Queensland’s ARM Hub is leading a partnership focused on developing a plan to assist the sorting of waste textiles using artificial intelligent systems and robotic equipment. Textile waste is a major cause of landfill in Australia with up to 679,000 tons of waste released each year . With accumulating waste, and a keen focus on…
Raytheon Australia has launched the DDG Australian Industry Panel to drive its Capability Life Cycle Management solution for the Royal Australian Navy’s guided missile destroyers (DDGs). The new panel is an established network of sovereign defence industry capability, comprising 350 naval systems professionals and 21 industry partners, selected for their in-depth knowledge of DDGs and…
Comment by Peter Roberts This budget was always going to be about saving the federal government’s bacon in an election it looks likely to lose, and Treasurer Josh Frydenberg did not disappoint with cash giveaways to all and sundry with little regard to managing the economy and the budget. For consumers there was a six-month…
Nissan Casting Australia is making a $15.5 million investment in its Dandenong South aluminium casting facility, which exports vehicle components around the world, assisted by an unspecified amount of support from the Victorian government.
Mining and green energy magnate Andrew Forrest today snapped up five per cent of Perth international shipbuilder Austal. The company told investors that Forrest’s Tattarang Ventures had bought 17,731,049 shares in the company in a cash-settled equity swap transaction – the equivalent of 4.9 per cent of the company. The company has also been buying…
Hypersonix Launch Systems has provided further details about a project that was recently awarded a $2.95 million Cooperative Research Centres Projects grant, and which is scheduled to begin in July.
Space, defence and communications manufacturer Electro Optic Systems is a step closer to launching its ambitious SpaceLink global satellite network following export finance backing from the federal government. Export Finance Australia will provide conditional finance for up to US$80 million of debt funding for the initial satellite communications constellation to be launched by EOS subsidiary…
Drug delivery company Avecho has announced positive results from its Phase 2a studying its topical cannabinoid gel for the management of pain associated with osteoarthritis of the hand. The study dosed patients over a four-week period, with the study demonstrating statistically significant daily improvements in hand pain, hand functionality, grip strength, finger stiffness and anxiety.…
Australian Research Council Linkage grants have been announced, totalling $32 million over six years, with 12 of the supported projects categorised as “advanced manufacturing”.
Quantum technology, which makes use of the surprising and often counterintuitive properties of the subatomic universe, is revolutionising the way information is gathered, stored, shared and analysed.
