Brisbane battery technology company Vaulta has received its first international investment as its aim to close the loop on a circular economy through recyclable batteries goes global. Vaulta, a three-year-old company founded by design engineer Dominic Spooner, creates recyclable batteries from no-weld, easy-to-disassemble cases. These cases allow for internal cells to be removed, recycled and…
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University of Sydney spin out company Kinoxis Therapeutics has turned R&D into novel therapeutics for social dysfunction and substance use disorders into a $266 million windfall. The company has entered into a strategic partnership and licensing agreement with pharmaceutical company, Boehringer Ingelheim to develop novel treatments for psychiatric patients with social dysfunction symptoms. Kinoxis’ lead…
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Today we continue our sponsored series reporting on BAE Systems Australia’s Partnering for success defence industry supplier event, with a look at a new way of innovating which is speeding time to market in defence – normally a long, drawn out process. Australia’s largest defence supplier BAE Systems Australia has moved to speed up the…
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Applications are open for support payments worth between $1,000 and $10,000 through Manufacturing Skills Australia’s Industry Development Fund. According to an invitation for nominees on MSA’s website, the funding will help those “seeking support for individual skilling and development that is not supported by any other funding opportunity.” Nominees can be aged between 15 and…
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By Archie Chapman, The University of Queensland There were an estimated 100 million individual solar photovoltaic (PV) panels in Australia at the end of 2022. We estimate this number will likely grow to over 2 billion if we are to meet Australia’s 2050 net-zero emissions target. This growth means Australia is facing a 450,000-tonne mountain…
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L3Harris Micreo is to manufacture 80 new explosive ordnance disposal robots (pictured) for the Australian Defence Force under a just signed, $46 million contract with the federal government. The Queensland company, formed in 2002 as part of the global L3Harris defence business, will provide robots that carry cameras and sensors with an improved ability to…
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Today we continue our sponsored series reporting on BAE Systems Australia’s Partnering for success defence industry supplier event with a look at the Beacon STEM program for primary schools. BAE Systems Australia is expanding its science, technology, engineering and maths (STEM) outreach program with immersive technology company, Lumination, to young people in Victoria. This means…
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Minister for Climate Change and Energy Chris Bowen and other members of parliament inspected the ACE EV Transformer electric van (pictured) during its official launch yesterday at Sydney’s Smart Energy Expo. Bowen was joined by Zali Steggall and Senator David Pocock who were shown vehicle features including advanced composite molding technology and a smart mobile…
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Drone engine maker Orbital Corporation has announced the signing of a development contract with defence technology company Anduril Industries. In a short ASX announcement on Thursday morning, Perth-based Orbital said an initial contract worth approximately $3 million would lead to prototypes delivered for ground testing by January next year. The two companies had announced an…
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@AuManufacturing’s sponsored series reporting on BAE Systems Australia’s Partnering for success defence industry supplier event, turns to a different type of partnership – that between SMEs themselves vying for defence contracts. Here is REDARC Electronics’ partnering story. It is not only defence prime contractors partnering with defence SMEs that is powering the defence sector today,…
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