Defence, space and communications manufacturer Electro Optic Systems has again failed to come to an agreement with major shareholder Washington H. Soul Pattinson that would secure its financial future. The company, whose share price has plunged as it faces a massive need for capital, is negotiating with WHSP a longer-term financing structure. The Canberra company…
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The federal government has released an audit of major defence projects which shows big slippages in delivery schedules and major cost over runs. The government put a positive spin on the figures saying that it was ‘moving to rectify significant and systemic issues in the delivery of crucial Defence capabilities’. However this is difficult to…
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By Bruce Mountain, Victoria University If future historians pick a point in time when Australia comprehensively turned its back on coal-fired generation, they may well point to AGL’s decision to bring forward the closure of Loy Yang A, the cheapest (excluding emission costs) power generator in the energy market spanning eastern Australia. AGL announced on…
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SMEs developing new cybersecurity solutions have been invited to join the free CSIRO-run “Innovate to Grow” R&D support program, which runs for ten weeks and begins December 1. The CSIRO said on Monday that new solutions were required to combat the rising incidence of cybercrime, with reported incidents up 13 per cent during the 2020-21…
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QuantX Labs has reached a major milestone in the development of its flagship technology, the Sapphire Cryogenic Clock or Cryoclock for short. Following nearly two years of work upgrades and improvements, the technology has passed through a full acceptance testing and is ready for inclusion into the Jindalee Operational Radar Network (JORN). JORN is a…
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The Victorian government is backing construction of a $43 million, state-of-the-art kombucha manufacturing centre in Dandenong, south east Melbourne. Remedy Drinks has combined all its operations, including research and development, manufacturing, warehousing and distribution into the new 18,000 square metre site – the same size as the MCG. Managing Director of Remedy Drinks Chris Gillard…
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Victoria backs low carbon manufacturing Businesses are being supported to upskill and capitalise on opportunities to manufacture low carbon products, with a new Low Carbon Manufacturing Grant Program announced by the Victorian government. The $7 million program will help Victorian businesses become more competitive in a low carbon economy, while strengthening the state’s supply chain…
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Today @AuManufacturing’s special editorial series, Land Forces 2022, looks at some uses of cold spray additive manufacturing in an interview with Titomic’s Dominic Parsonson. Satellite radiation shielding. Gun barrel manufacturing. Ballistic protection. Pressure vessels. To speak to Dominic Parsonson, Head of Sales at Titomic, is to hear a person discernibly excited about the potential –…
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Curious about what people were most interested in during the week just finished? Here’s what visitors to this site were reading. NIOA WINS CONTRACT FOR NEXT GENERATION ARMY WEAPONS The Federal Government has signed a multi-million dollar agreement with Queensland company NIOA to start acquiring and supplying the next generation of small arms for the…
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Adelaide solar panel manufacturer Tindo Solar and the University of NSW hwill work together to develop a novel agriPV solar panel that blends photovoltaic (PV) energy with agricultural function. The two organisations will build a commercially viable semi-transparent solar module that allows agricultural activities to be located beneath solar panel arrays, blending solar energy production…
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