EOS completes takeover, boosts profit forecast

Canberra-based electronics and systems developer Electro Optic Systems (ASX: EOS) has completed the takeover of communications business EM Solutions and released increased profit forecasts for the year. The company is now a subsidiary and a foundation for EOS’s new communications division, alongside its divisions in defence and space business. EOS’s expertise is in laser communications…

Defence industry boost needed for national security

Increasing regional strategic uncertainties require new defence industry policies to achieve military self-sufficiency, according to to military strategists. Writing in the journal of the Australian Strategic Policy Institute, David Harvey and Graeme Dunk said Australia was not prepared for conflict from fuel supplies to bullets and spare parts. They argue: “For Australia to be more…

Titomic process makes super-strong titanium parts

A $2.6 million aerospace structure research project has revealed the higher strength titanium of components made using Titomic’s (ASX: TTT) metal 3D printing technology. The research by RMIT, CSIRO and the Innovative Manufacturing Co-operative Research Centre (IMCRC) tested parts made with the Titomic Kinetic Fusion process (TKF). The TKF process is based on CSIRO technology.…