on the metal detectors and ground-penetrating radar that humanitarian deminers currently rely on. With more than 60 countries contaminated by landmines and explosive remnants of war, and 80% of casualties being women and children, the case for better detection technology has never been more urgent.

Reaching a Forbes Australia audience means that story, and the technology behind it, is now being heard beyond the mine action community. It matters for awareness. It matters for investment. And it matters for the long-term sustainability of a company that is working toward a genuine and measurable reduction in human suffering.

A Year of Momentum

The Forbes feature comes at a pivotal moment for MRead. With an intensive trials programme underway across Australia, Angola, and Ukraine in the second half of 2026 and manufacturing of the first commercial sensors targeted for early 2027 — the company is transitioning from development to deployment. The timing of this recognition reflects a company that is not only building something important, but building it at pace.

Forbes Australia, Issue 19 — available now.

For media enquiries, contact MRead at info@mread.com.au

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