Perth shipbuilder Austal has laid the keel of the first of six Cape Class patrol boats the company is building for the navy at its Henderson shipyard south of Perth. Keel laying is a major milestone in the construction of the ship, known hull 811, which is scheduled for delivery to the RAN in September…
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Oil and gas industry composites manufacturer Matrix Composites has been hard hit by the Covid-19 pandemic, reporting subdued revenue in the latest financial year and sparking a strategic review of its businesses. The company, which supplies buoyancy systems for undersea gas and oil installations and pipelines (pictured below), reported unaudited fourth quarter revenue of $27.5…
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Drone detection and countermeasure company, DroneShield has announced two orders from military customers in Europe and the United States in two days. The company won an order for its RadarZero portable counterdrone system (main picture), powered by the DroneShieldComplete control system from a significant European military force. And it won a contract from the US…
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ASX-listed brain scanner technology company EMVision Medical Devices has announced the successful close of a $9 million capital raising.
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The Northern Territory government and the Australian Space Agency have signed a memorandum of understanding that each says will take advantage of the NT’s geography and infrastructure as the space industry grows.
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Bu James Riley The NSW government has unveiled a tech procurement taskforce aimed at building sovereign capability and the transfer of skills and capability into the state’s public service delivery programmes. Having last month announced $1.6 billion in economic stimulus funding over three years to build government digital infrastructure, the state is now setting up…
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Completion rates for apprentices and trainees who commenced training in 2015 have held relatively steady during the global pandemic at 56.8 per cent, down 0.4 per cent from those commencing in 2014. New data from the National Centre for Vocational Education Research (NCVER) also showed stable completion rates in trade occupations at 56.2 per cent,…
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Wound care technology developer Next Science was hit by shutdowns of elective surgeries and wound care clinics in the United States during the first six months of 2020, curbing revenue. Sales for the six months were $1.9 million, a small reduction on the previous corresponding period. Sales of Bactisure wound wash, BlastX anti-microbial wound gel…
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Advanced carbon fibre composite road wheel manufacturer, Carbon Revolution is eyeing off new export contracts as it clocks up rapid growth. FY20 was a year of progress for the Geelong company as it ramped up production to an annualised rate of 30,000, improved processes and shrugged off the effects of the Covid-19 pandemic. Turnover in…
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The Western Australian government has offered matched funding of up to $500,000 for SMEs wanting to manufacture PPE, in one of three rounds announced on Thursday under its Local Capability Fund program.
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