IDT Australia’s strong year as it develops mRNA technologies Independent pharmaceutical manufacturer IDT Australia has reported revenues up 74 per cent in the first half FY 22 to $8.56 million as its developed its capabilities in sterile manufacturing. Profit after tax was $1.21 million, up slightly from $1.12 million in the previous corresponding period. During…
Details
Sydney’s Boomerang Labs is taking applications for its free six-month accelerator program for circular economy entrepreneurs. Between six and ten applicants will be selected for the accelerator, which is sponsored by EY, Bingo Industries and the NSW Environment Protection Authority. The program is split into Foundations, Partnerships, and Capital Raising modules. Applications are open until…
Details
The famous Australian Made logo is not changing or being replaced, despite the release by Austrade of a kangaroo-based Nation Brand. That latest release follows the dumping of the first iteration of the Nation Brand – the infamous gold ‘Wattle mark’ – that drew unfavourable comparisons to images of the coronavirus. The Wattle mark has…
Details
Australian researchers and businesses have been invited to be a part of a moonshot project led by electric vehicle company Polestar, which aims to launch a “truly climate-neutral” car for release in 2030. The Swedish auto company announced its Polestar 0 project in April last year, and this week it is seeking expressions of interest…
Details
By Peter Roberts The Australian group commercialising boron nitride nanotubes (BNNTs) across a range of industries, PPK Group has reported progress across its investments and an uplift in the value of its intellectual property. The group, which manufactures BNNTs and supplies partly owned businesses developing body armour, dental implants, advanced batteries and alloys among others,…
Details
Building products company Speedpanel has been awarded a $100,000 grant to refine its steel manufacturing processes in a ten-month project with Deakin University and the Innovative Manufacturing CRC.
Details
Australia’s only manufacturer of solar panels, Tindo Solar has revealed its first utility-scale solar PV panel with claims of unrivalled energy efficiency and longevity. The company, which is commissioning a new production line at Mawson Lakes, Adelaide, had its utility-scale solar PV panel tested by independent tester of electrical equipment TUV SUD Korea. They found…
Details
By Peter Roberts A blueprint for a new National Industrialisation Strategy has been issued in the runup to the federal election that could guide a reindustrialisation of Australia. The blueprint, High Value Manufacturing for the 21st Century – is a new report from the Australian Industrial Transformation Institute, Flinders University and its director Professor John…
Details
Premium beef producer Kilcoy Global Foods Australia is to invest $50 million in a new food production facility on Queensland’s Sunshine Coast according to media reports. The Chinese-owned company, which distributes six beef brands to local and international food service and retail customers, will open the factory by the end of 2022 and create 300…
Details
Australia’s quantum academics need to accept the government will limit their international collaborations with world leading researchers because of an increasingly contested geopolitical environment, according to Chief Defence Scientist Professor Tanya Monro.
Details