EOS completes takeover, boosts profit forecast

Canberra-based electronics and systems developer Electro Optic Systems (ASX: EOS) has completed the takeover of communications business EM Solutions and released increased profit forecasts for the year. The company is now a subsidiary and a foundation for EOS’s new communications division, alongside its divisions in defence and space business. EOS’s expertise is in laser communications…

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Behind those headlines. Why not to rely on claims robots threaten half our jobs

By Michael Coelli, Senior Lecturer, University of Melbourne and Jeff Borland, Professor of Economics, University of Melbourne Should we believe headlines claiming nearly half of all jobs will be lost to robots and artificial intelligence? We think not, and in a newly released study we explain why. Headlines trumpeting massive job losses have been in abundance…

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Defence industry boost needed for national security

Increasing regional strategic uncertainties require new defence industry policies to achieve military self-sufficiency, according to to military strategists. Writing in the journal of the Australian Strategic Policy Institute, David Harvey and Graeme Dunk said Australia was not prepared for conflict from fuel supplies to bullets and spare parts. They argue: “For Australia to be more…

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NASA and ANFF to deliver new electronic technologies

The Australian National Fabrication Facility (ANFF) and NASA are to collaborate in developing new electronics technologies and new uses for advanced materials. Under a just signed umbrella agreement, the ANFF’s micro and nanofabrication expertise will work to solve challenges faced by the aerospace industry. The ANFF provides academia and industry with access to more than…

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