Leidos Australia and Terra15 to develop surveillance sensors

US defence technology company Leidos Australia and Perth’s Terra15 will together develop an easily deployable underwater sensor that will strengthen Australia’s maritime security. The partners and the University of Melbourne’s School of Engineering have received a $1.6 million Defence Innovation Hub contract to develop the technology. Announcing the grant defence industry minister Melissa Price said…

AML3D and Deakin to develop 3D print alloys

Wire additive manufacturing (WAM) technology group AML3D and Deakin University are to jointly develop optimised technology for high strength alloys, such as wire feedstock for 3D printing and welding markets. Following earlier success in a welding wire composition project with support from IMCRC, the company and Deakin’s Institute for Frontier Materials (IFM) will focus on…

Orbital to upgrade Textron Systems drone engines

Unmanned Aerial Vehicle engine manufacturer Orbital UAV is to upgrade the engines on United States-based Textron Systems’ existing fleet of tactical UAV’s which include the Shadow, Aerosonde and Aerosonde HQ drones. The contract will see the development of upgrades of the UAV engines of the Aerosonde program, targeting increased take-off power and improved real-timed engine…

Lark Distilling to spend $40m expanding whisky production

Tasmania’s Lark Distilling Co. is to buy Pontville Distillery and Estate for $40 million, construct a new 1 million litre distillery and accelerate its single malt whisky export operations. The company is raising $53 million through a fully underwritten share placement of $46.5 million and a further non-underwritten conditional placement of $6.4 million. It will…