Keith Milne runs Uncle Harry’s Vegan Grill, a company he decided to buy in 2018 at age 70. He tells Brent Balinski about why he did it, and the satisfaction he finds in running an enduring veggie burger business. “I was actually all ready to retire,” recalls Keith Milne. “I had a BT-50 and a…
Sydney quantum computing hardware manufacturer Silicon Quantum Computing (SQC) has closed a scaled back $50.4 million Series A capital raising to fund the manufacture of the world’s first scalable, error corrected quantum computer. The investors in the latest round are the Commonwealth Government and institutions including the Commonwealth Bank of Australia (CBA), Telstra and the…
Five years after its original launch, the recently-expanded ManuFutures hub at Deakin University’s Waurn Ponds campus has been officially opened. The $20 million “ManuFutures 2” was announced as completed in February this year, and is located behind the original ManuFutures building According to a statement from Deakin, 14 companies are now based at ManuFutures, with…
Precision engineering and CNC machining business Lovitt Technologies has been awarded a $1.5 million Joint Strike Fighter Industry Support Program – Production and Modernisation grant. Lovitt is the first recipient under the program, which provides up to 50 per cent of funding for projects developing “new or improved capabilities to secure work from the lucrative…
Additive manufacturing company AML3D has announced that it has been granted a European patent for the company’s Wire Additive Manufacturing (WAM) process. The European Patent Office patent is aligned with an Australian patent granted in June 2021, the company said in a statement on Tuesday morning, and “provides coverage over AML3D’s method and apparatus for…
By Louise Dorignon, RMIT University and Trivess Moore, RMIT University Huge sporting events come with substantial public investment in housing. After Melbourne hosted the 1956 Olympics, about 600 houses in the athlete village became public housing in West Heidelberg. After Melbourne hosted the 2006 Commonwealth Games, the athlete village in Parkville was largely sold off,…
Australian Strategic Materials (ASM) has quietly inserted itself into global supply chains for the rare earths critical to high technology products ranging from electric motors to touch screens and computer hard drives. The company is developing the Dubbo, NSEW rare earths project, in the meantime supplying its company owned Korean Metals Plant (KMP) metal refinery…
By Peter Roberts The Treasurer Jim Chalmers has opted for gradualist reform of the much criticised Productivity Commission, appointing a former Labor Party staffer to be the commission’s new chair. Chalmers appointed Chris Barrett (pictured) as the new Chair and said ‘to build a stronger economy, we need to build stronger economic institutions – and…
The local space sector was shocked when the federal government cancelled the National Space Mission for Earth Observation (NSMEO). However, industry understands the government’s pivot, and still has a critical role to play in lessening Australia’s dependency on foreign countries for our space services, writes Andrew Mannix. Space underpins our technologically advanced way of life.…
Aerospace composites manufacturer Quickstep moved back into the black in the fourth quarter FY23 as the company continued to recover from operational and supply chain issues that hit the global industry in FY22. The Sydney company told investors that it had experienced favourable outcomes in all three areas of its business leading to the positive…
