Australian industry showed signs of recovery in July, driven primarily by business services, whilst manufacturing continued to struggle, according to the latest Ai Group Australian Industry Index released on Tuesday. The index improved by 5.8 points to -3.2 seasonally adjusted in July, marking its strongest score in three years. Business services led the recovery, continuing…
The Australian Government has approved a Strategic Shipbuilding Agreement with Austal that will establish the company as the Commonwealth’s strategic shipbuilder for Tier 2 surface combatants at Henderson, Western Australia, according to an announcement on Monday. Under the agreement, Austal Defence Shipbuilding Australia, a newly created subsidiary, will become prime contractor for the LAND8710 programs…
Infection prevention company Nanosonics has received US Food and Drug Administration clearance for its latest trophon innovation, enabling the commercial launch of trophon3 and trophon2 Plus in the United States, according to an announcement on Tuesday. The new trophon3 technology delivers over 40 per cent faster cycle times compared to previous generations whilst maintaining the…
Darwin Sheet Metal and Laser Cutting has received $650,098 from the Northern Territory Government’s Advanced Manufacturing Ecosystem Fund to develop innovative flatpack stainless steel furniture targeting remote Aboriginal housing projects, according to an announcement on Tuesday. The $4.16 million, 18-month project will see DSM invest in Territory-first automated precision laser-cut tube machinery, specifically a Trumpf…
Tindo Solar, the nation’s lone producer of solar PV modules, has been awarded $34.5 million in ARENA support under the federal government’s Solar Sunshot Program. According to a statement from the company on Wednesday, this will assist: Increasing production from 20 megawatts to 180 megawatts per year; A feasibility study to develop a “Gigafactory” with…
Defence contractor Electro Optic Systems (EOS) has secured what it says is “the world’s first export order for a 100-kilowatt class laser defence system”, with the weapon deal worth €71.4 million ($125 million.) According to a statement from EOS on Tuesday, the project is for a European NATO member state and is “to address the…