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…
Building and construction group Boral (ASX: BLD) today reported annual results little changed from the previous year, a creditable result given a slump in housing construction in Australia and the United States. Despite a 15 per cent decline in Australian housing starts and lower than expected growth in the US, Boral managed revenues of $5.9…
Comment by Peter Roberts Barely a day goes by without some sort of warning to Australia and Australian business that the future is at risk because of our political paralysis over the related issues of global warming and future energy needs. In little more than a week we have seen warnings of various kinds from…
Medical equipment manufacturer Optiscan Imaging (ASX: OIL) has announced its virtual biopsy technology has been selected for a cancer trial at the prestigious Memorial Sloan Kettering Cancer Centre in New York. The Centre will use the Optiscan system and confocal laser endomicroscope technology for an oral cancer human clinical trial to begin shortly. Optiscan views…
Melbourne electric vehicle drive manufacturer SEA Electric continues to release more images and videos detailing their all-electric van and light truck range. The company, which fits its drives on most van and cab/chassis platforms including Ford, Iveco and Isuzu, over the weekend released the main image (above) of its Isuzu F Series. Powered by SEA-Drive…
Building materials group Boral (ASX: BLD) is selling its Midland Brick subsidiary at the same time as one-time rival Brickworks (ASX: BKW) buys another brick maker in the United States. Boral today announced it has sold its Midland Brick business to a group of local investors to concentrate on construction materials. The company announced today…
Dental equipment and consumables manufacturer SDI (ASX: SDI) increased its profit and sales in the latest financial year as it navigates away from amalgam, the traditionally used material for filling teeth. The Melbourne manufacturer today announced net profit after tax was up 29 per cent to $7.3 million on sales up 6.8 per cent to…
By Peter Roberts Australia has embarked on massive local defence acquisitions without clear linkages to national economic, and ‘perhaps military-strategic impacts’, according to a paper published by the Australian Strategic Policy Institute. Author Rob Bourke, a former economic adviser to the Defence Capability Acquisition and Sustainment Group, called for a Productivity Commission inquiry into local…