MGA Thermal raises $5.7 million for energy storage

Clean energy company MGA Thermal has secured an additional $5.7 million in funding, taking its recent funding round total to approximately $14 million. The company, which is demonstrating the scale and industrial capabilities of its thermal energy storage systems, was supported by returning investors including Main Sequence, Melt Ventures and new investor JEKARA. The funding…

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EOS demonstrates counter drone capabilities in the US

EOS Defense Systems USA has participated in the US Army’s Project Convergence Capstone 4 (PC-C4) at the Army’s National Training Center in Fort Irwin, California. The subsidiary of Electro Optic Systems Limited demonstrated the capabilities of an R600 Remote Weapon Station (pictured) equipped with a Northrop Grumman M230LF cannon, coaxial machine gun, and four Javelin…

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Eight grants to develop priority defence capabilities

Eight small to medium-sized businesses delivering priority capabilities for Defence will be assisted by federal government grants totalling $3.47 million. The Defence Global Competitiveness and Sovereign Industrial Capability Priority grant programmes help Australian businesses boost manufacturing, harness their expertise and increase jobs. The latest recipients are: QPE Advanced Manufacturing (pictured) will receive $1 million to…

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Our great leap backward in China trade ignores China specialists

By Katie Howe Last week Prime Minister Albanese cheerfully welcomed the Chinese government’s removal of import duties on Australian wine. Following numerous government-to-government talks held in Canberra and Beijing over recent months, it was seen as a positive step in a new era of Australia-China relations. For winemakers, it was merely a small win on…

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Co-investment plan released for first of seven National Reconstruction Fund priority areas

The federal government has released its Medical Science Co-investment Plan, following the announcement of a proposed Future Made in Australia Act in response to international attempts to shore up domestic industry. The co-investment plan, released on Monday morning, identifies “a broad range of high-value investment opportunities” in medical technology, according to a statement, as well…

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Boeing to upgrade systems and sensors for P-8A aircraft

Aerospace company Boeing has been awarded a $139.5 million contract to deliver Increment 3 Block 2 software, systems and sensor upgrades to enhance the anti-submarine warfare, maritime strike and intelligence collection capabilities of the RAAF’s P-8A Poseidon maritime patrol aircraft. The RAAF’s first P-8A aircraft entered into service in 2016, with the latest upgrades supporting…

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Manufacturing SMEs invited to apply for CSIRO’s Innovate to Grow course

Applications have opened for SME manufacturers to apply for CSIRO’s Innovate to Grow, a free, ten-week, online program assisting companies “embarking on early-stage R&D or those venturing into new solutions”. In a statement on Monday, the nation’s science organisation said the intake of the Advanced Manufacturing cohort would be the first following the announcement of…

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