New ASX index launches without manufacturers
A new Australian Stock Exchange index goes live today representing an all inclusive view of Australia’s technology companies – yet it fails to include any manufacturers.
A new Australian Stock Exchange index goes live today representing an all inclusive view of Australia’s technology companies – yet it fails to include any manufacturers.
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.
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…
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…
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.
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…