Metals additive manufacturing technology company Titomic (ASX: TTT) has passed a substantial milestone successfully completing a trial order for a US defence customer. The company, which is commercialising a CSIRO-derived 3D printing process known as Titomic Kinetic Fusion, completed the order for defence company TAUV Intelligent Armour Systems. Under a $300,000 phase 1 contract, Titomic…
Sydney defence manufacturer Thomas Global Systems has completed delivery of key components of the Integrated Ship Control Management and Monitoring System for Australia’s Collins submarine fleet. The delivery, under stage 2 of an obsolescence remediation project, was of hardware for the updated Distributed Control Modules and Fixed Conning Consoles for the boats. Thomas Global’s CEO,…
We are often treated to predictions of the things that will change our lives in the future. Today’s infographic, which comes from MIT Technology Review, features Bill Gates’ predictions for the top 10 breakthrough inventions that will capture headlines in 2019 1. Gut Probe in a Pill These swallowable devices can detect and potentially prevent…
Australian anti-drone security company, DroneShield (ASX: DRO) has entered an agreement with R&D Capital Partners Pty Ltd which will enable it to access the equivalent cash to the R&D tax incentive long before they would otherwise receive it from the government. DroneShield has received the R&D tax incentive, most recently $500,000, each year it has…
New Zealand-based but Australian-listed dairy manufacturer, Keytone Dairy (ASX: KTD) has agreed to buy Byron Bay contract dairy manufacturer, Omniblend for a minimum of $22.6 million. In a deal which could be worth an additional $30 million to Omniblend should the business reach agreed milestones, Keytone will increase its production capacity by more than 5,000…
Leading Korean lithium-ion battery manufacturer LG Chem has joined with Victorian company Envirostream Australia to develop safe and innovative recycling solutions to reduce battery waste. Describing Envirostream as “one of the pioneering recycle-luminaries”, LG Chem said in a statement the partnership would develop solutions to increase battery recycling rates, which “is an increasing threat to…
Medical device manufacturer Cochlear (ASX: COH) has announced the launch of its latest Nucleus Profile Plus Series cochlear implant, and its approval for sale in the United States by the FDA. In a series of ASX announcements today the Sydney company announced commercial availability for the implant in Germany with other European countries to follow.…
Comment by Peter Roberts If you can have more farewells than Melba, then can you have more inaugurations that Rio Tinto? The media was ablaze over the weekend with reports that Rio had completed the inauguration of its $950 million autonomous rail system carrying iron ore in the Pilbara region of Western Australia. The remotely…
Canberra and Adelaide defence equipment supplier XTEK (ASX: XTEK) has entered into an agreement with Skykraft Pty Ltd to jointly engineer and manufacture components and small spacecraft and space launcher systems. XTEK, manufactures Unmanned Aerial Systems (UAS), tactical weapons such as sniper rifles, protection equipment, and explosive ordinance disposal (EOD) robots, while Skykraft is a…
In a major development for the company, Perth international shipbuilder Austal (ASX: ASB) has been added to the S&P ASX 200 index of top Australian stocks. S&P Dow Jones announced the addition, as well as a small number of other entries and exits from the elite list of top 200 Australian shares. Joining the list…
