$7.9 billion Australian confectionery manufacturing sector likely to continue revenue decline, report predicts 

Revenues for the nation’s chocolate and confectionery manufacturing sector are expected to decline, following a negative 1.9 per cent compound annual growth rate over the last five years, according to new market research from IBISWorld. In its Chocolate and Confectionery Manufacturing in Australia – Market Research Report (2015-2030), updated this month, IBISWorld described a sector…

Cybersecurity in the age of smart manufacturing

Leon Poggioli shares what manufacturers should include in their cybersecurity program, laying out five core principles of operational technology cybersecurity.  Manufacturing is consistently one of the top critical infrastructure sectors targeted by cyber criminals. Many hacking groups believe that manufacturers are more willing to meet ransom demands than other organisations, given that any degree of…

“World’s current largest industrial land transformation project” progresses

The NSW government has released a rezoning proposal covering 200 hectares of underutilised land on the southern edge of the Port Kembla Steelworks, which it says is a major step forward for “[t]he world’s current largest industrial land transformation project”. The proposed precinct on the surplus land would attract new activity “across advanced manufacturing, clean…

Manufacturers are asking: where are the responses to what remains a difficult operating environment?

By Dr Jens Goennemann AMGC’s role is to stand behind all aspiring manufacturers across the nation. This means speaking on behalf of our network of 8,000 and broader industry in forums that will deliver cut-through for small-to-medium-sized (SME) manufacturers – representing the large majority of Australian manufacturers. Lately, this has taken us to numerous Government-led…

Modular Photonics signs licensing agreement with SCHOTT on breakthrough optical chip material

Australian glass microchip fabrication business Modular Photonics has signed a strategic license agreement with German multinational SCHOTT on Aldente Glass. According to a statement from Modular Photonics on Thursday, its Aldente Glass is a breakthrough material, “engineered for ultra-low optical loss in photonic chips and ultrafast laser inscription” and delivering “a major leap forward in…

Gilmour Space says satellite operating successfully following June SpaceX launch

Following the maiden test flight of the company’s Eris rocket in late-July, Gilmour Space Technologies has announced the successful in-orbit operation of its 100-kilogram satellite platform, ElaraSat MMS-1 (Multi-Mission Satellite-1.) According to a statement from Gilmour on Wednesday, it has completed platform commissioning, verified that satellite bus systems are operating as expected, and demonstrated reliable…