An RMIT University spinout business, established in 2013 and producing early fault detection (EFD) systems, has opened a new factory in Richmond. According to a statement from RMIT on Thursday, IND Technology is expected to generate millions in exports from Victoria, with its EFD system comprising “parts made almost entirely in Melbourne.” IND was founded…
Androck gets Ampcontrol brand Ampcontrol announced on Wednesday that, following its May 2023 acquisition of Androck Engineering & Mining, Androck has been rebranded as Ampcontrol. In a statement, Ampcontrol said Andirock’s workforce has more than doubled in size to 106 employees and 33 apprentices since the acquisition, and its physical presence has grown to six…
The Tech Council of Australia has announced that Atlassian co-founder Scott Farquhar (pictured) will replace Tesla Chair and inaugural TCA Chair Robyn Denholm as head of the technology lobby group. In a statement on Thursday, the TCA said Denholm will remain on its board after “after 3.5 years of significant growth and impact” under her…
Radio frequency communications specialist GME has announced its acquisition of defence electronics company Eylex. In a statement on Wednesday, GME said the acquisition represented “full ownership and management control” of Eylex, and will boost its “innovation opportunities and assist in its ongoing diversification efforts” within the “defence, security and resilience sectors”. The value of the…
Metals company Rio Tinto and renewable energy generation and storage provider Edify Energy have agreed to two deals aimed at increasing supply of “reliable, competitively priced electricity” to Rio’s Gladstone aluminium operations. According to a statement from Rio on Thursday, the solar and battery hybrid services agreements (HSAs) cover purchase of 90 per cent of…
By Lisa Toohey, UNSW Sydney “Unjustified” and “not the way that friends and allies should be treated”. That’s how Prime Minister Anthony Albanese and Foreign Minister Penny Wong have described the latest shot in United States President Trump’s trade war. Effective today, there is a 25% tariff on all imports of steel and aluminium into…
