The 2020-21 budget falls short of the reset for manufacturing we need

Budget analysis by Peter Roberts The 2020-21 federal budget has been packaged and sold as many things, from one for jobs, to a reset for manufacturing. There are certainly a multitude of initiatives, but this is certainly not a budget that will ‘galvanise investment in Australian manufacturing’ to quote industry minister Karen Andrews. The problem…

Epi-Minder device tracks epilepsy seizures

Medical device developer Epi-Minder has successfully completed an $18 million Series A funding round. The company is commercialising its implanted Minder electroencephalography (EEG) monitoring device for those suffering from epilepsy. Existing shareholders Cochlear, the Bionics Institute, Melbourne’s St Vincent’s Hospital and the University of Melbourne took part in the capital raising. Bionics Institute researchers and…

Titomic and RMIT to 3D print satellite parts

Additive manufacturing company, Titomic has entered into a commercial research and development agreement with RMIT University to assess the capabilities of its Titomic Kinetic Fusion (TKF) 3D printing process to create structural satellite parts. The research, being conducted on behalf of global aerospace and defence company Lockheed Martin, will develop parts from high-performance metals, analysing…

SPC expands into frozen and prepared meals with purchase of The Kuisine Company

SPC Ardmona has taken a majority equity stake in Australian manufacturer of frozen ready meals and finger foods The Kuisine Company, as the iconic fruit and vegetable processor continues its transition into a global agribusiness. SPC, now under the ownership of Shepparton Partners Collective who bought the ailing business from Coca Cola Amatil, will grow…