Swinburne University of Technology and Sutton Tools have established a joint Smart Manufacturing Centre to work on projects in advanced manufacturing over the next five years in a model for industry/SME collaboration. A research agreement establishing the new centre, which will be based at Sutton Tools in Thomastown, Victoria, was signed by Swinburne’s Deputy Vice-Chancellor,…
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Pharmaceutical developer Starpharma has reported its strong financial position and progress on numerous R&D fronts over the March quarter as it accelerates research and commercialisation of its drug portfolio. The Melbourne company spent $4.3 million on R&D in the quarter as well as manufacturing expenses, ending with a closing cash balance of $64.3 million. Net…
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Molecular diagnostic company Genetic Signatures has reported year to date sales of $23 million for the nine months to March 31, more than double its full year revenue in the previous financial year. Third quarter sales were $4.3 million including instrument sales of $300,000, up 136 per cent on the previous corresponding period. The company…
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The Queensland government diverted up to a third of its industry attraction program to support existing local manufacturers to pivot to COVID-19 supplies, including ventilators, masks and testing kits in the state.
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The Victorian government today announced a new $20 million scheme offering companies up to $500,000 to support manufacturing innovation and capability development. The new Business Competitiveness Program is a plank in the government’s $60 million Manufacturing and Industry Development Fund, launched today by Minister for Industry Support and Recovery Martin Pakula (pictured). The program will…
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Additive technology company Amaero International is to supply production and sample products to Nissan Casting and Raytheon Intelligence and Space to be produced on its own 3D printing machines. In a quarterly update Amaero said it had received an order for production dies from Nissan for a 3D tool steel insert for die-casting automotive components.…
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With so much money on the table and other nations recently doubling down on climate commitments, let’s look at the good and bad bits of this landmark deal in more detail.
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It’s apparently a boom time for space businesses in Australia. However, there are pieces of sovereign capability that are sorely missing, as David Doral explains in this part of our Fibres and composites transforming industry series.
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Wound care technology developer Next Science will begin commercial sales immediately of its XPerience No Rinse Antimicrobial Solution after it received US Food and Drug Administration approval to market the product. The company’s shares soared 14.5 per cent yesterday on the news to $1.62, with the Sydney company claiming a US$15 billion market potential. Next…
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The CSIRO-founded “venture science” firm Main Sequence Ventures has announced a successful raise for “Fund II” which will continue a focus on companies solving “the world’s biggest problems” but with an increased focus on decarbonisation technologies.
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