Why we need Australia’s niche champions – our new series

By Peter Roberts Manufacturing is undergoing massive transformation in a fourth industrial revolution, sometimes called Industry 4.0. The combination of robotics and automation, artificial intelligence, machine learning and data analytics offers a platform to rebuild Australia’s manufacturing sector. It needs to, as the days when Australia could prosper as a resource commodity exporter with local…

XTEK raises $11.4 million and joins C4 EDGE consotrium

Defence technology group XTEK is raising $11.4 million from investors and also moving to join the C4 EDGE consortium of 17 SMEs that are developing a sovereign C4 (commend, control, communications and computing) environment for the Australian army. The company announced it had successfully raised $9.2 million from an oversubscribed placement with institutional investors, and…