DroneShield shares jump on sales boost

Shares in Australian-Israeli anti-drone security company, DroneShield (ASX: DRO) leapt 22 per cent this week on more positive sales news. The company reported increased cash inflows for the June quarter, continuing positive cash flows from its drone detection and counter-measure product portfolio. Record cash inflows of $1.1 million were recorded, reducing net cash burn to…

Australia should reserve not import gas to lower prices, argues report

A report by the Institute for Energy Economics and Financial Analysis release this week argues that Australian gas producers are behaving like a cartel, and that a domestic gas reservation should be implemented to fix prices at $5 per gigajoule. The philanthropically-funded international organisation argues that gas prices – which are tied to electricity prices…

Teamwork leads to thermal signature defence solution

By Jessica Mascione A partnership between three Australian advanced manufacturing SMEs is helping deliver training targets equipped with controlled thermal signatures to the Australian Defence Force. A world-first in commercial viability and agility, and a new capability for the Australian Government, the product enables army personnel to successfully engage practice targets using remote SMArt155 Precision…