By Peter Roberts Most of us have probably seen Lyre’s non-alcoholic spirits at the supermarket and reeled at the price – starting from around $45 a bottle for a, well, fake gin, whiskey or rum. But this UK company – which also manufactures in Australia – shows that innovation, timing and product quality in manufacturing…
The federal government has announced Defence Innovation Hub grants of $10 million ti support development of artificial intelligence (AI) technologies and defence industry. The investment supports the government’s new Blueprint for Critical Technologies and Action Plan, released by the Prime Minister yesterday, which included AI as one of nine listed critical technologies of national interest.…
SRJ Technologies Black Sky Aerospace blasts off Solid rocket fuel manufacturer Black Sky Aerospace has launched its Sighter 150 rocket from the company’s test and launch site near Goondiwindi, Queensland. The rocket a height of 30,000 feet in 30 seconds carrying software for a cyber security customer. This, the third in a series of test…
Engineering firm SRJ Technologies Group has begun an analysis of the future market for hydrogen as it progresses its plans to develop hydrogen-compatible pipe technology. The company has identified opportunities in leak sealing, mechanical connectors, isolation, repair and integrity solutions for blended hydrogen pipelines and hydrogen manufacturing facilities. The company also has a partnership with…
Australian autonomous vehicle technology manufacturer Baraja has announced a breakthrough high-performance autonomous vehicle sensing system which works at range, utilising per-point Doppler capabilities. The system, which is available to manufacturers to test in 2022 and is designed for volume production, is the first such system to be available for less than US$1000 per unit, according…
Nanosatellite developer Fleet Space Technologies today announced it had raised $35.8 million (US$26.4 million) in Series B funding, allowing the company to pursue its advanced nanosatellite technology for use in industrial Internet of Things (IoT) applications. The Adelaide company, now valued at $170 million, raised cash from existing shareholders Artesian Venture Partners, Blackbird Ventures, Grok,…
ADVERTISEMENT The Australian Manufacturing Forum and @AuManufacturing have launched a new value-added service for manufacturers, assisting companies access loans guaranteed by the federal government under its SMERL3, SME Covid-19 recovery scheme. The federal government in conjunction with banking and lending institutions have been providing government backed loans of between 50 per cent and 80 per…
Roadway signage and traffic systems company Traffic Technologies is to raise $10.3 million from investors through a non-renounceable rights issue which is underway. The company has previously raised $2.17 million from sophisticated investors including $1 million from First Samuel. The company, which manufactures traffic hardware and provides software for end to end traffic management, IoT…
Inflation from increasing costs of materials, labour and services have forced Hazer Group to increase estimates of the likely cost of its demonstration plant to produce hydrogen from biogas in Perth. The project at the Western Australian Water Board’s Woodman Point wastewater treatment plant was originally costed at $16.7 million and this was later raised…
Immuron’s Travelan anti-diarrhoea product has moved to the human clinical trial phase in a program led by the Uniformed Services University in the United States. Travelan, which is made in Melbourne and on sale through Chemist Warehouse, is a non-absorbable, safe product which is composed of anti-bacterial antibodies that work on the gut immune system.…
