Comment by Peter Roberts There is increasing evidence that Australia’s decision to ditch its indigenous experience building the Collins Class submarine and buy a completely new design from France is turning out to be a costly mistake. I have always argued that the best path for Australia would have been to build a modified Collins,…
By Stuart Corner of Iot Australia Lawyers have suggested compliance with the voluntary code of practice for suppliers of consumer IoT devices, issued by the Government last month, could be enforced by the ACCC. Home Affairs minister, Peter Dutton released a for-comment draft of the code of practice on November 19 saying it had been…
The federal government has granted major project status for the development of new medicinal cannabis facilities in South East Queensland and regional Victoria. Major project status has been granted to Hydroganics for a multi-stage $333 million medicinal cannabis facility in Queensland and Canopy Growth for a $70 million facility in Victoria. Hydroganics is expected to…
Berendsen Fluid Power and H.H Machine Tools Australia (H&H) will partner with two international companies to deliver and sustain major presses and mlling machines for the Attak Class sumarines. The two local companies will supply the Medium Capacity Press, High Capacity Press and Large Capacity Milling Machines (LCMM). The contracts are worth $20 million to…
South Australia’s Inovor technologies will supply the defence department with a satellite bus that will be used to house equipment in space for the Buccaneer Main Mission. Inovor, which provides turnkey nanosatellite solutions for clients using its Apogee nanosatellite bus (pictured), will supply the equipment under a $2.5 million contract. The company beat out international…
High-speed welding technology developer K-TIG (ASX: KTG) has signed its first South East Asian customer for its welding as a service (Waas) licensing model. Singapore’s Steel-Ti Precision Welding will build a new manufacturing facility in Singapore to be completed in 2020. This will build high value tanks and vessels for oil & gas, aviation and…
Analysis by Peter Roberts One of the most innovative renewables projects planned anywhere globally has got a second lease of life with energy storage company 1414 Degrees (ASX: 14D) purchasing Solar Reserve Australia for a nominal price. For $2 million 1414 Degrees will take control of the company’s Aurora Solar Energy Project at Port Augusta…
Perth materials technology group FYI Resources (ASX: FYI) is completing a definitive feasibility study for the development of a high purity alumina plant to feed global battery industries. The company is planning a $238 million plant to produce 8,000 tonnes per annum of HPA over 25 years based on its Cadoux, WA kaolin resource. HPA…
By Stuart Corner of IoT Australia Deloitte Australia has teamed up with California based IoT startup ioTium to exploit opportunities in industrial IoT. The two say they will jointly deliver the foundational infrastructure to support technology implementation and services that enable end-to-end secure digitisation of industrial IoT (IIoT) platforms for Australian organisations in healthcare, energy,…
Maggie Beer Products are emerging as the star of multi-brand premium food group Longtable (ASX: LON) whose results continue to be held back by other brands in the business. Now in its first full year of ownership, Beer’s iconic Barossa Valley fine foods are continuing their turnaround following 2019 when they cut fixed and overhead…
