Altech Batteries has announced that it has progressed funding of its CERENERGY sodium-chloride solid-state battery project in Saxony, Germany, appointing key advisers to assist. The company, through its Germany subsidiary Altech Batteries GmbH, appointed a global big four professional services firm to assist in securing finance for the 120MWh CERENERGY battery manufacturing plant. The project’s…
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SciDev enters European PFAS treatment market Wastewater treatment company SciDev has entered the important European market for PFAS ‘forever chemicals’ treatment, securing its first commercial order in Europe. The contract with Swedish Hydro Solutions AB is for a containerised PFAS treatment system to remediate contaminated landfill site in Northeast Sweden. The initial value of the…
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Adelaide-based wire arc additive manufacturing business AML3D will continue its globalisation efforts, particularly in the US, with the raise of $30 million through a share placement. In a statement on Friday, the company said it has received firm commitments for the raise, at $0.19 per share. The proceeds will support initiatives including “more than doubl[ing]…
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Mechanical arm and gripper specialist Reach Robotics has announced a new contract with the Australian Defence Force, which sees the company scheduled to deliver a new manipulator system able to operate over 800 meters below sea by mid-2025. In a statement on Friday, the company – formerly known as Blueprint Lab – said it will…
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This week Russell Mineral Equipment was announced as the National Reconstruction Fund Corporation’s first investee, with the NRFC taking a $40 million stake in the company alongside US-based private equity firm Resource Capital Funds. Earlier this year, RME was a gold award winner in @AuManufacturing‘s Australia’s 50 Most Innovative Manufacturers campaign for 2024. Below is…
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Defence manufacturer Electro Optic Systems has sold off its naval satellite communications arm EM Solutions only five years after buying the business, further focusing EOS on its core business of Remote Weapon Systems. EOS entered into a binding share sale agreement to sell the Brisbane subsidiary to UK listed Cohort plc for an enterprise value…
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Navigation and autonomy manufacturer Advanced Navigation and European innovator NILEQ have signed a MoU to co-develop a resilient navigation system integrating its MBDA NILEQ absolute positioning technology. The co-developed solution will foster joint technology development between AUKUS partners the United Kingdom and Australia, and provide resilient absolute positioning for airborne platforms. The development comes amid…
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Gilmour Space Technologies has announced that it will provide a bus that will be part of an upcoming earth imaging satellite to be launched from India. In a statement on Thursday from Gilmour – best known as a launch services provider and rocket builder – it said its ElaraSat bus will be part of a…
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The Australian Aluminium Council has announced that it will integrate the Australian Aluminium Extrusion Association, saying this will create “a unified, independent advocacy voice” spanning “mine to market” for the sector nationally. In a statement on Thursday, the AAC said it will consolidate the other association into its membership and organisational structure. It said the…
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Winners were announced at a gala dinner in Canberra on Wednesday for the Australian Export Awards, now in their 62nd year, from a field of 88 finalists creating combined export earnings of more than $7.8 billion The Manufacturing and Advanced Materials category was taken out by food processing and packaging company TNA Solutions. TNA was…
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