By Peter Roberts As widely leaked to the media, an independent analysis of Australia’s defence outlook has recommended cancellation and downsizing of a number of Army acquisition programmes in favour of long range strike capabilities and the creation of a Navy equipped with a nuclear powered submarine fleet and the ability to deny the maritime…
Bluescope has upgraded its earnings guidance for the second half of this financial year, with the main contributor to this the recently-expanded North Star mill in Ohio, as well as the North American coated products and the local Australian Steel Products division. The steel company announced on Monday morning that guidance for earnings before interest,…
Today we present the eighth profile from our ongoing campaign to identify Australia’s 50 most innovative manufacturers. Brent Balinski speaks to Dario Valenza from Carbonix, who shares an approach applied at every place the company works to innovate. Adapting his expertise in carbon fibre composite boat-building to uncrewed aerial vehicles (UAVs, or drones) about a…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) PURE HYDROGEN TO REVEAL HYDROGEN POWERED PRIME MOVER Hydrogen, gas and mobility business Pure Hydrogen will reveal Australia’s first hydrogen-powered prime mover (pictured) at the Brisbane Truck Show on 18 May this year. The company’s ‘Taurus’ truck…
VALO makes Best Places to Work list South Australian-based lighting business VALO has been ranked fourth in the Manufacturing & Consumer Goods category for the 2023 AFR BOSS Best Places to Work List. The list is based on a staff survey and a written submission relating to policies, practices and programs. VALO said in a…
Federal assistance has been awarded to 34 timber manufacturers under the Accelerate Adoption of Wood Processing Innovation grants program, supporting projects including for activated carbon production, packaging, and construction materials. Grants are between $1 million to $5 million, distributed from 2022-23 to 2025-26, and support up to 40 per cent of total project costs. A…
The escalating abuse of the process for allocating grants for scientific research in recent years has had its denouement with the release of an independent review by eminent scientists which found that the Australian Research Council, and not the minister, should decide who receives federal science grants. Education Minister Jason Clare yesterday released the review,…
Hearing implant manufacturer Cochlear has again rebuffed competition concerns from authorities over its planned takeover of competitor Oticon Medical for $170 million, which followed a decision by parent company Demant to exit the hearing implants business. Cochlear said it disagreed with the conclusions of the UK Competition and Markets Authority (CMA) which found provisionally that…
The owner and operator of the Arnhem Space Centre (ASC) in the Northern Territory is working towards a multi-launch contract with American space transportation and rocket manufacturing company Phantom Space Corporation. Equatorial Launch Australia (ELA), which signed a MOU with Phantom Space in 2022, also envisages an expanded scope and detail of future cooperation to…
Nanosatellite company Fleet Space Technologies has been awarded a$6.4 million contract with Australia’s new Defence Space Command agency to develop and demonstrate a Low Earth Orbit (LEO) satellite communications system “focused on tactical communications and data transmission where connectivity is limited.” The contract is the first in defence for Fleet, which manufactures satellites for industrial…
