Schneider Electric completes acquisition of Australian IoT company

French multinational Schneider Electric has announced the completed acquisition of Aurtra, a University of Queensland spinout specialising in power asset management solutions. The acquisition was announced last year, with Aurtra’s HealthSense – a multi-function sensor solution – now part of Schneider Electric’s services offer portfolio. Aurtra was founded in 2016, following a decade of industry/university…

How to reindustrialise Australia – by Lance Worrall

In March @AuManufacturing analysed the failings of Australian industry policy and its outcome – our fragile and narrowly based commodity economy. Here Lance Worrall looks forward to the elements of the reindustrialisation policy we need to reverse Australia’s economic decline. We need a strategy for reindustrialisation. Without it Australia is the loser. We need a…

Offshore wind will come to Australian waters – as long as we pave the way for this new industry

By Llewelyn Hughes, Crawford School of Public Policy, Australian National University and Thomas Longden, Australian National University Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious targets for…

Labor pledges funds for ‘factory of the future’

Labor should it be elected at the upcoming South Australian state election has pledged $4 million to bring together up to 100 South Australian companies with university students and researchers to develop new manufacturing processes and products. Labor plans a Manufacturing Growth Accelerator program (MGA) at Flinders University’s Factory of the Future facility which will…