Melbourne-headquartered medical technology developer and manufacturer Neo-Bionica has announced the appointment of US-based Uli Gommel (pictured) as its new Chief Technology Officer. According to a statement from the company on Tuesday, Gommel will spearhead its mission to revolutionise the delivery to market of novel neuro-technologies and smart medtech devices. Neo-Bionica was established in 2021 –…
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Unmanned aerial vehicle engine manufacturer Orbital UAV is to raise $4 million via a placement to a new major investor associated with Coogee Chemicals and existing institutional backers. The raising, at 0.14 cents which is a 16.7 premium on today’s market price, has attracted as new shareholder the Executive Director of Perth manufacturer Coogee Chemicals,…
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By Peter Roberts Carbon fibre road wheel manufacturer Carbon Revolution has attracted a swag of leading automotive figures to join its executive team as the company moves towards a US stock exchange listing for its shares. The Geelong, Victoria company announced four US based senior automotive executives including: Bob Lutz, former General Motors Vice Chairman…
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The Queensland government has opened nominations for the inaugural Women in Manufacturing Apprentice Awards. In a statement on Monday, it said that awards would be presented at the first of what would be an annual event – the International Women’s Day Women in Manufacturing Breakfast – in 2024. According to the statement, the awards “seek…
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Cutting edge solar cars from around the world are assembling in Darwin for the 2023 Bridgestone World Solar Challenge (BWSC) which will test entrants, including from Geelong’s Deakin University, over the grueling 3,000 kilometre race. The Deakin ASCEND team is the only Victorian entry, alongside 41 other teams from 23 countries in the event which…
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By Peter Roberts News that Sanjeev Gupta’s GFG Alliance is pushing ahead with its move towards green steel production at the Whyalla steelworks comes as it is clear that the first mover producers of seriously low carbon products can expect strong market demand for their products. GFG’s Liberty Primary Steel over the weekend extinguished its…
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Sanjeev Gupta’s Liberty Primary Steel has extinguished the coke ovens at the Whyallla steelworks in South Australia after more than five decades in operation. Liberty, part of the GFG Alliance, took the step on the way to decarbonising its Whyalla operations – originally built by BHP and that played a key part in Australia’s war…
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Redflow raises further $6.75 million, totalling $11.65 million from Entitlement Offer Energy storage company Redflow told the ASX last week that it has received firm commitments from institutional and sophisticated investors for an additional $6.75 million (before costs) via placement of entitlement shortfall shares, at a price of $0.21 per share. Combined with approximately $4.9 million…
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No two days are the same when running any business, even at the best of times. But sometimes, companies will be forced to fundamentally reinvent what they’re all about. Many manufacturers will move from one line of work to a new one, either organically or because they saw disruptive change ahead. One famous example is…
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Breakthrough Victoria has announced an investment in Atmo Biosciences, a medical technology company that has developed capsules that are swallowed and electronically diagnose gastrointestinal disorders. Breakthrough Victoria — an independent company set up in 2021 to manage the state government’s $2 billion Breakthrough Victoria Fund — did not disclose the size of the investment. In…
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