Biotechnology giant CSL has reported net profit after tax for the six months ended December 31 of $1.9 billion, up 20 percent on the previous corresponding period. Underlying net profit was $2.02, set on revenue up 11 percent to $8.05 billion. CSL CEO and Managing Director Dr Paul McKenzie said: “Our strong first half result…
Scott Basham resigns as Group CEO of HighCom Scott Basham, Group CEO of ASX-listed defence business HighCom Group — known as XTEK until November last year — has tendered his resignation to the board. “It’s been a tremendous privilege to lead and work with such a great group of people over that time all around…
(Sponsored) There’s a breed of innovation present here, and which we don’t value highly enough, believes Steve Camilleri. The CTO and co-founder of cold spray additive manufacturing company SPEE3D explains it as a blend of professionalism and irreverence: a technical cleverness allowing a lot to be accomplished with a little, plus a refusal to accept…
Not content with Whyalla’s emergence as a green steel production hub, a second South Australian city – Port Pirie – has joined the race to become a green metals hub based on the state’s huge reserves of magnetite ore. While haematite from the Pilbara has been the source of most of Australia’s iron ore exports,…
New research from a University of Queensland team published in Communications Biology shows a promising treatment for myrtle rust, using engineered RNA and applied to crops through an environmentally-friendly spray. According to a statement from UQ, Mitter Lab researchers Professor Neena Mitter, PhD candidate Rebecca Degnan and Dr Anne Sawyer found that both infection in…
Processing of rare earth elements will be a key area of focus for the Australian Nuclear Science and Technology Organisation’s Minerals unit following a $13.9 million funding allocation under the Australian Critical Minerals Research and Development Hub. The Minister for Resources and Minister Madeleine King announced the funding for a research project to accelerate the…
Directed energy and artificial intelligence company AIM Defence has been chosen by the government of Canada to demonstrate its laser system in an international counter-drone exercise beginning in May. In a statement on Tuesday, AIM – which bills itself the creator of Australia’s first laser-based counter-drone system – said its Fractl high-power laser system will…
Researchers from RMIT University are using nanodiamonds to create smart textiles that can cool people down faster. The study found fabric made from cotton coated with nanodiamonds, using a method called electrospinning, showed a reduction of two to three degrees Celsius during the cooling down process compared to untreated cotton. They do this by drawing…
The Nupress Group is the latest SME to be awarded a contract to supply components for the new KONGSBERG Naval Strike Missile. Nupress is to partner with Kongsberg Defence Australia to deliver ‘First Class’ manufacturing with the supply of mechanical components for the NSM capability being delivered under Project SEA 1300 Phase 1 – Navy…
