WA offers new Defence Ready Initiative grants The Western Australian government has opened applications for the latest round of Defence Ready Initiative grants to support local businesses in the defence sector. The purpose of the $200,000 investment is to assist small and medium enterprises enhance their capability, capacity and competitiveness to enter or expand their…
Boswell Technologies, satellite operator Skykraft and the Space Plasma, Power, and Propulsion (SP3) group at the Australian National University have successfully conducted a series of in-orbit tests of the novel Bogong satellite thruster. Two of the Bogong Thrusters have been launched into space aboard Skykraft satellites, with in-orbit testing successfully completed in November 2023 using…
Automotive manufacturer Fusion Capital has lost the right to use the iconic Brabham name on its BT62 track racing supercar (pictured). Manufactured in a corner of a bus factory in Adelaide, 100 BT62’s are being made, with the BT63 GT2 Concept a specially designed second model. The BT62 features a mid mounted, quad cam, longitudinal…
Wave energy technology developer Carnegie Clean Energy has announced that a scaled demonstrator version of MoorPower has been deployed at its testing grounds off Fremantle, Western Australia. MoorPower is a wave-to-energy system designed for use on aquaculture barges and vessels. Among the companies as part of the Blue Economy CRC-supported project are aquaculture companies Huon…
New statistics from the Australian Securities & Investment Commission released halfway into the financial year show 243 manufacturing companies became insolvent during July – December 2023, compared to 235 and 84 for the same period in 2022 and 2021. In a statement from federal opposition industry spokeswoman Sussan Ley recapping recent collapses, the government’s “failed…
By Peter Roberts War brings no good to anyone but a few military contractors which boom during times of rising tensions – none more so than drone detection and countermeasure manufacturer DroneShield. To say that the company is in the right place at the right time to prosper from technological change is a massive understatement…
Coomera, Queensland luxury boatbuilder, Riviera has welcomed a record intake of 52 first apprentices including 12 females, adding to more than 400 tradespeople trained at the company over the past three decades. In total 27 are school based apprentices and 25 are full time apprentices. The motor yacht sector has been riding a significant economic…
