By Greg Jericho Australia’s economy is less an advanced economy than it is a petrostate style simple economy. That needs to change The announcement that the government would respond to the USA’s Inflation Reduction Act with the “Future Made in Australia” policy was a long time coming but welcome all the same. But while critics…
Details
By Peter Roberts Mining company Iluka Resources has awarded long lead procurement packages for key equipment for the company’s planned rare earths refinery at its Eneabba zircon mine in Western Australia – the first refinery for rare earths in Australia for the minerals used in high technology products. The company is procuring the roasting kiln,…
Details
Micro-X raises cash, accelerates product commercialisation Cold cathode X-ray machine manufacturer Micro-X has raised $4 million in a placement including from all four substantial shareholders and will embark on a share purchase plan to raise a further $1 million. The raising is being made at 9.5 cents a share, a 17 percent discount to the…
Details
Another step in the process of Australia acquiring, and eventually building, nuclear powered submarines has been taken with the first three Royal Australian Navy officers assigned to US Virginia class submarines based at Pearl Harbor in Hawaii. The officers, Lieutenant Commander James Heydon, Lieutenant Commander Adam Klyne and Lieutenant William Hall, were assigned after graduating…
Details
Sponsored After a successful Idea to Launch Masterclass hosted in Holland this year, Sopheon moves to Melbourne for a full two days of impactful training and workshopping over the 31st April and 1st May 2024 at the Melbourne Business School. Register now as numbers are limited. The Idea to Launch Masterclass articulates a Systematic Innovation…
Details
Drone detection and countermeasure manufacturer DroneShield has topped off a year of rapid growth with a fully underwritten $75 million capital raising. The company is raising $70 million via a share placement, and an additional $5 million through a share purchase plan. The cash will be used to build up inventory to support a sales…
Details
Below is the introduction speech from @AuManufacturing’s Australia’s 50 Most Innovative Manufacturers awards event, held on April 18. You can view the 2024 list here. Good morning and welcome. We acknowledge the traditional owners of this land – the Gadigal people of the Eora nation – as we begin this event. When we launched this…
Details
@AuManufacturing’s Australia’s 50 Most Innovative Manufacturers for 2024 were announced to a full room at Cockle Bay Wharf’s rooftop L’Aqua venue on Thursday morning. After a five-month campaign and the assessments of five expert judges, the list for this year can be made public. This title expresses its great thanks to the second annual event’s…
Details
The first prototype Ghost Shark autonomous undersea vessel (pictured) being developed for the Royal Australian Navy has been completed. The name references Boeing’s successful development of the unmanned aerial vehicle (UAV) Ghost Bat for the RAAF. Developed in Sydney by US start up Anduril, the company has previously shown a 2.8 tonne ‘Dive-LD’ autonomous submarine,…
Details
Drone detection and countermeasure manufacturer DroneShield can look forward to greater opportunities selling to European militaries following an approval from the NATO Support and Procurement Agency (NSPA). The approval awarded via COBBS BELUX BV, DroneShield’s in-country Belgium and Luxembourg partner, is the first Counter-small UAS procurement framework agreement in NATO history. The initial agreement is…
Details