Perth global shipbuilder Austal (ASX: ASB) had a breakthrough year in 2019 reporting record-smashing revenues, profit and cash flow. The manufacturer of multi-hulled aluminium passenger ferries and naval warships reported EBIT up 46 per cent to $92.8 million, on revenues up 33 per cent to $1.9 billion. This translated into operational cash flows that were…
Adelaide technology and services provider FrazerLab has signed a 10- year agreement with the Defence Science and Technology group (DST) to commercialise its new radar technologies. The small start-up, headed by former DST scientist Dr Gordon Frazer, will commercialise the next generation of high frequency radars. HF radar is a key element of Australia’s Jindalee…
The world’s largest food manufacturer Nestle is investing in supply chain transparency through a collaboration with OpenSC, a blockchain platform that allows consumers to track their food back to its source. The company, also Australia’s largest food manufacturer with six factories, is the first major food and beverage company to pilot open blockchain technology. Founded…
Defence equipment supplier GaardTech has launched a range of full size robotic military targets for use in real-world combat training. The company announced on Linkedin that its full size 3D robotic tank target is now available for viewing at its Brisbane factory. The tank target is capable of travelling over all terrain at 30 kilometres…
Biotechnology start-up Next Science (ASX: NXS) has emerged as one of the top five performing stocks on the ASX with investors recognising a promising new platform technoogy. The company, which raised $35 million to develop its technology to kill bacteria, rose 35 per cent on listing in April, as reported in @AuManufacturing news. Now its…
Australia’s largest meat processor and exporter Teys Australia has turned to biogas to power a plant expansion which will see it launch a new value added meat brand. The company revealed that its Teys Naracoorte Beef Processing Facility had captured biogas from a Covered Anaerobic Lagoon and used it for the first time to fuel…
Semiconductor technology company BlueGlass (ASX: BLG) has opened its new $6 million manufacturing laboratory in Sydney as it moves to commercialise novel opto-electronics devices. The company is developing its patented remote plasma chemical vapour deposition (RPCVD) technology to make high performance and cheaper devices. The new laboratories incorporate two new clean rooms which house two…
By Stuart Corner of IoT Australia The UK based Global Cyber Alliance (GCA) has launched the Automated IoT Defence Ecosystem (AIDE), billed as a first-of-its-kind cyber security development platform for IoT products. It aims to enable small businesses, manufacturers, service providers and individuals to identify vulnerabilities, mitigate risks and secure IoT devices. GCA says AIDE…
Brisbane mining equipment manufacturer Austin Engineering (ASX: ANG) strengthened its finances and boosted profits despite a 14 per cent decline in revenues in 2019. The company today reported EBITDA up 60 per cent to $14.2 million on revenues of $275 million, a fall of 14 per cent on the previous year. The company also enjoyed…
Radio and satellite communications equipment manufacturer EM Solutions has won a $6.5 million order from the French Thales defence group for an unspecified connectivity project. The deal, the latest in the two companies commercial relationships which were formalised in a framework agreement in 2016, is for satellite radio systems. The Brisbane company will supply its…
