ASC CEO will not renew current contract

The CEO of ASC — the government-owned company tasked with sustaining Australia’s current submarine fleet and building the upcoming SSN‑AUKUS submarine fleet with BAE Systems — will leave the role when his contract expires in January 2026. In a statement from the company on Friday, ASC said that Stuart Whiley’s time at the shipbuilder and…

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Towards 3% R&D webinar – capital markets fail innovation

As we near our latest webinar Towards 3% R&D – Where to from here? (more information and sign up here) Dr John Howard asks whether Australia’s capital markets are failing to support innovative companies. Dr Howard will speak at the webinar which follows our editorial series and e-book Towards 3% – turbocharging Australia’s innovation effort.…

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Ampcontrol names Alan Foster in new Executive Director role

Electrical engineering business Ampcontrol has announced the appointment of Director of Operations Alan Foster (pictured) to the new Executive Director role, which the company says will strengthen its manufacturing and see Foster “act as a conduit between the Ampcontrol Board and day-to-day operations”. In a statement on Thursday, Ampcontrol said Foster currently oversees manufacturing operations…

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Innovaero to further develop Owl loitering munition

Perth aeronautical engineering company Innovaero has flagged the acceleration of development of Australia’s first sovereign precision loitering munition capability following a new agreement with the federal government. The company will move into a third phase in the development of the OWL B precision loitering munition (pictured) with the manufacture, test, and evaluation of the capability…

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Hypersonix to launch hypersonic vehicles from SA

Hypersonic vehicles could be launched as early as 2025 following the signing of a MoU between South Australian spaceport provider Southern Launch and Queensland hypersonic vehicle and scramjet technology manufacturer Hypersonix Launch Systems. Under the MoU, Hypersonix and Southern Launch will work together to develop a mission to launch and return Hypersonix’s test bed vehicles…

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