Compumedics in US market breakthrough

Medical technology group, Compumedics (ASX: CMP), has won a major new contract in the United States for its world-leading computerised medical monitoring systems. The company, which develops and manufactures a range of medical devices and systems for sleep, brain and ultrasonic blood flow monitoring, installed Australia’s first computerised sleep clinic in 1987. Now it has…

Gupta’s Liberty steel play – BHP Steel writ large

Comment by Peter Roberts British businessman Sanjeev Gupta has announced a restructuring of his iron and steel making empire, using the very same strategy employed to build Australia’s steel industry, but on a global stage. As reported by @AuManufacturing, Gupta’s GFC Alliance is restructuring its UK steel and engineering assets, the Liberty Primary Steel works…

SEA Electric receives first US orders

Victorian electric truck drive train producer, SEA Electric has received its first orders from the United States following a successful public debut. CEO Tony Fairweather said feedback on the company’s products displayed on Ford and Isuzu platforms at the ‘Work Truck Show’ in Indianapolis and ‘Advanced Clean Transportation Expo’ in April had been favourable. He…

Bubs products to be sold in Chemist Warehouse

Listed goat’s milk infant formula and organic baby food producer, Bubs Australia (ASX: BUB) has entered into a four year partnership with the Chemist Warehouse retail group. The partnership will see Bubs products sold in Australia and New Zealand through 450 pharmacies, with the retailer progressively taking a strategic shareholding in the group, and aiding…

Australia’s $8 billion IoT market

By Stuart Corner US based TechSci Research has published an assessment of the Australian IoT market, broken down by platform, component, application and competition and with an assessment of the outlook and opportunities to 2024. TechSci Research says the Australian IoT market was worth $7.9b in 2018 and it projects the market to grow at…