Brick manufacturer Brickworks (ASX: BKW) is confident that its acquisition of three US brick makers within the space of a year will pay off. Brickworks managing director Lindsay Partridge told the company’s annual general meeting that with integration complete in 2020, its US businesses would have the scale to materially impact company earnings. Brickworks has…
Melbourne drone technology company AVT Technologies has been awarded $5.2 million to develop a system to improve the quality of images taken by drones. The grant from the Defence Innovation Hub follows an earlier $2 million grant to develop a micro gimbal weighing less than 250g that features 50x zoom and thermal imaging. AVT is…
Siemens Australia CEO Jeff Connolly has revealed how HSV, the former special vehicles division of General Morors Holden, has re-invented itself following the closure of mass automotive assembly. Writing on Linkedin, Connolly said the company had completely re-engineered its business model and was now thriving. Connolly said: “It reminds me of the old saying, one…
Lithium processing technology group Lithium Australia (ASX: LIT) has increased its shareholding in lithium ion battery recycler Envirostream. The Perth company said today it had paid $100,000 to move from a 23.9 per cent holding in Envirostream to a 73.7 percent interest. Lithium has developed its own technologies for separation metals such as lithium, nickle…
Robotics and AI sensor business, Advanced Navigation, has raised $20 million to expand its global research and manufacturing footprint. The company, which develops and manufactures navigation systems, inertial sensors, acoustics, positioning systems and robotics, raised the cash from Main Sequence Ventures’ CSIRO Innovation Fund, and US venture firms Brick & Mortar Ventures and In-Q-Tel Inc.…
Victorian clothing manufacturer Australian Defence Apparel has won a contract to provide load carriage equipment to the army. The company, which operates a large clothing factory in Bendigo (pictured), will provide a range of mission essential carrying equipment. According to the army, this makes up a soldier’s ‘combat ensemble’ (below) and includes:: # Modular belt…
Brisbane City Council plans to introduce a new fleet of 60 high-capacity electric Metro buses manufactured in the Queensland capital. The contract is with vehicle manufacturer HESS in partnership with Volgren, which makes buses in Queensland, and electric infrastructure provider ABB. Initially the partners will build a prototype rdeady for testing in 2020, with the…
By Stuart Corner of IoT Australia The ITU has adopted new regulations to govern frequency allocations for the many planned constellations of nano-satellites for IoT such as those from Australian companies, Fleet Space and Myriota, and other non-geostationary satellites. “The agreement reached at WRC-19 establishes regulatory procedures for the deployment of non-geostationary satellites, including mega-constellations…
French submarine builder Naval Group has signed a major supplier subcontract with Babcock to supply the Weapon Discharge System (WDS) for the Attack class submarines it is building in Adelaide. The deal is good news for local manufacturers who form Babcock’s existing supply chains in Australia and are likely to be involved in engineering and…
Comment by Peter Roberts The federal coalition’s obsession with protecting an industry which is clearly on the way out – coal mining – shone through at a meeting of state and federal energy ministers held last week. The states and Commonwealth endorsed Australia’s National Hydrogen Strategy which will co-ordinate national efforts to move towards clean…
