Industry minister Karen Andrews has announced the federal government’s $31.3 million agreement with a consortium led by Grey Innovation, which is expected to produce 2,000 invasive ventilators by the end of July to support patients during the Covid-19 pandemic.
Last Tuesday, when the Prime Minister announced the government would subsidise six million jobs for six months to the tune of $1,500 a fortnight, the nation’s economists were left speechless.
AMTIL, the peak body for manufacturing technology suppliers and users, has added itself to the list of voices requesting that manufacturing be designated an essential industry during the Covid-19 pandemic.
Around the world, people are racing to design and manufacture much-needed ventilators to address a global lack of supply. One New York hospital has reportedly attempted treating two patients per ventilator out of desperation.
Nanosatellite business Myriota has announced a $28 million Series B funding round, with Hostplus and Main Sequence Ventures as lead investors and all Series A backers participating in the raise.
South Australian companies are ramping up hand sanitiser production to fill local shortages.
I strongly believe manufacturing is an essential service. We now have over 1500 companies that have signed up to the Covid19 National Manufacturing Response. That’s over 1500 Australian manufacturing companies putting their hand up to say “We’re ready, willing and able”.
As teachers across the world grapple with converting to home learning classes, a South Australian Edtech company is stepping in to offer a free Learning at Home course.
As the coronavirus pandemic continues to claim victims around the world, the race is on to produce the right medicines to fight it. This includes developing a vaccine to stop people from falling ill in the first place, testing kits and drugs to treat those that fall ill with COVID-19.
As Australian manufacturers step in to provide enough protective masks during the Covid-19 crisis, imports of faulty personal protective equipment (PPE) are also on the rise, according to a report.