Defence manufacturer Electro Optic Systems has confirmed its involvement in the US President Joe Biden’s latest assistance measures to Ukraine, with its equipment part of a system that can launch guided weapons from the tray of a utility vehicle. An EOS gimbal mounting system is part of the Vampire counter-drone system, itself part of a…
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Imagion completes move to new R&D, production facility Breast cancer detection company Imagion Biosystems has moved into new facilities housing its offices, R&D activities and nanoparticle synthesis operation. The facility provides additional manufacturing capacity for its specialised MagSense nanoparticles. These are coated with tumour targeting antibodies which are used to test for HER2 positive breast…
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Hanwha Defense Australia opened its new headquarters in Melbourne’s CBD on Friday, where up to 150 staff will work, including its leadership team, and finance, human resources and engineering staff. “This new facility brings together our diverse workforce, with room to grow,” said Richard Cho, Hanwha Defense Australia CEO in a statement. Hanwha is South…
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The industry minister Ed Husic has announced that the government’s examination of Modern Manufacturing Initiative grants has concluded and that announced grants will now be actioned. Husic said that the review showed the 68 grants were all supported by an independent Assessment Committee and the processes adhered to the publicly available Grant Opportunity Guidelines. He…
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Defence think tank the Australian Strategic Policy Institute (ASPI) has revealed that Ukraine is to purchase 300 Australian-made DefendTex Drone40s – a system not yet procured in quantity by Australia’s defence forces. ASPI reported a podcast with Ukraine’s ambassador to Australia, Vasyl Myroshnychenko in which he said that Ukraine had been searching for systens useful…
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Star Combo slips as inbound tourism remains weak Pharmaceutical manufacturer Star Pharma Combo saw a fall in sales in FY22 as its retail revenues through its AustoYou and Koala Mall channels continued to be impacted by the Covid-19 pandemic and low inbound tourism. Star Combo reported total revenue fell by 14 per cent to $22.9…
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Aerospace composites manufacturer Quickstep has agreed final terms for a multi-year firm order from Northrop Grumman Corporation for the supply of centre fuselage components for the F-35 joint strike fighter aircraft. The order, worth $151.4 million (US$105 million), is pursuant to the existing memorandum of understanding between the two companies for the supply of components…
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A ten-month R&D project nearing completion is about to improve the durability and performance of antiviral coatings for Australian made facemasks and other PPE items, according to those behind it.
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The Victorian government has announced $10 million in grants for SMEs to assist them in joining the supply chain for the $1 billion LAND 8116 Self Propelled Howitzer program. According to a statement from the state government on Thursday, the funding would involve grants of up to $100,000 for companies “to improve their capability” through…
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While manufacturers are investing to increase legal production of medicinal cannabis products, most Australians are still self-medicating with illicit cannabis, according to a study by the University of Sydney’s Lambert Initiative. The third Cannabis as Medicine Survey (CAMS20) did find, however that numbers accessing prescription products have risen dramatically. The study of 1,600 people using…
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