Melbourne-headquartered product development and electronics engineering company Extel Technologies has announced the acquisition of Monterey, California-based contract electronics manufacturer Synergetics Manufacturing, following “several years of diligent efforts”. In a statement on Monday, Extel said the acquisition is a culmination of a long-time presence in California in pursuit of its US expansion plan and would add…
The federal government is investing $3.4 million in 10 defence manufacturers in the latest round of the Defence Global Competitiveness and Sovereign Industrial Capability Priority programmes announced today. The new grants will provide 50 per cent matching grants to support the delivery of cutting-edge defence capabilities, creating more than 50 jobs and helping to drive…
Australian freelancing marketplace Freelancer.com and space consortium ELO2 announced the phase one winners of a challenge to design a sampling device for Lunar soil, known as regolith. The ELO2 Big Dipper Lunar Regolith Acquisition Challenge was set up to identify designs of a Regolith Sample Acquisition Device, a crucial component of a proposed Australian lunar…
A new factory for corneas will be established at University of Sydney, following a $35 million investment from the Medical Research Future Fund. According to a short statement from health minister Mark Butler on Tuesday, the facility will be able to “produce, store and ship bioengineered corneas across Australia and the world” and address the…
The federal government has announced that not-for-profit industry organisations can now apply for grants to provide expert, sector-specific advice to startups and scaleups taking part in its $392.4 million Industry Growth Program. The programme, a replacement for the six Industry Growth Centres (IGCs), will now make available Industry Partner Organisation (IPO) grants of between $500,000…
The decarbonisation of Australia’s mining and metals refining sector is picking up pace with BHP’s giant Olympic Dam copper mine and metals refinery in South Australia turning to solar power and battery energy storage. The Clean Energy Finance Corporation is investing $99 million to boost to Neoen’s Goyder wind farm – which will provide electricity…
Defence boat builder Birdon Group has announced that Birdon America Inc. has acquired Metal Shark Boats 32-acre shipyard in Bayou La Batre, Alabama. This acquisition brings a fully developed shipyard into the Port Macquarie, NSW maritime engineer’s portfolio of facilities allowing the company to expand its US shipbuilding and repair services, according to a statement.…
Renewable energy project company Pacific Green has proposed development of a 2.5 gigawatt hour grid-scale battery energy park in Portland, located near the Portland Aluminium smelter (pictured) and Portland Water Treatment Plant. According to a statement from Pacific Green on Monday, it will develop approximately 30 hectares for the proposed energy park. The park would…
The draft Bradfield City Centre Master Plan has been released for community feedback, establishing a framework for the new 114-hectare city and representing major progress in one of Australia’s biggest economic development projects, according to the NSW government. The city centre is predicted to create 20,000 direct jobs, position itself as the nation’s “premier hub…
Hamburg, Germany-headquartered energy management business 1KOMMA5°, has announced a new partnership with Australian renewable energy and air conditioning company Kozco Energy Group. According to 1KOMMA5° it grew revenues over 2,000 per cent over 2021 to 2023, and is aiming to develop “a global one-stop-shop” for private and commercial customers wanting to link energy producing and…
