Internet of things security solutions provider Spectur has announced its largest sales contract to date for an emergency response beacon network for Surf Lifesaving New South Wales. The contract will see the company provide emergency response beacons over the next five months to improve safety at a number of beaches in the state. The contract…
Off grid security and IoT solutions provider Spectur (ASX: SP3) has reported its best quarterly sales performance as uptake of the company’s products begins to accelerate. Spectur, which makes IoT connected solar powered security camera installations for unpowered areas, booked its first positive quarterly cash flow in the latest quarter with cash flow from customers…
Hardware sales are powering off grid security and IoT solutions provider Spectur (ASX: SP3) to expand revenue and margins in the Australian market. The Perth company reported revenue in the first quarter of FY2020 of $1.26 million with gross margins improving to 60 per cent of sales. Hardware sales have seen a 30 per cent…
Perth HD camera systems manufacturer Spectur (ASX:SP3) is enjoying sales increases of 90 per cent in six months as it deals with burgeoning orders. The company recently hit the $1 million a quarter sales mark, with numerous bodies in a testing phase set to boost future sales further. Ten systems are on trial in the…
HEX20 announces partnership with ispace and Skyroot Aerospace Adelaide-based smallsat company HEX20 has announced a strategic partnership with India’s Skyroot Aerospace and Japan’s ispace, “to leverage the combined technical prowess and regional networks of the three pioneering companies.” Lloyd Lopez, CEO of HEX20, said an MoU formalising the partnership was signed at the 74th International…
Construction of battery gigafactory accelerates Energy Renaissance is pressing ahead with construction of Renaissance One, the company’s lithium battery production plant in Tomago, NSW. The company said work at the site (pictured) was picking up pace, with development partner ATB Morton now erecting steelwork. “Over the next few weeks the facility will start to take…
DroneShield sells to Australian army, receives US infrastructure order Drone detection and countermeasure company DroneShield has has sold a quantity of its RfOne MKIITM long-range sensors to the Australian Army (pictured). The capability is being delivered immediately to allow the Australian Army to assess its future counter-drone requirements and options. The company has also received…
Austin Engineering appoints new CEO Mining equipment manufacturer Austin Engineering has appointed David Singleton (pictured) as CEO and managing director after a period acting in the position. Singleton is credited with internationalising Perth shipbuilder Austal and taking it into new areas of technology including naval shipbuilding and construction using steel instead of its more typical…
