Which jobs are most at risk from the coronavirus shutdown?
The immediate impact of the coronavirus shutdown is striking in its magnitude, its speed and its concentration on a small set of industries.
Board changes at Aurora Labs, company seeking new CEO
Aurora Labs (ASX:A3D) has reshuffled its board and announced it is seeking a new CEO as it prepares to commercialise its metal additive manufacturing technology.
NIOA to make and export F-35 ammunition
Medium calibre munitions for the F35 lightning fighter aircraft will be produced in Australia and exported to allies including the United States following an announcement by the Rheinmetall NIOA Munitions (RNM) joint venture. The venture, between Australian-owned NIOA and Germany’s Rheinmetall, will install a new production line at the government-owned munitions plant in Benalla to…
Barrett receives new US communications order
Barrett Communications has announced a new partnership with US company Royal Communications International, and a new order for HF radio equipment for the US Mission in Central Asia. The Perth company, which also manufactures in the United States, revealed a two-prong strategy to build sales to the world’s biggest defence custoer. The first prong is…
Global call to deliver hydrogen plan Down Under
An international expression of interest has been issued by Australia’s leading energy providers to help deliver the nation’s low carbon vision through hydrogen.
ABS releases results of COVID-19 impact on business survey
The Australian Bureau of Statistics has found 49 per cent of businesses surveyed between March 16 – 23 had suffered “adverse impacts” from the COVID-19 coronavirus outbreak.
Advanced Manufacturing Expo to go ahead in November, say organisers
Reed Exhibitions, the organisers of the recently-postponed Australian Manufacturing Expo event, has given the rescheduled dates as November 18 – 20.
Investors flock to back Cochlear raising
Institutional investors have responded rapidly to hearing technology group Cochlear’s efforts to raise new capital, subscribing $880 million in new capital within two days. The company, which is raising capital to tide it over a slump in surgical implant procedures of its devices caused by the Covid-19 coronavirus pandemic, originally intended to raise $800 million,…
Micro-X to expand X-Ray machine manufacture
Portable X-ray equipment leader Micro-X has received yet more new orders for its lightweight Nano portable X-ray machine for use in diagnosing advanced cases of the Covid-19 coronavirus, sparking a scaling up of manufacturing capabilities. The Adelaide company has developed the world’s first and only carbon fibre nanotube X-ray emitter, and had made only initial…
3D-printed body parts set for surgical training ramp up
A South Australian company that manufactures 3D-printed medical training devices is set to embark on a $10 million capital raising campaign so it can ramp up production post coronavirus.