Communication and metal detection company Codan has acquired US communication integrator GeoConex LLC as part of the company’s strategy to add technology and capability through bolt-on acquisitions to accelerate growth. At the same time the Adelaide company reported group revenue for the first half of $211.8 million, down 18 percent on the previous corresponding period…
The Tasmanian government is inviting applications for grants worth up to $100,000 under the fourth round of the Advanced Manufacturing Accelerating Growth Grant program. The program supports investment by the state’s manufacturers “to purchase capital equipment, linked to an off island market driven expansion opportunity with resulting increased employment.” The first three rounds have awarded…
The Australian Academy of Technological Sciences and Engineering (ATSE) has called for an urgent increase in national R&D investment, as well of wide-spread use of low-impact technologies in the mining sector. According to the academy, the mining sector continues to be an essential part of the Australian economy, but practices must adapt to reduce impact…
A federal parliamentary inquiry into manufacturing has begun its work, and is accepting written submissions until the end of next month. The “Developing Advanced Manufacturing in Australia” inquiry by the House Standing Committee on Industry, Science and Resources cited an aim of “supporting Australian industry, creating jobs and reviving our ability to make world class…
Edge computing developer Aicraft has announced the successful launch of its first edge computing device, Pulsar (pictured) to space on board the Antaris Inc. satellite JANUS-1. The company combines expertise in AI, semiconductor technology and power electronics to deliver a range of products that feature high computing capacity and small size, weight and power (SWaP).…
The federal government has received the report of the Defence Strategic Review which will guide the development of the Australian Defence Force and hence the areas of focus of government procurement for many years to come. The report was formally handed over to Prime Minister Anthony Albanese and Defence Minister Richard Marles by former chief…
Treasury Wine Estates, the maker of Penfolds, has reported strong earnings growth and margin expansion as the company’s restructure of its wine portfolio towards luxury brands pays off for the company. EBITS for the first half FY23 grew 17 percent to $307.5 million driven by growth in its luxury portfolio of brands, price increases achieved…
By Ravi Naidu, University of Newcastle They stop your food from sticking to the pan. They prevent stains in clothes and carpets. They help firefighting foam to extinguish fires. But the very thing that makes “forever chemicals” so useful also makes them dangerous. Forever chemicals – the catchier name for the class of chemicals known…
Queensland govt welcomes applications for Manufacturing Hubs Grant Program This week Queensland manufacturing minister Glenn Butcher announced that the state government’s Manufacturing Hubs Grant Program (MHGP) is open for a third round. The announcement was hosted this week at Mecha, a winner of $230,000 in grant support under the program’s first round, supporting a new…
Hearing implant manufacturer Cochlear has powered to a new first half record revenue based on new product offerings and as the company completes its recovery from the pandemic. The Sydney company reported sales revenue up nine percent (seven percent in in constant currency terms) to a record $893 million, revealing strong growth in cochlear and…