Trailer maker says it’s investing $50 million upgrading Ballarat factory

Heavy-duty transport trailer business MaxiTrans said this week that work is underway transforming its Ballarat factory into a “modern manufacturing environment” through a $50 million investment, as it prepares to shut its Carole Park, Queensland site. In a statement on Monday, the company said transitioning of tipper products from Carole Park is “well underway” ahead…

ELA shares designs for upcoming HIF buildings at Arnhem spaceport

Commercial space launch company Equatorial Launch Australia (ELA) has shared completed designs for its Horizontal Integration Facility (HIF) buildings, each offering assembly, integration and testing facilities at ELA’s Arnhem Space Centre (ASC).  Each building at the Northern Territory site offers a 40-metre by 26-metre by 12-metre standard configuration and incorporating “advanced space mission specific features”…

Japan and Australia cooperate on undersea warfare

Australia and Japan have signed an agreement to enhance strategic capabilities in robotic and autonomous systems for undersea warfare. The research project between Defence Science and Technology Group (DSTG) and Japan’s Acquisition, Technology and Logistics Agency (ATLA) is the first under a bilateral research, development, test and evaluation (RDT&E) arrangement signed in June, 2023. The…

Breakthrough Victoria shells out $12 million for peanut allergy treatment developer Aravax

The Victorian government-funded Breakthrough Victoria has made a $12 million investment into Aravax, part of a $66 million funding round in the biotechnology company, which is developing a novel peanut allergy treatment. Aravax is a clinical-stage company developing PVX108, its immunotherapy product that uses synthetic peptides to mimic key parts of peanut proteins to retrain…

Silex, Silicon Quantum Computing expand offtake agreement by $1.35 million

Silex Systems has announced an amendment to its 2019 offtake agreement with quantum technology business Silicon Quantum Computing, increasing SQC’s commitment for silicon products made from high-purity zero-spin silicon (ZS-Si) using Silex’s proprietary laser enrichment technology. According to a statement from Silex on Tuesday morning, the total value of the commitment has increased by $1.35…