Major survey finds manufacturing sentiment “improving following the gloom” of last two years

The quarterly ACCI-Westpac Survey of Industrial Trends has shown the manufacturing industry “showing signs of recovery” and a result indicating “gradual gains in new orders and stable, positive output growth.” According to a statement from the Australian Chamber of Commerce and Industry on Tuesday, sentiment appears to be “improving following the gloom of the past…

BluGlass raises $5.3 million in SPP

Compound semiconductor developer and maker BluGlass has announced the close of its share purchase plan (SPP), which raised $5.3 million before costs. The company said in a statement on Tuesday that the raise will accelerate production and delivery related to new and existing contracts, as well as support additional fab equipment and working capital. It…

New tool developed at UQ enables “smart” microgel droplets for regenerative medicine

A new microfluidics tool developed at the University of Queensland shows promise for uses including restoring damaged organs, according to the university. In a statement on Friday, UQ said researcher Dr Ruirui Qiao (pictured) and her team have patented a new “UQ-Surf microfludics platform” able to create “smart” microgel droplets with use in a “diverse…

Manufacturing news briefs — stories you might have missed

New synthetic biology group launched Plant SynBio Australia (PSBA) was launched in Canberra on Wednesday, aiming at coordinating a national network of infrastructure and expertise to accelerate gains in agri-food productivity. PSBA will focus on synthetic biology, which uses engineering principles to redesign biological organisms for desired outcomes including creating vaccines, novel crops, and foods…

How Australia’s grant system is currently locking $33 million from those doing the heavy lifting

Australia’s grant system is working exactly as designed. And that’s the problem, writes Paul Carmignani, Managing Director of Powertech. Right now, if you’re a small business or a not-for-profit, there’s likely a funding stream available to help you test an idea, buy equipment or build capability. If you’re a multinational or a university, there’s even…

WA allocates $25 million to ‘securing the poles and wires’ through local manufacturing

The Western Australian government has pledged $25 million in funding for manufacturing related to the energy transition ahead of the Thursday state budget. According to a statement from treasurer Rita Saffioti and other ministers, the package will help diversify the state economy and “secur[e] the poles and wires” needed for the energy transition. It includes:…