XRF Scientific announces record full-year result Analytical laboratory instrument manufacturer XRF Scientific has announced its results for the June 2023 full-year, with sales revenue up 38 per cent to $55.2 million, net profit after tax up 26 per cent to $7.7 million, and the company paying a final fully-franked dividend of 3.3 cents per share.…
The CEFC has provided an update related to its 2022/23 year, with $1.9 billion in new investment commitments made, including a record $1.2 billion in renewable energy and grid-related projects. According to CEO Ian Learmonth, the $1.2 billion helped bring forward large-scale solar, wind and storage projects with a total transaction value of $5.7 billion,…
By Rebecca Giblin, The University of Melbourne; Anders Furze, The University of Melbourne, and Kimberlee Weatherall, University of Sydney For hundreds of years, we’ve been told patents help deliver big new inventions, such as life-saving drugs. They are meant to be a bargain between the inventor and the public: tell us how your invention works,…
An upcoming round of CSIRO’s Innovate to Grow program, which provides free coaching on R&D for SMEs, is accepting nominations from cyber security and digital technology sector companies until September 17. The program provides ten weeks of online classes and links participants to “expert knowledge, resources, and mentors” according to the national science agency. It…
Communications manufacturer EM Solutions has successfully completed the first of its system level tests for a transponder developed for Telesat’s LEO 3 demonstration satellite. Launched on 18 July, the satellite payload features both Ka and V-band uplinks and downlinking on either Ka or Q-band according to an announcement. Its compact size, weight and power consumption…
The federal government will spend more than $1.7 billion in acquiring new, long-range strike missiles and other guided weapons, today announcing the purchase of three types of missiles. However these are to be imported with local manufacture for only one system to be considered as an ‘option’. In the case of the smallest of the…
The Australian Army has confirmed that it test fired a weapon system from an autonomous uncrewed armoured vehicle during exercises. The Australian-first test firing was carried out by the Army’s Robotic and Autonomous Systems Implementation & Coordination Office (RICO) during a human-machine team demonstration at Puckapunyal, Victoria. During the demonstration, RICO tested a range of…
Alcoa of Australia, the majority owner of Victoria’s Portland Aluminium Smelter, has announced a nine-year agreement with AGL, effective July 2026 and covering half of the power required for the site to run at capacity. According to the announcement on Friday morning, the agreement covers 300 megawatts of power, with Alcoa “pursuing options for the…
Malware in manufacturing is a bigger problem than many would assume. Here Tony Burnside looks at how cyber criminals leverage the cloud to mount their attacks, and what can be done to protect manufacturing organisations. Most of the headlines around cybercrime and data loss in Australia in recent months – and there have been plenty…
Poultry, food service and food manufacturer Inghams Group has reported a strong profit increase for FY23 on flat volumes as it continues its recovery from supply chain disruptions and sharply rising input costs. The company reported EBITDA of $418.5 million, up 13 percent on the previous year and net profit after tax (NPAT) of $60.4…