Perth drone engine manufacturer Orbital UAV has announced revenues of $31.2 million for FY21 as it ramps up production for global drone manufacturers. The company booked a $1.2 million underlying operating profit for the year and a net loss of $10.8 million. A number of abnormal accounting treatments hit the company, including a US asset…
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Leading aerospace composites manufacturer Quickstep has made a move into the drone sector through an investment in unmanned aerial system (UAV) designer and manufacturer Carbonix. The Sydney company has taken an unspecified minority stake in Carbonix which makes the all-electric, fixed wing Volanti drone (pictured) and the Domani VTOL Power Lift drone. The two companies…
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Hobart-based Liferaft Systems Australia has earned almost $3 million in new contracts, and will deliver marine evacuation systems (MES), large-capacity liferafts and associated hardware to two European navies between 2023 and 2025.
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A deceptively simple Australian invention is winning global interest from farmers. An important part of its success is Nicole Davidson, who threw herself into the role of Davidson Engineering’s Marketing Manager. In this part of our Marketing for manufacturers series, Brent Balinski speaks to Davidson about her approach to running the company’s online presence.
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Electronics manufacturers such as Entech Electronics have had to beef up their supply chain and purchasing teams to meet the challenges of a global shortage of electronic components. Here, Yaser Darban explains what companies can do to weather the shortage. As the world recovers from a pandemic, another threat looms for manufacturers–a global shortage of…
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By Peter Roberts I have often heard people, even manufacturers, lament the destruction of appliance and whitegoods manufacturing in Australia. But there are survivors including Zip Water boilers in Sydney, Seeley and Braemar air coolers and gas heaters in Adelaide and Albury, Rheem in Sydney, and Electrolux’s oven factory, also in Adelaide. The Swedish company’s…
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Australia Post trials Australian made e-trikes Australia Post is trialling Australian made three-wheeled electric delivery vehicles to see if they complement its fleet of electric vehicle types. The company, which ordered 1,000 Swiss-made e-trikes earlier this year, is trialling Stealth Electric Bikes’ OzPods (pictured) in the Melbourne suburb of Lillydale over a variety of terrains.…
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Additive manufacturing technology group Aurora Labs (A3D) will develop trial marine components for commercial evaluation by BAE Systems Maritime Australia for potential inclusion in the nine Hunter class frigates it is building in Adelaide. BAE is in the prototyping phase of the frigate build and its’ R&D group is investigating large scale metal additive manufacturing…
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Electric vehicle manufacturer Nexport Mobility Group will build a large-scale vehicle manufacturing plant in Moss Vale following today’s announcement by investment group TrueGreen Impact Group which has raised $110 million for the project. Tor Investment Management provided the new funding. As foreshadowed in @AuManufacturing on Monday, Nexport plans to make e-buses utilising technology from China’s…
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Commercialisation business Grey Innovation has announced an Early Stage Venture Capital Limited Partnership (ESVCLP) fund. Grey Innovation Ventures was “decreasing the traditional risk” involved in the ESVCLP model and “by investing in sophisticated start-up companies. With first market access to Grey Innovation Group’s suite of companies in, or approaching early revenue stage, the risk is…
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