K-tig relists on stock market after raising $7m

High-speed welding technology developer K-TIG (ASX: KTG) has rejoined the Australian stock exchange after raising $7 million from investors. The company is commercialising a former CSIRO technology known as Keyhole TIG which operates at a fraction of the cost and time of conventional systems. The listing was a backdoor listing, involving the purchase of Serpantine…

Lithium Australia makes batteries through recycling

Perth’s Lithium Australia (ASX: LIT) has announced it has successfully created lithium ion batteries (LIBs) from materials recycled from spent batteries. The company, which operates mines and is developing a recycling technology with nuclear organisation, ANSTO, produced lithium-ferro-phosphate batteries at its VCPC pilot plant in Brisbane. As reported in @AuManufacturing news in August, Lithium successfully…

UK and Australia to collaborate on hypersonic travel

The Australian and UK government have named hypersonic travel as one area of industrial co-operation likely to come from a ‘space bridge’agreement between the two countries. Industry minister Karen Andrews talked about hypersonics for the first time in an interview with the Channel 7 Sunrise programme. According to a transcript, she said hypersonic travel could…

Titomic and Gilmour Space join forces

Metal 3D printing company Titomic (ASX: TTT) has joined forces with Queensland’s Gilmour Space Technologies to develop high-performance rocket and aerospace components. Titomic, which is commercialising its Titomic Kinetic Fusion (TKF) manufacturing process, will co-operate with rocket developer Gilmour ‘across multiple exciting fields within the global space industry’. The areas of cooperation are: • Performing…