Austal launches future USS Augusta Shipbuilder Austal’s Mobile, Alabama operation has delivered the future USS Augusta (LCS 34) to its customer, the United States Navy. This is the 17th Independence variant Littoral Combat Ship (LCS) built by Austal USA for the USN. Austal CEO Paddy Gregg said the delivery of the Augusta five months after…
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Rare earths and metals producer Australian Strategic Materials has announced a strategic partnership with US based rare earth magnet manufacturer Noveon Magnetics Inc. ASM, which is developing the Dubbo rare earths project in NSW, will supply Noveon with neodymium iron boron (NdFeB) alloy needed to make permanent magnets from ASM’s Korean Metals Plant (KMP). Ores…
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Poker machine manufacturer and online gaming developer Aristocrat Leisure is planning a massive $1.5 billion purchase of sports betting, online gaming and lottery operator NeoGames. The company said it planned to purchase 100 percent of the Israeli company which is listed on the US NASDAQ exchange to deliver on its real money gambling (RMG) ambitions.…
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South Australian Premier Peter Malinauskas has revealed details of a new Hydrogen and Renewable Energy Act which will slash red tape and streamline processes for the approval of green hydrogen projects. Speaking to the World Hydrogen Summit in Rotterdam he said there were currently a number of acts covering renewable energy projects, including the Electricity…
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Today in our editorial series Celebrating Australian Made, coinciding with Australian Made Week, we look at an industry that has boomed post-Covid. Here Peter Roberts profiles Leisure Technologies. Tony Maddison and his partner Andre Olivier are like many Australians, they love their caravans and touring the outback. So when the two friends were gathered round…
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Rapid welding machine manufacturer K-TIG is to raise between $20 million and $25 million from investors to enter the manufacture of containers to isolate nuclear wastes at the UK’s decommissioned nuclear establishments. The Perth and Adelaide company is to raise up to 125 million shares to enable it to purchase existing UK manufacturer Graham Engineering…
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CSIRO has opened applications for another round of its ten-week Innovate to Grow program, with a limited set of free places available for small and medium enterprise companies working in the health and medical technologies sector. According to CSIRO, the ten-week program “provides SMEs with the knowledge and tools to better identify and understand their…
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University of Wollongong (UOW) electrochemist Senior Professor Gerhard Swiegers has been named a 2023 Australian Research Council (ARC) Industry Laureate Fellow and awarded a grant of $3.7 million to further his research. The funding is for a project to accelerate the decarbonisation of industry by advancing the manufacture of high-efficiency water electrolysers that enable the…
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Seabin, a maker of floating buckets that suck in and filter waste such as oil and plastics out of ocean water, is launching its third equity crowd-sourced funding campaign on Tuesday. A message from the company on Friday said the round would help to scale up its nature repair impact data offering, which presented a…
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Australian manufacturer DECO which provides specialised aluminium building products and protective metal coatings is to switch 100 percent of their Capral aluminium purchases over to LocAl Green – Capral’s lower Carbon aluminium option. Prime Minister Anthony Albanese was present for the announcement of the decision on Friday at the official opening of the DECO Innovation…
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