The keel has been laid for the first of ten Offshore Patrol Vessels (OPV) to be built by Civmec at Henderson in Western Australia. The first two vessels, based on the Lürssen PV80 design, are under construction at the Osborne Naval Shipyard in South Australia, with a further 10 ships to be built at Henderson.…
Company incubator Space Tank has won the prestigious Museum of Applied Arts and Sciences (MAAS) Good Design Award for its Rapid Shield face shield personal protection equipment (PPE). Part of North Melbourne’s Assistive Technology Cluster of firms created by Steve Zanon, founder of Proactive Ageing, Space Tank fast tracked the design and production of the…
Port Melbourne-based 3DMeditech has earned a $3.7 million contract for nasopharyngeal swab kits, which will be delivered to the National Medical Stockpile up to March next year and be used to test for Covid-19.
Premium South Australian wine business Rolf Binder is on the market for the first time in its 65 year history.
Rare earths producer Lynas Corporation has successfully raised $425 million in fresh equity from investors. The company, the only major supplier outside China of rare earths used in high technology products, raised $114 million in an entitlement offer with existing shareholders. Fourty four per cent of shareholders agreed to subscribe new equity. Together with funds…
Drone countermeasure manufacturer DroneShield has announced deals with the US Military and the forces of a South East Asian nation within the space of 24 hours. The company has received US Department of Defence funding to further develop its DroneShieldComplete command and control system. And today it revealed it had received an order for a…
Australia and Germany have signed a declaration of intent on a feasibility study “into the potential for closer collaboration and the future development of a hydrogen supply chain”.
Explosives group Orica’s in-line ore fragmentation measurement technology, FRAGTrack has won a Good Design award in engineering for outstanding design and innovation. FRAGTrack automatically and accurately measures rock size and fragmentation following the blasting stage in mining and quarrying. Optimal fragmentation can greatly reduce energy consumption, improve equipment productivity, and increase production rates in minesites,…
