EOS SpaceLink satellite network a step closer

Space, defence and communications manufacturer Electro Optic Systems is a step closer to launching its ambitious SpaceLink global satellite network following export finance backing from the federal government. Export Finance Australia will provide conditional finance for up to US$80 million of debt funding for the initial satellite communications constellation to be launched by EOS subsidiary…

Avecho cannabis product effective for arthritis

Drug delivery company Avecho has announced positive results from its Phase 2a studying its topical cannabinoid gel for the management of pain associated with osteoarthritis of the hand. The study dosed patients over a four-week period, with the study demonstrating statistically significant daily improvements in hand pain, hand functionality, grip strength, finger stiffness and anxiety.…

Fleet Space Technologies uses IoT for surveying for minerals

Iot satellite manufacturer Fleet Space Technologies has revealed GeoSphere, a first-of-its-kind system that is a passive, non-destructive technique to assess site viability for mineral and material deposits. According to social media posts GeoSphere combines wireless Geodes, intelligent cloud processing and a constellation of low earth orbit (LEO) nanosatellites to discover critical resources up to 100…

Manufacturing news briefs – stories you might have missed

Savic motorcycle wins Victorian Premier’s design award Australian designed electric motorcycle, the Savic C-Series (pictured), has won the 2021 Victorian Premier’s Design Award of the Year. Designers Dennis Savic of Savic Motorcycles and David Hendroff’s mission was to design a head-turning motorcycle that combined the power and handling of a traditional cafe racer with the…