Defence, space and communications manufacturer Electro Optic Systems has come to an agreement with major shareholder Washington H. Soul Pattinson that secure its immediate financial future. The Canberra company, whose share price has plunged as it faces a massive need for capital, confirmed a previously announced one-year, $20 million working capital facility from the diversified…
A new multi-functional material which can be used to purify water, as a recyclable construction material, and as a lightweight machine component can also be moved remotely by a magnet. The new material that has been created and tested in the Chalker Research Lab at Flinders University, is made from magnetic iron particles and a…
Regenerative tissue implants company Osteopore has had its products included included into the Therapeutic Goods Administration’s Protheses List next month, making them more accessible to Australian patients. Osteopore’s regenerative implants empower natural tissue regeneration, using 3D-printed bioresorbable silicone implants which create a scaffold which guides a damaged or broken bone to regrow naturally. All of…
In the final day of @AuManufacturing’s special editorial series, Land Forces 2022, we look at contract manufacturing firm GPC Electronics. Brent Balinski speaks to Managing Director Christopher Janssen. Defence makes up about 10 to 15 per cent of turnover at GPC Electronics, the Western Sydney contract electronics manufacturer run by Christopher Janssen. He describes it…
The Advanced Manufacturing Growth Centre (AMGC) has released its Project Reports 2022, giving an overview of the 141 manufacturing projects the group has supported, which are expected to generate a total of $1.62 billion in revenues and 430 new jobs. According to an analysis from AMGC, returns are from a combined industry and government co-funded…
The federal government has signed a new contract with Raytheon Australia, running five years and worth $322 million, for in-service support for the Collins class submarines’ combat system “during Australia’s transition to nuclear-powered submarines.” In an announcement on Wednesday, Deputy Secretary Naval Shipbuilding and Sustainment Tony Dalton said the work would include a life of…
By Peter Roberts The federal government is talking big in facing up to price gouging by gas producers, but is studiously avoiding tough action that would actually make a difference. Ministers have been facing the media talking up a Heads of Agreement that has brought in 157 petajoules of additional supply to the east coast…
Nova Systems marks 2,700 technical professionals receiving skills training Test and Evaluation (T&E) registered training organisation (RTO) Nova Systems announced on Tuesday that it had passed a milestone of more than 2,700 Australian technical professionals having made it through the company’s short training courses. According to the company, the milestone is “yet another example of…
@AuManufacturing’s special editorial series Land Forces 2022 looks today at what many see as the future of the battlefield – autonomous land and aerial vehicles. Peter Roberts reports on Australia’s surprising experience and expertise in autonomous vehicle control. From Ukraine to the Middle East, autonomous land and aerial systems have long played a role on…
Space life sciences company Human Aerospace has announced the launch of a collaborative research programme to develop ‘Spacesuits for Preserving Human Health and Mobility”. The two year project was successful in receiving grant funding from the Australian Space Agency’s International Space Investment: Expand Capability grant programme. The company has previously developed a Gravity Loading Countermeasure…
