Medical screening and diagnostic company BCAL Diagnostics has announced the establishment of a US subsidiary BCAL Diagnostics, Inc. to speed the development of the company’s non invasive tests for breast cancer. The company has purchased equipment from its development partner Precion Inc. required for the functioning of a US laboratory. It has leased offices and…
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By Peter Roberts Well, it has finally come to this. Manufacturing in Australia really has sunk to a low ebb when this nation blessed with rich agriculture regions can barely make even the most humble of products. I confess to being an occasional eater of baked beans – they must have been something my dear…
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Mining and energy company Fortescue continues to try to reverse a widely held impression that it has gone soft on green energy and hydrogen in particular. Only two months ago the company reorganised its energy business deprioritising a number of green hydrogen projects and, according to some reports, ‘pivoting downstream along the conveyor belt to…
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Defence and communications manufacturer Electro Optic Systems has executed a recovery reporting an underlying EBITDA profit of $11.5 million for the half ended 30 June, compared to an Underlying EBITDA loss of $14.8 million in the previous corresponding period. The manufacturer of remote weapons systems used in Ukraine reported group revenue of $142.6 million for…
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A new $7.1 million Manufacturing Centre of Excellence has been launched in Maryborough, QLD, with train manufacturing a key focus.
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The federal government has released a 2024 Defence Digital Strategy and Roadmap, which sets out Defence’s approach to delivering information and communications technologies (ICT) . The Defence Strategic Review said that ICT is critical to Defence and modern warfighting capability, and underpins Australia’s preparedness to meet strategic circumstances. The eight page Strategy and Roadmap outlines…
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Global explosives maker Dyno Nobel has opened a new automated electronic detonator plant.
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Labor’s major plan to reinvigorate Australian manufacturing needs the ability to pull taxpayer funding from underperforming projects, industry think tanks say.
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Bioenergy developer Delorean Corporation has secured for its first build, own, operate bioenergy infrastructure projects at Salisbury north of Adelaide. The company executed a binding Term Sheet with Tanarra Restructuring Partners for the provision of a 3-year term corporate finance facility package of up to $30 million. $5 million will go towards working capital while…
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Drone engine manufacturer Orbital Corporation (Orbital UAV) has established a collaborative agreement with Dynamatic Technology to integrate an Orbital 150cc Heavy Fuel Engine (HFE) into a Dynamatic designed UAV for potential supply to defence forces. Dynamatic Technology is an Indian based manufacturer of highly engineered, mission critical products for the Aerospace, Automotive and Hydraulic industries.…
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