Winning scaleup businesses named at Australian Technologies Competition 2021

Winners at the 11th annual Australian Technologies Competition were named on Tuesday evening at a virtual event hosted in Melbourne. The 11 category winners were selected after a two-day competition (see below list) with the final stage a pitching contest.  Textile recycling company BlockTexx (which made the final cut in the Advanced Manufacturing and Circular…

EOS receives contract payments, cuts profit outlook

Defence, space and telecommunications manufacturer Electro Optic Systems has clawed back most of the customer payments for its biggest defence contract delayed due to Covid-19, but nonetheless been forced to slash profit outlook for the current financial year. The Canberra company cut guidance for underlying operating profit (EBIT) for FY22, excluding costs associated with its…

Recycled plastic tram stop project awarded $300,000 Victorian government grant

A project to create modular tram stops out of recycled plastic involving Monash University, Advanced Circular Polymers, Integrated Recycling and Yarra Trams has been awarded a $300,000 grant from Sustainability Victoria. According to a statement from Monash — which is a long-time collaborator with Integrated Recycling on Duratrack railway sleepers, which incorporate recycled plastic —…

Manufacturing news briefs – stories you might have missed

Universal Biosensors executes US distribution deal Electrochemical test developer Universal Biosensors has signed another distribution deal in the United States for the company’s Sentia wine testing platform device. Vinmetrica (USA) will be non-exclusive distributor for a three year term for Sentia, which tests wine for sulphur dioxide, glucose, malic acid and other components of wine.…