Brain imaging company EMVision Medical Devices has completed its pilot commercial line and received a third and final milestone-related payment, worth $1.25 million, under the federal Modern Manufacturing Initiative. EMVision is developing bedside and portable machines for detecting stroke, with the former (known as emu) currently in clinical trials. In a statement to the ASX…
Clinical stage biotechnology company PharmAust has received commitments to raise $10 million via an institutional placement with directors and management subscribing for $1 million worth of shares. The cash will be used to finalise preparations for an adaptive Phase 2/3 STRIKE study in patients with Motor Neurone Disease (MND) of the drug monepantel. Monepantel is…
The first cohort of skilled submarine workers from ASC have departed for Pearl Harbor in the United States to receive training in the sustainment of nuclear powered submarines. Around 30 skilled ASC Pty Ltd workers are the first to deploy to the Pearl Harbor Naval Shipyard to learn maintenance of US Virginia class nuclear‑powered submarines…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Bosch to install automated heliostat line at RayGen’s facility by year’s end Bosch Australia Manufacturing Solutions (BAMS) has announced that it is working with solar cell manufacturer and renewable energy project developer RayGen Resources to automate production. In a statement from…
The federal government has announced the next stage in the development of continuous naval ship building with commencement of the construction of the first of six planned Hunter Class Frigates. This milestone was marked today by the Deputy Prime Minister Richard Marles and the Premier of South Australia Peter Malinauskas cutting the first piece of…
A piece of research from the early days of the pandemic, involving a team including Swinburne University researchers and additive manufacturing company SPEE3D, has received recognition from the Society of Manufacturing Engineers (SME) in the United States. According to a short statement from the university on Friday, Director of Swinburne’s Manufacturing Futures Research Platform Professor…
Around 30 fires per day are being caused across Australia’s recycling and waste facilities due to batteries, according to new research from the Australian Council of Recycling (ACOR) and the Waste Contractors and Recyclers Association of NSW (WCRA.) According to a joint statement from the pair on Friday, there have been somewhere between 10,000 and…
Australian Vanadium receives $14.7 million grant Battery materials company Australian Vanadium has received a milestone payment of $14.7 million from the federal government under the Modern Manufacturing Initiative – Manufacturing Collaboration Stream. The grant provides up to $49 million to support the company’s Australian Vanadium Project to enable new critical mineral production which will support…
By Ty Christopher, University of Wollongong and Michelle Voyer, University of Wollongong On the weekend, an area 20km off the Illawarra coast south of Sydney became Australia’s fourth offshore wind energy zone. It’s the most controversial zone to date, with consultation attracting a record 14,211 submissions – of which 65% were opposed. The zone’s declaration…
The maker of Penfolds wine Treasury Wine Estates has issued new, higher earnings estimates for the company following its resumption of sales to China in March and a price hike timed for 1 July. The company expects Penfolds’ earnings margin to be approximately 42 percent with the resumption of China sales, reflecting the reestablishment of…