Company incubator Space Tank has won the prestigious Museum of Applied Arts and Sciences (MAAS) Good Design Award for its Rapid Shield face shield personal protection equipment (PPE). Part of North Melbourne’s Assistive Technology Cluster of firms created by Steve Zanon, founder of Proactive Ageing, Space Tank fast tracked the design and production of the…
Rare earths producer Lynas Corporation has successfully raised $425 million in fresh equity from investors. The company, the only major supplier outside China of rare earths used in high technology products, raised $114 million in an entitlement offer with existing shareholders. Fourty four per cent of shareholders agreed to subscribe new equity. Together with funds…
Drone countermeasure manufacturer DroneShield has announced deals with the US Military and the forces of a South East Asian nation within the space of 24 hours. The company has received US Department of Defence funding to further develop its DroneShieldComplete command and control system. And today it revealed it had received an order for a…
Explosives group Orica’s in-line ore fragmentation measurement technology, FRAGTrack has won a Good Design award in engineering for outstanding design and innovation. FRAGTrack automatically and accurately measures rock size and fragmentation following the blasting stage in mining and quarrying. Optimal fragmentation can greatly reduce energy consumption, improve equipment productivity, and increase production rates in minesites,…
Space, communications and defence equipment manufacturer Electro Optic Systems has restarted exports of $150 million worth of weapons systems stalled by shutdowns during the Covid-19 pandemic.
Analysis by Peter Roberts You could be forgiven for thinking that federal and state governments have massively boosted investment in infrastructure projects to help Australia move through the Covid-19 related recession. There are seemingly daily mutterings from Canberra of big spending, coming soon…but apparently not actually coming at all. New figures from Infrastructure Partnerships Australia,…
The Australian Manufacturing Workers Union (AMWU) has called for immediate assistance to manufacturers as more than 61,000 manufacturing jobs were lost over the June quarter. According to the Australian Bureau of Statistics labour accounts the number of full time jobs in manufacturing shrank from 941,000 in March to 880,000 in June. Underutilisation of workers –…
A long-time member of the Australian Manufacturing Forum is stranded in Europe and desperate to return to manage their business in Australia – but government travel restrictions on returning to Australia have not been exactly helpful, as the latest airline ticket cancellation (pictured) suggests. This is the story so far, by an AMF member. I…
Bio-separation company Memphasys has received a $1.29 million tax rebate under the R&D tax incentive scheme. The payment is a refundable tax offset of eligible expenses on research and development. The company is developing the Felix device, an instrument used in in vitro fertilisation that separates high quality sperm from a semen sample, improving the…
A plan to build hydrogen production facilities along the east coast of Australia has begun with the agreement this week to construct the Bundaberg Hydrogen Hub in Queensland. The facility, which will cost approximately $300 million, will provide green hydrogen for a wide range of industrial and vehicle uses. The agreement signed this week between…
