K-TIG passes milestones, books $561k revenue Rapid welding technology company K-TIG achieved significant milestones in the fourth quarter and quarterly sales of $561,000. The company, which is commercialising advanced keyhole welding techniques, entered the UK and Europe markets and strengthened its management team. The company operates a demonstration and support facility in the US. K-TIG…
The Australian Renewable Energy Agency’s (ARENA) Future Fuels Fund has backed five companies who collectively will deliver 403 new fast charging stations, each capable of charging at least two vehicles concurrently at 50 kW or above. Announcing the first round of funding today ARENA said it had been impressed with the strength of applications and…
The need for sovereign manufacturing capability has been made obvious, but for decades Australian manufacturing has been seduced by the siren song of capital ratios, when the real game is sustainable cashflow and the long term development of Intellectual Capital. Allen Roberts asks have we gone too far, and how do we turn the boat…
Researchers at the University of Sydney and the university’s spinoff quantum control technology group Q-CTRL today announced a major advance in the control of errors from cutting edge quantum computers. The groups have developed a new algorithm to identify sources of error in quantum computers through machine learning, providing hardware developers the ability to pinpoint…
A new standalone power supply partnership has been launched between LAVO, Ampcontrol and Boundary Power to develop hydrogen based solutions to regional and remote power users, along with data centres and other energy intensive industries. Hydrogen storage company LAVO, electrical, electronic and control system specialists Ampcontrol and standalone power system company Boundary Power will work…
Advanced Braking Technology continues strong growth Heavy duty brake vehicle manufacturer Advanced Braking Technology has reported record June operating sales of $1.16 million. ABT said sales of its fail-safe braking systems for heavy mining equipment were 17 per cent up in the fourth quarter compared to last year to $2.67 million. Reporting unaudited operating profit…
Perth drone engine manufacturer Orbital UAV has announced revenues of $31.2 million for FY21 as it ramps up production for global drone manufacturers. The company booked a $1.2 million underlying operating profit for the year and a net loss of $10.8 million. A number of abnormal accounting treatments hit the company, including a US asset…
Leading aerospace composites manufacturer Quickstep has made a move into the drone sector through an investment in unmanned aerial system (UAV) designer and manufacturer Carbonix. The Sydney company has taken an unspecified minority stake in Carbonix which makes the all-electric, fixed wing Volanti drone (pictured) and the Domani VTOL Power Lift drone. The two companies…
Electronics manufacturers such as Entech Electronics have had to beef up their supply chain and purchasing teams to meet the challenges of a global shortage of electronic components. Here, Yaser Darban explains what companies can do to weather the shortage. As the world recovers from a pandemic, another threat looms for manufacturers–a global shortage of…
By Peter Roberts I have often heard people, even manufacturers, lament the destruction of appliance and whitegoods manufacturing in Australia. But there are survivors including Zip Water boilers in Sydney, Seeley and Braemar air coolers and gas heaters in Adelaide and Albury, Rheem in Sydney, and Electrolux’s oven factory, also in Adelaide. The Swedish company’s…