By Peter Roberts Defence, space and communications group Electro Optic Systems (ASX: EOS) has raised $85 million from investors and shareholders, confirming investor appetite for progressive manufacturers. The company announced it had raised $17 million – $10 million more than initially sought – in a share purchase plan from existing shareholders. This came on top…
Comment by Peter Roberts Having failed in its last attempt to slash the cost of, I mean ‘reform’ the R&D tax incentive – its own Senators refused to vote for it – the government is trying yet again. Smarting from a rejection of its efforts to slash, I mean ‘reform’, the scheme earlier in the…
A little over a week ago, a Queensland-based company announced a deal with an unnamed North American giant for countless units of a product you’ve probably seen at your local Bunnings.
Comment by Peter Roberts It wasn’t so long ago that then senior Singaporean politician Lee Kuan Yew offended Australians when he called us the white trash of Asia. Working in Singapore at the time I had a first hand view, and a rather low opinion, of the products of Singapore’s rote-learning early school education. I…
Copper could be the key ingredient in improving titanium alloys for additive manufacturing. Brent Balinski spoke to RMIT’s Professor Mark Easton about recent work promising better printed parts.
By Peter Roberts Additive manufacturing company Amaero International (ASX: 3DA) has revealed a swift move from losses to profits in filings with the ASX following its $8 million capital raising and listing on the exchange. The company’s 2019 accounts reveal a profit before tax of $454,266 for the year, an improvement on the $1.5 million…
Comment by Peter Roberts There is increasing evidence that Australia’s decision to ditch its indigenous experience building the Collins Class submarine and buy a completely new design from France is turning out to be a costly mistake. I have always argued that the best path for Australia would have been to build a modified Collins,…
It’s the beginning of December, meaning it’s time for news websites and others to look back and make sense of the year that’s nearly through, or to speculate about the one coming up. We have the same access to a functioning crystal ball as anybody else, but will take a punt on four developments for 2020.
Analysis by Peter Roberts One of the most innovative renewables projects planned anywhere globally has got a second lease of life with energy storage company 1414 Degrees (ASX: 14D) purchasing Solar Reserve Australia for a nominal price. For $2 million 1414 Degrees will take control of the company’s Aurora Solar Energy Project at Port Augusta…
Comment by Peter Roberts One thing has been left out of the discussion of major government outlays developing Australia’s sovereign ability to build and maintain naval ships. That is the requirement for SMEs to play their part and invest large sums that often challenge – and risk – the resources of what are family owned…
