The CTO of COLETEK (Luke Cole) originally worked for Hemisphere GPS as a "Robotics Engineer" implementing auto-guidance solutions for agriculture tractors and quadbikes. Luke Cole also worked at Location Aware Technologies (433) developing indoor tracking devices. And also worked for leading research institutes such as NICTA, CSIRO and ANU Robotics System Lab (lead by Alex Zelinsky).
Lance Cole has also worked at NICTA and has a background of various hardware development, such as working for a contract company to the US millary (EOS), building the Common Remotely Operated Weapon Station (CROWS).
While largely a residential area, industries in Bundamba include light manufacturing, meatworks, Redbank Railway workshops and Springfield development.
Bundamba includes the Ipswich eastern suburbs of Bundamba, Ebbw Vale, Dinmore, Riverview, Redbank, Collingwood Park, Springfield, Springfield, Lakes, Blackstone, Redbank Plains, Goodna, Bergins Hill, New Chum, Bellbird Park and Gailes (west of Old Logan Road).