EOS raising confirms investor appetite for manufacturing

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…

Amaero Engineering lists and reveals road to profitability

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…

Four predictions for 2020

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.

Grant Tinney’s QPE positions itself for our shared future

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…