Albanese doubles SME share of government spending

The federal government has dramatically boosted the share of government procurement earmarked for Australia’s small and medium sized businesses. Finance minister Senator Katy Gallagher and small business minister Julie Collins announced revisions to the Commonwealth Procurement Rules (CPRs) on Friday that will double federal spending available to SMEs. The new CPRs now require that 20…

Stralis Aircraft plans hydrogen powered aircraft

Aircraft engineering firm Stralis Aircraft and Queensland regional airline Skytrans Airlines will develop and trial Australia’s first zero-emissions hydrogen electric propulsion aircraft, based on a Beech 1900D airframe. Announced at the Regional Aviation Association of Australia Roadshow in Darwin, Stralis will design, build and flight test an integrated Hydrogen Electric Propulsion System (HEPS) centred around…

Austal wins massive $4.3 billion United States patrol boat contract

Perth international shipbuilder Austal has been awarded a massive $4.35 billion contract for the detail design and construction of up to 11 Offshore Patrol Cutters (OPC, pictured) for the United States Coast Guard (USCG). The breakthrough contract justifies Austal’s $100 million expansion of its Mobile, Alabama shipyard to manufacture both steel and aluminium ships, and…

AspiraDAC launches solar powered Direct Air CO2 Capture

Carbon dioxide capture company AspiraDAC has launched a solar powered Direct Air Capture (DAC) product, with its first customer planning to deploy the system this year. Global financial infrastructure company Stripe is the manufacturer’s first customer, purchasing the system through Frontier, an advanced market commitment launched in partnership with Alphabet, Shopify, Meta and McKinsey. Frontier’s…

AEMO outlines 30 year electricity market investment

The Australian Energy Market Operator (AEMO) launched its 2022 Integrated System Plan (ISP), outlining a 30-year roadmap of investments for the National Electricity Market (NEM). AEMO has involved more than 1,500 stakeholders – including policy makers, governments, consumers and energy industry representatives – to produce its third ISP, based on rigorous economic and engineering analysis.…

Manufacturing news briefs – stories you might have missed

NERA opens way for energy companies to showcase their technologies Industry growth centre National Energy Resources Australia (NERA) has opened a pathway for energy technology companies to the Global Clean Energy Action Forum (GCEAF) event in Pittsburgh in September. NERA has launched LETs Pitch Australia, a supply chain development program aimed at Australian businesses developing…

EOS bolsters capital base, concentrates on defence

Defence, communications and space manufacturer Electro Optic Systems has bolstered its capital position with a new raising from shareholders at the same time refocusing the business on its profitable defence businesses. The Canberra company, currently conducting a strategic review of its diverse and capital-hungry businesses, successfully raised $15 million in a placement with institutions and…

Mildura cannabis facility receives manufacturing licence

Medicinal cannabis grower and manufacturer Cann Group has been granted a manufacturing and GMP testing licence for its Mildura, Victoria production facility (main picture, and below) by the Therapeutic Goods Administration (TGA). The Mildura GMP Licence enables Cann to manufacture Active Pharmaceutical Ingredients (API), hard capsules, Satipharm capsules for human therapeutic use, and perform in-house…