Laserbond enters WA market through Gateway acquisition

Surface engineering technologies company Laserbond has entered the Western Australian engineering market with the purchase of 40 percent of Gateway Parts & Equipment for $10 million. Laserbond has the right to acquire further shares after three years to obtain 51 percent of the company, with any subsequent purchase necessitating the approval of Gateway shareholders. The…

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NSW government announces $275 million in net zero manufacturing grants

The NSW government has announced $275 million in Net Zero Manufacturing Initiative grants, which it says will help small businesses and others “take advantage of the transformation of our energy grid”. According to a statement from the government on Monday, the grants will be across three programs: Renewable manufacturing: increasing capacity to make the components…

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Quasar selected for Catalyst Accelerator

Australian satellite communications business Quasar Satellite Technologies is among seven companies selected to participate in the 13th Catalyst Accelerator, a program run by the US Air Force Research Laboratory Space Vehicles Directorate (AFRL/RV). Quasar has developed a technology based on CSIRO’s phased array research and is able to communicate with thousands of nanosatellites through one…

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