Australia and New Zealand manufacturer Halo Food is seeking new capital and plans an acquisition according to media reports. afr.com.au reported that a term sheet sent to investors stated that existing shareholder Bergen Special Opportunity Fund LP was to quit its holding in the company which planned a $3 million share placement and a $3…
Perth unmanned aerial vehicle engine manufacturer Orbital UAV has been hit by the cancellation of a new UAV engine it was developing for Boeing subsidiary Insitu. The company said today it had received confirmation from Insitu of the termination of its third engine program under its long term supply agreement with Insitu. Production volumes for…
European launch service provider Rocket Factory Augsburg AG (RFA) has partnered with Adelaide rocket launch facility operator Southern Launch to launch the company’s RFA ONE rocket from the Whalers Way Orbital Launch Complex in South Australia. This thirty-metre three-stage small rocket can deliver up to 1,350 kg to a 300-km polar orbit. The RFA ONE…
By Joseph Brookes The productivity gap between the most innovative companies in the world and Australian firms is growing, according to new analysis by economists at the federal Treasury, who found local companies are now slower to catch up to the “global frontier” than they were in the mid-2000s. The findings from a technical paper…
The imminent South Australian state election has flushed out another government-backed project with the announcement of a $400 million Entrepreneur and Innovation Centre (EIC) for the Lot Fourteen precinct on North Terrace, Adelaide. The EIC ‘will set the global pace for multidisciplinary innovation, collaboration and entrepreneurship and is specifically designed to suit the secure environment…
Adbri extends supply agreement with Oz Minerals Construction and industrial materials group Adbri has signed an agreement to supply copper miner Oz Minerals with cementitious material for its Carrapateena mine in South Australia. The agreement is worth $10 million over three years. Adbri, formerly Adelaide Brighton Cement, will also supply aggregate and sand from its…
The revelation by @AuManufacturing news that the majority of the steel components for the Snowy 2.0 scheme will be built using imported steel shows that the federal government has no commitment to growing the Australian manufacturing industry, according to the Australian Manufacturing Workers’ Union NSW & ACT branch. The AMWU has long called for local…
The Deakin University’s Waurn Ponds campus-based startup hub, Manufutures, launched a new program for regional startups and entrepreneurs this week.
First Graphene has secured a UK patent protecting its process to coat silicon with graphene, which it believes will be an advantage in the fast-growing market for silicon battery anodes.
For the last two weeks, our Cybersecurity – Identity and Access Management series has looked at cybersecurity threats to manufacturers, why they should take them seriously, and how they can thwart them. For the final entry, we will hear from a manufacturer responsible for other people’s security and access management, and the ways it goes about keeping very sensitive, very personal data safe.
