Adelaide-based wire arc additive manufacturing specialist AML3D has announced firm commitments for a share placement worth $3 million, before costs, which it will use to support its expansion into the US. The capital raise saw shares issued at $0.072 each, a 23.8 per cent discount to the volume-weighted-average-price (VWAP) for the 15 days before the…
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By Ian Mackinnon, Queensland University of Technology and Richard Taylor For most of us, transmitting power is an invisible part of modern life. You flick the switch and the light goes on. But the way we transport electricity is vital. For us to quit fossil fuels, we will need a better grid, connecting renewable energy…
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The Innovative Manufacturing Cooperative Research Centre has concluded its seven-year term, it announced on Tuesday. The CRC – which published a report by ACIL Allen in December showing a projected $4.2 billion in new revenues and 6,000 new jobs by 2030 as a result of its projects – supported 71 projects over its term, involving…
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Engineering firm Downer has been named the preferred supplier on the Queensland government’s plan to build 65 new passenger trains in the state. Transport minister Mark Bailey said Downer’s proposal offered “strong value for money, leading-edge accessibility and a modern design, whilst delivering maximum benefit to the region and to our great state. Downer was…
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Wastewater treatment company SciDev has won a new three-year contract to supply its MaxiFlox treatment chemicals to Australia’s largest zircon mine and processing plant near Ceduna in South Australia. The company will supply the flocculant chemicals to Illuka Resources’ Jacinth-Ambrosia operation (pictured) under a $14 million extension to its existing supply contracts. Maxiflox is used…
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Drone detection and countermeasure business DroneShield has announced firm commitments for $10.9 million in a placement, and that it is undertaking a share purchase plan for current investors to raise a further $3 million. Shares in each case were issued at 30 cents each, a discount of 18.9 per cent on the price at the…
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Spoehr joins circular economy advisory group Professor John Spoehr, Pro Vice-Chancellor (Research Impact) and Director of Flinders University’s Australian Industrial Transformation Institute, has joined the new Circular Economy Ministerial Advisory Group. Reporting to federal environment minister Tanya Plibersek, the advisory group will work with state and territory environment Ministers, industry leadership and the 15-member national advisory group…
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Australian defence radar systems manufacturer CEA Technologies has been awarded a $277 million contract to provide advanced capabilities for Australia’s electronic warfare ranges as part of major upgrades to upgrade electronic attack capabilities. Canberra-based CEA will provide a number of fixed and portable emitters to support training exercises and strengthen capability across the Australian Defence…
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By Peter Roberts The nature of the final arrangements to be announced in March for the construction of Australian nuclear submarines is becoming clearer. As envisaged by the original Aukus agreement between Australia, the UK and the US, the programme will likely be a genuine three-nation effort to boost submarine capability in all three nations,…
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There are mixed signals from government when it comes to sustainability, according to Holloway Group. Brent Balinski speaks to the company’s Matt Holloway and Jim Prior. Last week Victoria banned the sale of single-use plastics, following a similar ban in November in NSW. Among the banned items are single-use expanded polystyrene food and drink containers.…
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