Two straight months of growth for manufacturing came to an end in August, according to the Australian Industry Group’s Performance of Manufacturing Index, with the Melbourne lockdown contributing to the negative result.
Australian wattle seeds are scheduled to be launched on a SpaceX flight next month, head to the International Space Station where they will remain for six months, and then return home to be studied by schoolchildren under the inaugural Australian Seeds in Space educational program.
For 50 years hydrogen has been championed as a clean-burning gas that could help reduce greenhouse gas emissions. The idea of a “hydrogen economy” is now enjoying a new wave of enthusiasm — but it is not a silver bullet.
In this part of @AuManufacturing’s Australia’s niche champions series, Simon Dawson shares three three points consistently raised in conversations with SMEs, each worth considering in terms of successful niche manufacturing.
Industrial composites systems manufacturer Matrix Composites & Engineering plunged to a $64.5 million loss after tax in the 2020 financial year with delays, deferrals and reduced capital expenditure in the oil and gas sector. Underlying EBITDA loss is $3.7 million, the difference made up by asset write downs as its markets were challenged by the…
Drone counter-measure company DroneShield Ltd has received orders from government agencies of two separate European countries for its products. The first order is for the Company’s DroneSentinel multi-sensor detection system, controlled by the DroneShieldComplete Command-and-Control (“C2”) engine. The order also includes its DroneGun Tactical portable counterdrone equipment. The second order is from the Ministry of…
Infant formula and goat milk company Bubs Australia maintained strong growth in the 2020 financial year despite the Covid-19 pandemic disrupting supply chains in Australia and China. Bubs CEO Kristy Carr said: “Thanks to the foundations laid by the Company over the last two years, Bubs has enjoyed a year of solid revenue trajectory across…
Space, communications and defence manufacturer Electro Optic Systems experienced a horror last Covid-19 seven days to the second half of 2020. The Canberra company reported major disruptions to its supply chain in the last week of June interrupted product delivery and delayed revenues until later this year. The half year result was a loss after…
Economic growth in current times will ask for identifying new, efficient ways of increased productivity, ways to integrate policy priorities across diverse sectors.
France’s Naval Group Australia will open a new $25 million office in Port Adelaide as it gears up for construction of the Attack class submarine at nearby Osborne. The submarine builder has now welcomed its 250th employee as part of a rapid ramp up of staff on the way to future direct employment of 1,700.…
