Fortscue Future Industries announces new US-based CTO
Fortescue Metals Group’s green energy division has announced a new CTO, with US-based Stan Knez to begin in the role on February 1.
Cybersecurity – Identity and Access Management: An introduction to our new series
@AuManufacturing launches its first editorial series of 2022. Brent Balinski introduces Cybersecurity – Identity and Access Management.
Cybersecurity – Identity and Access Management: Protecting the digital identities of a diverse workforce
On day one of @AuManufacturing’s new Cybersecurity – Identity and Access Management series, Rana Gupta discusses how a zero trust mindset can help protect your trade secrets and critical data.
Energy transition investment passes one trillion
Investment in a transition in the energy market to low-carbon alternatives has passed $1,000 billion for the first time, according to new figures from BloombergNEF. Their Energy Transition Investment Trends 2022 report found that global investment in renewable energy, energy storage, electrified transport, electrified heat, nuclear, hydrogen and sustainable materials hit $1.1 trillion (US$755 billion)…
Manufacturing news briefs – stories you might have missed
AnteoTech asked for further information for Covid-19 test application Surface chemical company AnteoTech has been asked by Australia’s Therapeutic Goods Administration to supply further information on its EuGeni test reader and SARS CoV-2 Rapid Diagnostic Test (RDT). The company is one of three Australian manufacturers of RDT tests awaiting approval to sell their tests locally.…
SPC emerges with $111 million to fund manufacturing growth
Diverse food producer SPC Global has completed a capitalisation program which resulted in the injection of $111 million earmarked for its next phase of growth. The capital is a combination of equity investments by The Australian Meat Industry Superannuation Trust (AMIST), the family office of Khalil (‘Charlie’) Shahin AO, and the sale and leaseback of…
Eight university-based innovation hubs shortlisted for $242.7 m research commercialisation program
Eight universities have been shortlisted for support through the federal government’s Trailblazer program, which will create four public-private innovation hubs and aims to improve the nation’s research commercialisation performance.
Carbon Revolution’s road wheel sales recover
Sales of one piece carbon fibre road wheels by Geelong manufacturer Carbon Revolution are recovering strongly from their Covid-19 supply chain related slump. The company reported today wheel sales in the second quarter FY22 of 4,397, up 109.4 per cent on the first quarter. Quarterly revenue was $11.4 million, an 82.6 per cent jump from…
ResMed continues product and service growth
Sleep apnoea equipment developer ResMed has reported continuing growth in sales as equipment sales grow and software as a service (SAAS) offerings gain traction. CEO Mick Farrell said second quarter 2022 revenues grew 12 per cent to $1.27 billion, or 13 per cent in constant currency terms. Farrell said: “Our second quarter results reflect continued…
H2X Global chooses India for component production
Hydrogen vehicle developer H2X Global and Indian company Advik Hi-Tech today announced a joint venture for the production of products and components for India and for the global market. The vehicles and components have been designed and developed by the H2X Global design team and production is scheduled to start immediately to cater for the…