Manufacturers deal direct with producers to secure gas supplies

Analysis by Peter Roberts A major trend is developing with big manufacturers by-passing distributors and retailers and dealing direct with gas producers to secure reasonably-priced, long-term access to the key industrial fuel. Queensland gas producer Senex Energy (ASX: SXY) signed an initial deal this week with packaging manufacturer, Orora (ASX: ORA). The two year agreement…

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Skyborne Technologies raises cash to fund UAV development

Brisbane UAV maker Skyborne Technologies has raised $5 million (US$2.45) to further commercialisation of its Cerberus GL micro tactical UAV. Cerberus is designed as the world’s lightest armed UAV, weighing only six kilogrammes, with the company targeting the defence and law enforcement market. The capital raised was from a private institutional investor based in Abu…

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