EOS bolsters capital base, concentrates on defence

Defence, communications and space manufacturer Electro Optic Systems has bolstered its capital position with a new raising from shareholders at the same time refocusing the business on its profitable defence businesses. The Canberra company, currently conducting a strategic review of its diverse and capital-hungry businesses, successfully raised $15 million in a placement with institutions and…

Mildura cannabis facility receives manufacturing licence

Medicinal cannabis grower and manufacturer Cann Group has been granted a manufacturing and GMP testing licence for its Mildura, Victoria production facility (main picture, and below) by the Therapeutic Goods Administration (TGA). The Mildura GMP Licence enables Cann to manufacture Active Pharmaceutical Ingredients (API), hard capsules, Satipharm capsules for human therapeutic use, and perform in-house…

Manufacturing news briefs – stories you might have missed

Thales shows off Bendigo armoured vehicle production Thales in Bendigo has welcomed 45 visitors from Defence’s Capability and Technology Management College (CTMC) to its Protected Vehicles manufacturing site in Bendigo (pictured, visiting the Bushmaster production line). “The aim of the visit is to expose CTMC students to some of the practical aspects of military vehicle…

China attacks Australian rare earth supplier on social media – report

China has utilised Twitter and Facebook accounts posing as Americans to undermine Australian rare earths company Lynas Rare Earths, according to a report in the Washington Post. The authoritative newspaper said China was utilising social media propaganda accounts that previously criticised Hong Kong protesters to attack a rare earths processing facility Lynas is constructing in…