XTEK sets sights on space
A new advanced manufacturing centre in South Australia will allow ballistics company XTEK to expand in to new markets, including the US, and new industries such as space.
Victoria and SA to inject hydrogen into gas networks
Gas technology group Australian Gas Networks has been awarded $1.3 million from the Australian Renewable Energy Agency to study the feasibility of injecting renewable hydrogen into domestic gas supplies in Victoria and South Australia. With state government support the company will spend a total of $4.15 million studying the feasibility of injecting up to 10…
Boral profit confirms slowing economy
Financial results from building giant, Boral point to an Australian economy that was already slowing rapidly last year only to be further hit by bushfires, extreme weather and major project delays. The company’s earnings before interest, tax and amortisation was down 18 per cent in the first half of the financial year on revenue up…
Melbourne company’s antiviral spray could offer protection against COVID-19
Australian medtech company Firebrick Pharma has said its disinfectant nasal spray, which is currently in clinical trials for treating respiratory viruses, could be a weapon against the COVID-19 coronavirus.