A new export industry for Australia – sending green electricity offshore via cable – has moved a step closer with news that the giant Sun Cable export project has raised new capital. Billionaires Mike Cannon-Brookes and Andrew Forrest led a $210 million Series B capital raising from existing shareholders announced on Sunday night. The fund…
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Unmanned aerial system (UAS) manufacturer Insitu Pacific has been announced as preferred supplier by the Australian Government to provide the new Tactical Uncrewed Aerial System (UAS) to the Australian Army under the LAND129 Phase 3 programme. Insitu, a division of the Boeing company, will initially deliver and provide support of its Integrator UAS (pictured) as…
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In March @AuManufacturing analysed the failings of Australian industry policy and its outcome – our fragile and narrowly based commodity economy. Here Lance Worrall looks forward to the elements of the reindustrialisation policy we need to reverse Australia’s economic decline. We need a strategy for reindustrialisation. Without it Australia is the loser. We need a…
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Austal delivers 14th Guardian patrol boat Shipbuilder Austal has delivered the 14th Guardian class patrol boat (GCPB) to the Australian Department of Defence. The vessel, FSS Tosiwo Nakayama, was then gifted to the Federated States of Micronesia at a certificate signing ceremony held at Austal’s shipyard in Henderson, Western Australia. The ceremony was attended by…
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International consumer product group Breville has purchased Italian coffee machine, grinder and barista tool manufacturer LELIT, expanding its range of offerings to the home coffee maker market. The Sydney company will pay $201 million to acquire 100 per cent of LELIT – half will be paid in cash with the remainder paid in Breville shares,…
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By Llewelyn Hughes, Crawford School of Public Policy, Australian National University and Thomas Longden, Australian National University Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious targets for…
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Today our special editorial series celebrating International Women’s Week profiling women leaders in composites, talks to Nicola Stanistreet, Sales Director, Pacific Resins. By Kerryn Caulfield.
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Iot satellite company Fleet Space Technologies has revealed a preliminary design for an Australian Moon rover vehicle. The design, part of the Seven Sisters consortium of leading space companies bid to be part of NASA’s ground-breaking Moon and Mars missions, was developed ‘courtesy of Hassel Studios’. Fleet Space’s CEO Flavia Tata Nardini said her company…
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Labor should it be elected at the upcoming South Australian state election has pledged $4 million to bring together up to 100 South Australian companies with university students and researchers to develop new manufacturing processes and products. Labor plans a Manufacturing Growth Accelerator program (MGA) at Flinders University’s Factory of the Future facility which will…
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A six-month R&D project led by Thales Australia will develop a carbon fibre composite overwrap, reducing the thickness of gun barrels and producing a lighter product with improved precision.
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