XTEK and Skykraft to develop spacecraft components and systems

Canberra and Adelaide defence equipment supplier XTEK (ASX: XTEK) has entered into an agreement with Skykraft Pty Ltd to jointly engineer and manufacture components and small spacecraft and space launcher systems. XTEK, manufactures Unmanned Aerial Systems (UAS), tactical weapons such as sniper rifles, protection equipment, and explosive ordinance disposal (EOD) robots, while Skykraft is a…

Alkane invests in technology to process zirconia and rare earths

Minerals technology company, Alkane Resources (ASX: ALK) has signed an agreement with a South Korean firm to develop new methods for refining zirconium and rare earths using an electrolytic process. Alkane, through its subsidiary, Australian Strategic Metals will invest $1.8 million in a pilot plant being developed by Korea’s Zirconium Technology Corporation. The plant will…