Drone counter-measure manufacturer DroneShield has entered into an agreement with a provider of capital that will enable it to draw down future payments from the federal government under the R&D tax incentive scheme. The company entered an agreement with R&D Capital Partners enabling it to access funds equivalent to the majority of a payment expected…
Sleep apnea device manufacturer ResMed has reported an operating profit up 31 per cent in the third quarter as it pivots towards products used to fight Covid-19. The company reported revenues up 16 per cent on the previous corresponding quarter to $ 1.19 billion (US$769.5 million). The company, which makes sleep apnea machines and hospital…
Welding technology developer K-TIG secured a number of new customers for its welding as a service (WaaS) business during the March quarter even as its shares languish on the ASX. The company reported good progress with customer acquisition in the quarter, adding Glenfield Engineering, Aqseptence Group and John Zink Hamworthy Combustion as licencees. John Zink…
Australasian dairy powerhouse Fonterra has joined with a German start-up to provide research and product development expertise for the development of new milk products and foods. Fonterra has entered into a strategic partnership with YFood and made a ‘small investment of capital’ in the business which focuses on what the company calls ‘complete food’ for…
Engineer Dr John Blakemore adds to @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing post Covid-19 with lean, agile policy ideas. The covid-19 pandemic has exposed Australian supply chains and our lack of independent manufacturing capability to a significant extent and clearly demonstrated that the policies of the past need to change.…
We can’t repeat the mistakes of the past as we develop policy to create opportunity for businesses and boost their capabilities. Here Narelle Kennedy joins @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing post Covid-19 with thinking based on objective research. It is no surprise that Australian manufacturers are strong early responders…
Robern Menz, the Adelaide confectioner which re-introduced the Violet Crumble chocolate bar to Australia, is set to bring back another icon – the Polly Waffle. The company bought the rights to make both chocolate bars from Nestle, and immediately re-worked its existing honeycomb production lines to make the Violet Crumble. Now the federal government has…
Comment by Peter Roberts With Australia reassessing the strategic necessity of local manufacturing post Covid-19 it is salutatory to take a look at the sad case of missed opportunity for the nation that is rare earths producer Lynas Corporation. The Perth company is the world’s second largest rare earths producer and the only significant producer…
The lesson from Europe suggests that networking and clustering of small firms is a key to manufacturing success. Here Rodin Genoff shows how it should be done as he joins @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing post Covid-19. Thriving nations with the highest wages and living standards in the world…
By Stuart Corner of IoT Australia Australian company Leash It, which provides Bluetooth-based tracking technology for assets and individuals, has evolved its technology to provide contact tracing of workers in places such as construction sites, hospitals and factories. Leash It founder and CEO, Tony Lotzof told IoTAustralia that the technology could avoid a workplace being…
