Sustainable infant, toddler health and plant-based ingredients company Forbidden Foods has raised $5.5 million from a share placement to investors to buy plant-based snack and bar manufacturer Blue Dinosaur and further expand its businesses. Forbidden, which produces the FUNCH and Sensory Mill brand foods, purchased Blue Dinosaur for $4 million. The company had FY21 revenue…
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Why can’t Australia make the mRNA vaccines? That’s not actually the right question to ask. The crucial issue is why Australia hasn’t been producing the type of companies that can make mRNA vaccines. Why don’t we produce more start-ups like BioNTech or Moderna – the two companies that developed and brought the mRNA vaccines to market?
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Incitec Pivot’s Waggaman, Louisiana ammonia plant has again been forced to shut with tens of millions of dollars lost – this time through a deliberate closure during the recent Hurricane Ida. Since its opening the plant has failed numerous times with lost production and repair costs exceeding $100 million. Today the company revealed Waggaman had…
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A new report carried out by Flinders University researchers for the Australian Sovereign Capability Alliance has said the nation lacks a proper national strategy around capability, and recommends a 100-day review of supply chains. The research was carried out by Flinders University’s Australian Industrial Transformation Institute for the ASCA. The latter is led by Martin…
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By Brent Balinski It’s regular nowadays that you’ll read a report of some milestone Australian bit of space industry news, whether it’s around a satellite deployment, funding round or launch. Just on Friday, the biggest rocket launched from Australia in 40 years — albeit a Taiwanese-made craft — was scheduled to take off from Southern…
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By Peter Roberts Minister for defence industry Melissa Price today announced former Rio Tinto Australia managing director David Peever would lead an independent review of defence innovation, science and technology. However despite promising ‘a comprehensive review’, Peever has been given very little time to canvas opinion, with the government expecting a full report by the…
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By Peter Roberts The RAAF and UNSW Canberra’s M2 satellite mission into low Earth orbit (LEO), reported elsewhere today by @AuManufacturing, is an exciting return to space by Australian space scientists. But it is not only defence and academic scientists that are demonstrating new technological capabilities as Australia re-enters the space domain it all but…
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UNSW Canberra has conducted a controlled separation of the Australian M2 satellites which have been orbiting the globe since being launched in New Zealand by Rocket Lab in March. The mission, a collaboration between the University of New South Wales (UNSW) Canberra Space and the Royal Australian Air Force, conducted the separation phase into two…
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Perth marine systems manufacturer VEEM has conducted sea trials off the coast of Fremantle, WA of a 60 metre vessel featuring the company’s largest gyrostabilizer, the VEEM Marine Gyrostabilizer VG520SD. The vessel, a Damen YS 5009 exploration vessel the M/Y UMBRA (pictured), had been purchased by an Australian yacht owner to extend and refit for…
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University of Sydney spinout business Gelion will have its zinc bromide batteries made at Battery Energy’s Fairfield, western Sydney factory. “We are excited to work with Battery Energy. Its 30 years’ experience delivering customer-focused power solutions in tough environments will be invaluable [in] helping us deploy our technology in our own backyard,” said Gelion CEO…
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