Super funds back Gilmour Space Technologies

Australian superannuation funds HESTA, Hostplus, and NGS Super have backed the latest capital raising for Gold Coast rocket manufacturer Gilmour Space Technologies in good news for high-tech manufacturing. The funds joined Australian and global venture capital firms pledging $61 million to Gilmour in what is the biggest capital raising ever by an Australian space business.…

Calix and CSL in Victorian biotechnology developments

Industrial technology company Calix has been awarded $1 million in federal funding to develop its biotechnology manufacturing operations at Bacchus Marsh in Victoria. At the same time pharmaceutical giant CSL has set aside several floors at its new 18-storey headquarters building in Melbourne’s Parkville (pictured) for a new biotechnology incubator. Calix, best known for its…

Manufacturing news briefs – stories you might have missed

Atomo Diagnostics gets FDA clearance Medical device company Atomo Diagnostics has received Emergency Use Authorisation from the US Food and Drug Administration for its one of its rapid COVID-19 tests developed with Korea’s Access Bio. The company’s CareStart EZ COVID-19 IgM/IgG test detects recent or previous Covid-19 infection. The rapid antibody test combines Atomo’s rapid…