Guidelines for round 6 of the state government’s Made in Queensland grant program, which offers up to $2.5 million in matched funding for eligible projects, were released on Wednesday. The program continues to offer assistance to invest in equipment, though includes $2.5 million this round for non-equipment investments, said manufacturing minister Glenn Butcher at an event…
Robert Iervasi joins SPC Global board SPC Global has announced the appointment of Robert Iervasi to its board, describing Iervasi as “a well-known executive in the FMCG industry [who] brings a wealth of experience and expertise to the SPC Global team.” Iervasi was previously Group CEO at Asahi Beverages, and “played a pivotal role in…
Industry peak body the Australian Steel Institute (ASI) is calling for nominations for its Steel Sustainability Awards “to recognise exemplary achievements in sustainable design and use of steel”, with entries open until October 31. The inaugural awards are open to everyone in the steel supply chain, ASI said in a statement, and recognise projects or…
Fortescue has announced that it is a lead investor in a $US 380 million Series C funding round for US-based manufacturer Electric Hydrogen (EH2), and has committed to buy a gigawatt worth of the company’s electrolysers. EH2 was founded in late-2020 and according to its website will ship its first 100 megawatt unit next year.…
Animal-free dairy manufacturer Eden Brew has reached a targeted Series A capital raising goal of $25m during its Series A capital raise, led by Main Sequence Ventures and the Victorian government. Eden Brew, which describes itself as a leading innovator in the alternative protein and precision fermentation sector, will scale the process of brewing proteins…
Precision engineering manufacturer Australian Precision Technologies (APT) has received a contract from Kongsberg Defence Australia to manufacture components for the KONGSBERG Naval Strike Missile (NSM) Launchers to be delivered under Project SEA 1300. The NSM will replace the Harpoon Anti-Ship Missile currently on the Royal Australian Navy ANZAC class frigates and Hobart class air warfare…
The UK government has awarded £3.95 billion to BAE Systems to further design and engineer the UK’s and potentially Australia’s next-generation nuclear-powered attack submarine, SSN-AUKUS. With critical decisions being made on sourcing Michael Slattery looks at the difficulties faced by Australian industry to have a meaningful role in the programme. The latest AUKUS contract for…
Drilling equipment and services company Boart Longyear’s Globaltech Corporation offshoot has had optical device patents it holds upheld in an appeal to the Full Federal Court. The Perth company, part of Boart Longyear’s Veracio subsidiary, won an appeal brought by Reflex Instruments Asia Pacific regarding the enforcement of Globaltech’s Australian patent for an optical device…
