Movus makes waves with IoT device

Twelve months on from securing $4.8M in Series A funding, MOVUS, the developer of Industrial IoT sensor, FitMachine, has increased the scale and reach of the company. MOVUS has increased staff from 12 to 25, expanded its R&D facilities and committed to manufacturing its FitMachine wireless IoT sensor in Queensland. Last year’s funding round by…

Peter Roberts – on the road in Kuala Lumpur

By Peter Roberts in Kuala Lumpur I have been travelling to Malaysia for more than two decades since I worked in the region but nowadays my view of the city has been transformed. While once it was easy to dismiss Malaysia as a developing country compared to my home in Australia, progress in the capital…

Probiotic expands manufacturing with packaging buy

Pharmaceutical company Probiotic (ASX: PBP) has increased its manufacturing footprint with the purchase of Sydney packaging company ABS, formally Australian Blister Sealing. Probiotic paid $23 million for the 40-year-old Seven Hills company which provides contract packaging services for the pharmaceutical and food sectors, including bottle filling, labeling and blister packaging. Probiotic managing director, Wes Stringer…

Bombardier wins new Adelaide train order

Bombardier Transportation’s Dandenong, Victoria factory will produce another 12 train sets for Adelaide’s ongoing rail network electrification project. The company, which provided 22 A-City train sets for the city’s first electrified suburban line to Seaford, has won a contract variation to add another 12 of the three-car sets from the state government. The A-City trains…