The Queensland government diverted up to a third of its industry attraction program to support existing local manufacturers to pivot to COVID-19 supplies, including ventilators, masks and testing kits in the state.
The Victorian government today announced a new $20 million scheme offering companies up to $500,000 to support manufacturing innovation and capability development. The new Business Competitiveness Program is a plank in the government’s $60 million Manufacturing and Industry Development Fund, launched today by Minister for Industry Support and Recovery Martin Pakula (pictured). The program will…
Additive technology company Amaero International is to supply production and sample products to Nissan Casting and Raytheon Intelligence and Space to be produced on its own 3D printing machines. In a quarterly update Amaero said it had received an order for production dies from Nissan for a 3D tool steel insert for die-casting automotive components.…
With so much money on the table and other nations recently doubling down on climate commitments, let’s look at the good and bad bits of this landmark deal in more detail.
It’s apparently a boom time for space businesses in Australia. However, there are pieces of sovereign capability that are sorely missing, as David Doral explains in this part of our Fibres and composites transforming industry series.
Wound care technology developer Next Science will begin commercial sales immediately of its XPerience No Rinse Antimicrobial Solution after it received US Food and Drug Administration approval to market the product. The company’s shares soared 14.5 per cent yesterday on the news to $1.62, with the Sydney company claiming a US$15 billion market potential. Next…
The CSIRO-founded “venture science” firm Main Sequence Ventures has announced a successful raise for “Fund II” which will continue a focus on companies solving “the world’s biggest problems” but with an increased focus on decarbonisation technologies.
The Covid-19 pandemic has accelerated many Australian manufacturers’ plans to digitise, writes Greg O’Loan. Here he discusses where our predominantly SME manufacturers should focus. Last month, we saw significant cybersecurity breaches across both the Australian Government and Channel 9. But manufacturers are also at risk, in fact globally the number of publicly recorded ransomware attacks…
The stock market goes through cycles rather like fashion with cannabis and lithium stocks snatching the limelight in recent times. Now hydrogen floats and capital raisings are all the rage with two company announcements since the long weekend. Infinite Blue Energy has raised $10 million through a pre-IPO offering to investors to accelerate its development…
