Eight companies have been awarded a total of $3.4 million under the latest round of the Sovereign Industrial Capability Program.
The SICP offers between $50,000 and $1 million in dollar-matched funding to SMEs in defence, for companies contributing to local capabilities, and aims to build the capacity and resilience of Australian small-to-medium sized business.
The latest round sees assistance to ICT company Penten, rocket maker Gilmour Space Technologies and testing organisation Australian Performance Vehicles to test and evaluate new technologies.
Weld Australia was an example of what the program was helping enable, according to defence industry minister Melissa Price.
“It is bringing a welding accreditation to Australia, developing Australian supply chains for the Land 400 Phase 2 project and beyond, and ensuring we have the skills in Australia to deliver and sustain critical defence capabilities,” she said in a statement.
A full list of the round’s grants recipients is below (source: https://www.minister.defence.gov.au/minister/melissa-price/media-releases/australian-defence-industry-benefits-latest-batch-grants)
Picture: Weld Australia
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|Company||Grant Amount||Grant Funding Purpose||State|
|Terra Schwartz||$421,432||Purchase of capital equipment and funding of direct labour costs to develop a 100% Australian sovereign cyber-worthiness system.||ACT|
|Profluid||$110,269||Purchase, integration and commission of specialised machinery required to establish sovereign capabilities for current shipbuilding programs and future sustainment needs.||WA|
|B.E. Switchcraft||$109,492||Purchase and commission of new capital equipment that will enable additional switchboard manufacturing work to be completed in-house and more efficiently.
|Amiga Engineering||$1,000,000||Fund factory improvements and purchase new capital equipment to continue the delivery of 3D printed Defence products.
|Weld Australia||$89,400||Undertaking of the necessary training and activities to become qualified and accredited to deliver DIN2303 certification to the fusion welding of metallic materials.
|Penten||$523,687||Construction of a secure facility fitted with supporting Information Communications Technology (ICT) infrastructure.
|Australian Performance Vehicles||$657,320||Expansion of current commercial testing services to support Australia’s Defence industry with specialist engineering, and test and evaluation services.
|Gilmour Space Technologies||$553,819||Development of a large scale composite and metal alloy structural testing facility, with testing capabilities beyond the scope of existing facilities in Australia.