Australian manufacturing has grown or remained stable for 32 months straight: PMI
Australian manufacturing continued to grow in April, with the Australian Industry Group Performance of Manufacturing Index result improving 3.8 points to 54.8.
Eden Innovations reports sales growth
Carbon nanotube concrete additive developer, Eden Innovations (ASX: EDE) appears to have made a breakthrough in commercialising its unique technologies, reporting its first significant sales. The company, which developed EdenCrete, a carbon nanotube enriched admixture for concrete, reported sales of $416,000 for the quarter to the end of march, compared to only $19,000 in the…
Skyborne Technologies raises cash to fund UAV development
Brisbane UAV maker Skyborne Technologies has raised $5 million (US$2.45) to further commercialisation of its Cerberus GL micro tactical UAV. Cerberus is designed as the world’s lightest armed UAV, weighing only six kilogrammes, with the company targeting the defence and law enforcement market. The capital raised was from a private institutional investor based in Abu…
EV charger company Tritium opens new Brisbane centre to keep up with global demand
Fast charger company Tritium has opened a new R&D centre at its Brisbane headquarters to continue the company’s expansion.
2019 Victorian Manufacturing Hall of Fame Awards finalists announced
Finalists have been announced for this year’s Victorian Manufacturing Hall of Fame Awards, with the winners to be announced on May 14.
All custom kitchen manufacturers should consider automatic spraying technologies
I’ve been working on a range of automation and robotics projects to help SMEs maximise productivity and gain efficiencies using technology.
Coalition promises to build three surprise new ships
The Coalition has surprised the defence world by committing to spend $1 billion building three new ships at the Civmec yard at Henderson, south of Perth. The announcement by Prime Minister Scott Morrison and defence industry minister Linda Reynolds covers two new mine hunter support vessels and a hydrographic ship. The announcement appeared on the…
Orica write down of $191 million on breakdown, IT
Melbourne chemicals and explosives group Orica (ASX: ORI) has revealed $191 million in write downs stemming from IT changes and the major breakdown of equipment. The biggest, to be confirmed in its 2019 first half results on 9 May, is a non-cash impact of approximately $155 million from equipment failures at its Burrup technical ammonium…
Reece Pharmaceuticals scales up manufacturing
Synthetic antibiotic developer Recce Pharmaceuticals Ltd (ASX: RCE) has scaled up its Sydney production facility to support its commercialisation activities. The company, which has patented a new class of antibiotics to tackle resistant superbugs, has increased capacity at Macquarie Park in Sydney fivefold to cope with increasing demand. The Company has developed an automated process…
Five reasons cobots are a game changer for Australian SMEs
A cobot or collaborative robot is a robot intended to work alongside humans in a shared workspace, and they can deliver real process improvements without the hefty price tag or complex operating requirements that SMEs might expect.