South Australian technology company Codan Limited has announced a record half-year profit of $30.4 million on the back of booming sales of its hi-tech metal detecting and communications equipment.
Additive manufacturing technology company Titomic has partnered with French defence giant Thales to manufacture lighter and stronger titanium equipment for soldiers. Under the agreement Titomic will use its Titomic Kinetic Fusion (TKF) manufacturing process to develop ways for Thales to produce soldier weapons systems for the Australian and UK defence forces. The TKF process is…
The state government has announced a NSW Space Industry Development Strategy and $5 million in support for a new space industry hub, which it hopes will lure in startups operating within the fast-growing space sector.
Recently listed carbon fibre composite wheel manufacturer Carbon Revolution is aiming to be EBITDA positive in the last quarter of the financial year as it continues to ramp up production. In its first report as a public company Carbon Revolution reaffirmed its aim of total revenue for the year of $62 million and production of…
Perth shipbuilder Austal has come of age as the leading builder globally of large high-speed vessels with stellar results in the first half of the year. The company reported an EBIT jump of 48 per cent to $59.9 million for the half on turnover up 22 per cent to $1.039 billion, a record for the…
Blood testing technology developed by South Australian medical researchers is poised to transform the nutrition industry.
Entrepreneurial Adelaide company Eyre to There Aviation is planning to be Australia’s first manufacturer of electric aircraft after signing an agreement with a European designer.
Uncertainties in the recycling sector did not prevent waste management group Cleanaway increasing revenue and profits during the year. The company reported EBITDA up 2.5 per cent in the first half to $234.6 million on sales up 4.1 per cent to $$1.19 billion. The company’s $671 acquisition of Toxfree Solutions and subsequent integration into the…
