The federal government has awarded a $3.3 million contract to a Brisbane robotics and AI company to develop an unmanned combat vehicle. Announcing the grant to Cyborg Dynamics the minister for defence industry Melissa Price said the weapon would be ‘the likes of which has never been made in Australia’. Cyborg Dynamics’ innovation will integrate…
Leading prestige winemaker Treasury Wine Estates has all but moved on from the disruptions caused to its businesses by Covid-19 and punitive Chinese trade attacks against Australia. At the company’s annual general meeting this morning chairman Paul Rayner and CEO Tim Ford paid more attention to progress achieved in their new strategy of premiumisation of…
The Cooperative Research Centres Association will host its Collaborate Innovate 2021 Conference at Parliament House, Canberra next week, examining collaborative innovation and the impact of “covid, climate change, digital transformation and geo-economic volatility.”
Large-scale additive manufacturing business Titomic has raised $9 million and intends to raise a further $2 million, using the funding to support commercialisation via joint ventures, investing in offshore sales and facilities, and working capital.
BHP is planning to enter into renewable energy supply arrangements to enable the giant Olympic Dam copper, gold and uranium mine in South Australia to reduce its greenhouse gas emissions to zero for 50 per cent of its electricity consumption by 2025. Energy will be supplied by clean energy supplier Iberdrola Australia, including from the…
A new partnership between mining equipment manufacturer Austin Engineering and a Mexican manufacturer is set to strengthen the company’s market position in the United States and central and northern South American markets. The partnership, part of a new ‘hub-and-spoke’ market strategy adopted by Austin after a strategic review, will see Mexico’s Melter manufacture Austin heavy-haul…
