Nova Systems plans SME summit to help grow sovereign defence sector

Defence industry technology group Nova Systems has revealed plans for an inaugural SME summit to grow and scale sovereign Australian defence capability. The company has invited Australian owned and operated defence Small and Medium Enterprises (SMEs) to attend the inaugural SME Summit which will coincide with the Indo Pacific maritime defence conference in Sydney next…

Labor promises an Australian Strategic Research Agency

The federal opposition has promised an Australian Strategic Research Agency in the style of highly successful overseas research models should it win the upcoming federal election. Opposition frontbencher Brendan O’Connor said the new agency would work closely with its counterparts, the ground-breaking US Defense Advanced Research Projects Agency (DARPA) and the newly created UK Advanced…

ECT plans Victorian hydrogen from lignite demonstration plant

Industrial technology groups Environmental Clean Technologies and GrapheneX will jointly develop Australia’s largest lignite (or brown coal) syngas into hydrogen and low emission electricity demonstration project at ECT’s site at Bacchus Marsh in Victoria. The companies have signed a joint venture agreement to rollout phase 2 of ECT’s Baccus March Coldry technology demonstrator which will…

Election 22 the real issues – political leadership by Lance Worrall

@AuManufacturing’s occasional editorial series on the real issues in the 2022 federal election continues today. Here Lance Worrall outlines the policy challenge if we are to achieve significant reindustrialisation. If ever a federal election needed to be fought on a future economic vision and strategy it is this one. Four powerful factors confirm this: the…

Cochlear buys hearing implant rival Oticon Medical

Hearing implant manufacturer Cochlear will buy competitor Oticon Medical for $170 million following a decision by its parent company Demant to exit hearing implants business activities. Cochlear has committed to providing ongoing support for Oticon Medical’s base of more than 75,000 hearing implant recipients, which includes cochlear and acoustic implants. Cochlear CEO Dig Howitt said:…