Boral and James Hardie shine in building materials sector

Building materials suppliers James Hardie Industries and Boral have both reported bumper results this week, including volume and margin growth, as companies learned to live with uncertain economic times. Hardies, listed in Australia and New York but with executives based in Chicago, Illinois, reported first quarter FY24 results including record global earnings before interest and…

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SA AgTech Growth Fund winners announced

Seven South Australian companies supporting primary production and agribusiness have been awarded approximately $600,000 in grants from the second round of the state government’s AgTech Growth Fund, designed to accelerate development and commercialisation. Grants of up to $100,000 are offered through the program to technologies addressing industry challenges regarding drought resilience and climate adaptation; carbon…

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Hypersonix signs US agreement, could supply up to 20 DART AE platforms to Kratos

Brisbane-based hypersonic aircraft company Hypersonix Launch Systems and NASDAQ-listed Kratos Defense & Security Solutions have announced an “exclusive teaming agreement”, with Hypersonix to potentially supply up to 20 DART AE hypersonic systems within the US market, integrated with Kratos’s Zeus family of solid rocket motors.  DART AE is a three-metre-long, single-use, hydrogen-fuelled hypersonic platform, which…

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