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…

Manufacturing should triple its contribution to Australian GDP: Liveris

The final report of the National COVID-19 Commission’s manufacturing taskforce is expected to recommend policy changes including around energy, procurement, and commercialising public R&D work. Brent Balinski spoke to the taskforce’s head, Andrew Liveris, about ways to maximise manufacturing’s contribution in the economic recovery and beyond.

Alexium introduces new fabric cooling technology

Chemistry technology company Alexium International has introduced a new fabric and foam products cooling system to complement its core range. The company’s new Alexicool Phonon product cools bedding, upholstery and apparel materials by counteracting the insulative effect of textiles, moving heat away from the consumer. Until now the company’s technology has worked by absorbing heat…

Australia to develop UAS capabilities

The federal government has announced an investment of up to $1.3 billion to develop a sovereign capability in Unmanned Aircraft Systems (UAS) to enhance maritime surveillance capabilities. Defence will soon call for industry to register to investigate the capability and capacity of Australian industry to deliver air vehicles, sensor payloads, integration, training and sustainment. This…