Manufacturers marking time waiting for the economy to recover can start to think of expansion again with movement around our capital cities close to pre-Covid-19 levels in some cases. An analysis of movement data in Australia’s capital city CBDs by Roy Morgan and UberMedia shows people are moving round at their highest levels in over…
Anti-infective drug development company Recce Pharmaceuticals is to test its lead compound RECCE 327 (R327) in a study of topical burn healing in humans. The company has been registered in the Australian New Zealand Clinical Trial Registry (ANZCTR), one of the final stages before Phase I/II clinical trials may begin. The Company’s clinical trial is…
Building products group Boral is to examine the future of its US fly ash businesses as the company continues to deal with fallout from its troubled venture into the North American market. The company told investors it was reviewing the businesses and would either retain control or enter into a joint venture, strategic alliance or…
By James Riley The Prime Minister Scott Morrison has committed a further $387 million to the massive Square Kilometre Array radio telescope in Western Australia’s Murchison region, including $64 million that will underwrite a new supercomputing centre. The square kilometre array project, which was conceived in the 1990s and designed in the late 2010s, includes…
By Peter Roberts It is so disappointing when you have covered an emerging technology and manufacturing story for years when suddenly you find out that the company you have been covering decides to site actual production overseas. It must be equally disappointing to readers. One of the earliest examples of this in @AuManufacturing’s two and…
Sydney start-up Q-CTRL will demonstrate its performance-boosting quantum computer infrastructure software in a real-world problem at the Australian Army’s inaugural Quantum Technologies Challenge later this month. Q-CTRL derives from research extensively funded by universities and the federal government, and applies the principles of control engineering to power quantum technology. Quantum computing stores information at the…
DroneShield discussing massive $60 million plus order Drone detection and countermeasure company DroneShield has revealed it is discussing an order potentially worth more than $60 million with a Middle Eastern Ministry of Defence. The company said it had received the remaining payment of $2.3 million for a previous order from the customer. CEO Oleg Vornik…
Nutritional dairy product manufacturer Wattle Health Australia has expanded its distribution capabilities with the purchase of pharmacy product developer and distributors Brand Solutions Australia and Pharma Solutions Australia (BSA). Wattle will pay $4.75 million in cash and shares for the business, which distributes Wattle’s Wattle Health, Uganic and Little Innoscents ranges, including through Chemist Warehouse…
Cold cathode X-Ray nachine manufacturer Micro-X has notched up modest revenues of $750,000 in the March quarter as it presses ahead with commercialising its unique lightweight, low-power X-Ray emitter technology. The Adelaide company, which has developed the world’s first and only carbon nanotube X-ray emitter, continues to make sales of its first product, the Nano…
By Peter Roberts They say that France does not give up its own companies, nor their global assets very easily, mobilising its forces to stop foreign takeovers. Just such a thing – perhaps called France Inc – seems to have happened to Australia’s waste management and recycling company Cleanaway’s agreement to buy the recycling and…
