Advanced carbon fibre composite road wheel manufacturer, Carbon Revolution is eyeing off new export contracts as it clocks up rapid growth. FY20 was a year of progress for the Geelong company as it ramped up production to an annualised rate of 30,000, improved processes and shrugged off the effects of the Covid-19 pandemic. Turnover in…
The Western Australian government has offered matched funding of up to $500,000 for SMEs wanting to manufacture PPE, in one of three rounds announced on Thursday under its Local Capability Fund program.
The University of NSW will offer a world-first bachelor degree in quantum engineering, citing the need to grow local skills in an industry predicted to be worth as much as $4 billion in Australia within two decades.
Analysis by Peter Roberts The dream of a sophisticated processing and final products industry based on the key battery metal, lithium, is finally taking shape with a major player Perth’s Lithium Australia group. Uniquely, the company is not only developing a number of lithium mineral deposits here and in Europe, but is pursuing a vision…
Drone detection and countermeasures company DroneShield experienced its first break even quarter in the final three months of FY2020 as it continues to penetrate civilian aviation and defence markets. Cash inflows were $2.1 million for the quarter leaving the company with an cash position improved cash by $500,000,a significant improvement on the $1.2 million net…
SciDev wins US fracking customer Solids-liquid separation chemicals and technology company SciDev has won a new customer for its its chemicals for the Texas oil and gas sector. The company’s US subsidiary Highland Fluid technology has partnered with technology business Floktek Industries to service an order from the customer which operates 1,600 wells in the…