Pharmacy supply company Wellnex Life will defer payment for its takeover of natural topical pain relief brand Pain Away as it seeks a dual listing for its shares in London. Wellnex Life has entered into an agreement with 365 Health, the vendors of Pain Away, to delay the payment of a first instalment of $2.95…
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HMAS Parramatta – the final ship in the Anzac Midlife Capability Assurance Program (AMCAP) – recently had its new mast installed, as an 8-year upgrade programme for the Royal Australian Navy vessels nears completion. The new mast is the eighth to be manufactured by by BAE Systems Australia at its Henderson shipyard in Perth, through…
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Bus manufacturer Custom Denning has laid claim to be first in Australia to produce an electric bus equipped with pantograph fast-charging capability (pictured). Thirteen Element 2 buses are now equipped with pantograph charging, with the company demonstrating consecutive 1C fast-charging sessions using a single bus pantograph charger. The event was witnessed by representatives from Transport…
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Aurora Labs lands third defence PO Metal additive manufacturer Aurora Labs has received its third direct order from the Australian Department of Defence for advanced 3D-printed metal components. The order valued at $50,000 strengthens the strategic relationship between A3D and Defence, according to an announcement. The CEO of Aurora Labs Rebekah Letheby said: “This third…
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Rocket manufacturer and launch services company Gilmour Space Technologies was granted a launch permit on Monday afternoon, which it says is a green light for the first orbital test flight of a locally-made rocket from Australian soil. In a statement on Tuesday, Gilmour Space said the permit granted by federal industry minister Ed Husic and…
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The Australian Food and Grocery Council, the peak industry lobby for that sector, has warned that manufacturing costs have soared and are threatening the viability of its members. In a statement on Tuesday, the AFGC said while some costs – including for some commodities, energy, and shipping have slightly moderated – others are increasing, and…
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Steel manufacturer and distributor InfraBuild has become the first distribution business in Australia to secure accreditation under the Australian Steel Institute’s traceability standard. With the ASI, Steel Compliance Australia has awarded InfraBuild Steel Centre Dandenong the accreditation under AS/NZS 5131. The Australian Steel Institute amended the current standard to include traceability measures in the current…
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Tissue regeneration developer Osteopore is to invest in a new entity, Regen SPV, to be setup by scientists Dr Xianmin Zeng and Dr Brian Kennedy. Regen SPV aims to advance cutting-edge regenerative technologies, disease cures, and the promotion of geroscience and longevity. Its work will continue to advance the broader understanding of aging and the…
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By David Tuffley, Griffith University In a significant blow to Australia’s defence capabilities, the federal government is cancelling what would have been the nation’s largest-ever space project: a A$7 billion military satellite communications system. The decision was confirmed in a press statement today. It comes just 18 months after the Albanese government gave the green…
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The federal government has unexpectedly axed what was an iconic project to deliver an Australian Defence Satellite Communications System that would provide the ADF with a sovereign military satellite communications (MILSATCOM) system. Project JP9102 was to have been delivered by prime contractor Lockheed Martin Australia, with the company bringing in a growing number of local…
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